Wolters Kluwer Financial Services has implemented an expanded, centralized suite of settlement services. Banks, lenders and service providers can now access the suite of settlement solutions through one Web site that allows them to pull credit and mortgage reports, generate automated valuation models (AVMs), perform appraisals, obtain flood determinations, secure title insurance and utilize other settlement services.
The company has also formed a dedicated settlement services business unit to help better support its strengthened settlement services suite, through which the company currently serves more than 1,500 banks and mortgage lenders. According to Wolters Kluwer, the new business unit is investing heavily in human capital, complementary new product offerings and strategic integrations with many of the industry's loan origination system and ordering platform providers.
SOURCE: Wolters Kluwer Financial Services