The Texas Bankers Association (TBA) has expanded its endorsement of Wolters Kluwer Financial Services' regulatory compliance and risk management solutions to include several of the company's mortgage compliance documentation solutions.
‘The combination of low interest rates and new or enhanced government lending programs presents banks with a number of new business opportunities and better ways to serve their customers," says Lenelle Freeman, executive vice president of the TBA. "At the same time, state and federal lending regulations are likely to become even stricter. It makes perfect sense for banks to partner with a trusted compliance provider like Wolters Kluwer Financial Services to manage regulatory risk more efficiently while growing their business."
The TBA endorses five Wolters Kluwer Financial Services' mortgage compliance documentation solutions, including the Document Services Platform, the Secure Document Exchange and StateLink.
Besides the company's mortgage compliance documentation solutions, the TBA endorses the Wolters Kluwer's PCi compliance analytics solutions to help its members address fair and anti-predatory lending requirements, including Home Mortgage Disclosure Act and Community Reinvestment Act obligations.
SOURCE: Wolters Kluwer Financial Services