Del Mar DataTrac Integrates Wolters Kluwer Doc Preparation Platform

Del Mar DataTrac (DMD), a provider of lending automation solutions, has made Wolters Kluwer Financial Services home loan application disclosures and closing documents available in its DataTrac loan origination solution.

DataTrac customers will now have electronic access to Wolters Kluwer Financial Services' VMP Mortgage Solutions compliance disclosures and closing document packages through the company's Document Preparation Platform.

Because the platform generates the necessary compliance documentation on behalf of DMD's lenders, the regulatory requirement burden of determining which documents are required for a specific transaction and jurisdiction is reduced, the companies say.

"Partnering with Wolters Kluwer Financial Services allows DMD to give the hundreds of mortgage lenders, banks and credit unions that use DataTrac the benefit of accessing these accurate and up-to-date compliance documents without disrupting their lending workflow," saays Rob Katz, president of DMD.

SOURCES: Del Mar DataTrac, Wolters Kluwer Financial Services

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