Wolters Kluwer Financial Services Expands Default Servicing Solutions

Posted by Orb Staff on August 21, 2012 No Comments
Categories : FYI

Minneapolis-based Wolters Kluwer Financial Services has expanded its Document Management Services, offering to include default notices, demand letters, foreclosure affidavits and other collection letters used by mortgage servicers during the delinquency and foreclosure processes.

According to the company, its regulatory and risk management experts can review servicers' existing notices and letters to help ensure they meet state and federal laws that require a complete and compliant case file before foreclosing upon a property.

‘Our professionals' deep understanding of the volatile and ever-evolving regulatory environment can help servicers reduce the time they spend monitoring compliance change, eliminate redundant or obsolete forms, and implement compliant and accurate documents,’ says Jason Marx, vice president and general manager of Wolters Kluwer Financial Services' residential and indirect lending businesses.

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