Ginnie Mae Utilizes Wolters Kluwer eOriginal Technology for First Fully Electronic Securitization
eNotes transaction signals transformative industry turn toward digitization Wolters Kluwer Compliance Solutions newly acquired eOriginal technology platform is helping support a major U.S. government institution s efforts to adopt digital technologies as part of its broader modernization initiative.
Ginnie Mae, an eOriginal client, recently announced a key milestone in its digital journey by guaranteeing securitization of mortgage-backed securities (MBS) for the first time exclusively through the use of eNotes technology, utilizing the eOriginal platform. The MBS were part of the January issuance cycle and backed by digital pools comprised exclusively of eNotes that closed in December 2020, totaling approximately $24 million in aggregate principal value. By accepting eNotes as valid collateral for loan products issued by the Federal Housing Administration, Veterans Administrati
Press release content from Business Wire. The AP news staff was not involved in its creation.
Israel Discount Bank Selects Wolters Kluwer’s Compliant E-Forms Package
February 19, 2021 GMT
MINNEAPOLIS (BUSINESS WIRE) Feb 19, 2021
Israel Discount Bank of New York (IDB Bank) has selected Wolters Kluwer Compliance Solutions’ Deposit E-Forms Module (DEMx) Expansion Pack to help streamline and enhance the management of its document disclosure practices.
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Providing disclosures is a required and critical function of U.S. banks and credit unions as part of the account opening and servicing process. The Wolters Kluwer DEMx offering allows financial organizations to streamline their documentation processes, help ensure compliance with all regulatory requirements, maximize internal resources, and reduce turnaround times.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Media Alert: Wolters Kluwer Lien Solutions Cites AI and Analytics as Key to Commercial Lending Success
January 22, 2021 GMT
HOUSTON (BUSINESS WIRE) Jan 22, 2021
Technology advances, combined with the current economic downturn, are prompting commercial mortgage lenders and brokers to increasingly embrace newer technologies and the latest data analytics capabilities to more effectively compete against non-traditional lenders, manage risk, and grow their businesses. That’s according to Wolters Kluwer Lien Solutions, writing in a new thought leadership piece.
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“Although there are many noteworthy technologies impacting commercial mortgage lending, none may be more important than the AI- and machine learning-based insights that allow financial institutions to transform their businesses and succeed in a rapidly changing market,” writes Nasser Ansari, Director of Product Ma
Press release content from Business Wire. The AP news staff was not involved in its creation.
Wolters Kluwer Lien Solutions Wins Seven New Awards, Announcing Record Number of Industry Accolades In 2020
December 21, 2020 GMT
HOUSTON (BUSINESS WIRE) Dec 21, 2020
Wolters Kluwer Lien Solutions has been honored with two Golden Bridge Awards, two Business Intelligence Group (BIG) Awards and three Best in Biz North America Awards. The latest seven award wins mean the business is finishing off the year with a record number of industry honors, having earned a total of 31 industry awards in 2020 for excellence in product innovation.
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Categories in which Lien Solutions earned honors in these latest awards range from Best New Product Feature of the Year and Best Information Technology Software to Enterprise Product of the Year. According to business unit leaders, much of the success behind these product innovations can be attributed to the critical input of Lien Solutions cus