Wolters Kluwer forms alliance with Fidelity NationalMortgagePress.comloan modification document solutions, compliance, loss mitigation
Wolters Kluwer Financial Services and Fidelity National
Information Services (FIS) announced plans to integrate Wolters
Kluwer Financial Services' loan modification document solutions and
compliance content into the loss mitigation module of FIS' Desktop
platform.
FIS Desktop is a robust work flow, document and expense
management system that provides mortgage lenders, servicers and
investors with business management technology to help manage the
entire post-origination loan cycle, from loan acquisition and
boarding through loss mitigation and real estate-owned (REO)
property disposition. The loss mitigation module is available to
all servicers and is integrated with FIS' Mortgage Servicing
Package platform, as well as other servicing platforms.
With the integration of Wolters Kluwer Financial Services'
Desert Document Services repository of standardized documents into
FIS' Desktop solution, servicers will have the ability to
automatically generate federal and state compliant documents on a
nationwide basis. This will help them eliminate the need to
maintain and track loan modification documents on a state-by-state
basis to ensure ongoing regulatory and recording compliance. The
integration will also enable servicers to customize loan
modification documents and packages as needed.
Wolters Kluwer Financial Services is a provider of forms and
compliance software to the financial industry based in Minneapolis.
For more information, call (800) 552-9410.
Jacksonville, Fla.-based Fidelity National Information Services
Inc. is a provider of core processing for financial institutions.
For more information, call (888) 323-0310 or visit www.fidelityinfoservices.com.
