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Wolters Kluwer Financial Services Helps Mortgage Lenders Produce Cleaner, More Saleable Loans By Bringing Regulatory Compliance to Front End of Lending Process


MINNEAPOLIS, October 23, 2006 - Wolters Kluwer Financial Services announced today that it will help mortgage lenders produce a cleaner, more saleable loan by allowing lenders to embed regulatory compliance in the front end of the lending process.

Wolters Kluwer Financial Services now offers lenders the opportunity to securely pass borrower data back and forth between Wolters Kluwer Financial Services’ VMP(R) X4 Workflow Manager document preparation and collaboration platform to its Wiz(R) Sentinel compliance solution through a new seamless interface.

Wiz Sentinel, part of Wolters Kluwer Financial Services’ PCi product line, gives lenders the ability to perform a series of web-based compliance checks throughout the loan process beginning at the time of application. The compliance checks are applicable to all 51 jurisdictions and can be customized to a lender’s specific policies.

Wiz Sentinel compliance checks available to users of the seamless interface with the VMP X4 solution are those that focus on anti-predatory lending, Home Ownership and Equity Protection Act, Truth in Lending, APR validation, state usury laws, fee limits and marital signature requirements based on their license type. Lenders pay one annual subscription fee for as many checks as they need to perform.

Both VMP X4 and Wiz Sentinel are highly-configurable, rules-based solutions that can be tailored to a lender’s specific compliance policies and work flow requirements. This configurability allows a lender to enforce specific regulatory and investor compliance guidelines by lending channels and by loan product type.

“By uniting two of its market-leading solutions, Wolters Kluwer Financial Services is helping mortgage lenders utilize a single vendor to take an enterprise-wide view of compliance across all lines of their business,” said John Bryant, executive vice president of banking for Wolters Kluwer Financial Services. “No other provider in the marketplace can offer lenders this integrated approach to regulatory and investor compliance in the document preparation process.”

Wolters Kluwer Financial Services’ VMP and PCi solutions are built upon decades of regulatory content, industry knowledge and experience. Financial organizations, regulators and examiners have associated Wolters Kluwer Financial Services with leading compliance and operational risk management solutions through the organization’s industry-leading brands like VMP Mortgage Solutions, PCi, and Bankers Systems for more than 50 years.

About Wolters Kluwer Financial Services
Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include Bankers Systems, VMP(R) Mortgage Solutions, PCi, GulfPak, GainsKeeper(R), CCH(R) Capital Changes, NILS INSource(R), AuthenticWeb(TM), and CCH Wall Street.

Wolters Kluwer Financial Services’ solutions include integrated and stand-alone compliance and work flow tools, documentation, analytics, authoritative information, and professional services. Customers include banks, credit unions, mortgage lenders, securities, and insurance organizations of all sizes throughout the United States. For more information on Wolters Kluwer Financial Services, visit


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