Alabama Bankers Association Backs Wolters Kluwer Financial Services

Posted by Orb Staff on July 22, 2009 No Comments
Categories : Residential Mortgage

s Kluwer Financial Services reports that the Alabama Bankers Association (ABA) now endorses the company's mortgage lending compliance solutions. Wolters Kluwer Financial Services provides financial institutions with lending compliance documents, disclosures and consumer education materials through several formats. The ABA endorses Wolters Kluwer Financial Services' compliance documentation solutions and its PCi compliance analytics solutions, which help lenders address fair and anti-predatory lending requirements, such as Home Mortgage Disclosure Act and Community Reinvestment Act obligations. "As community banks look to grow their mortgage business in today's marketplace, the number of compliance and operational risks they'll face will also grow," says Dan Bailey, CEO of the ABA. "Partnering with an experienced provider of risk management solutions like Wolters Kluwer Financial Services can help them manage these new challenges more efficiently than if they tried to do so on their own." SOURCE: Wolters Kluwer Financial S

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