Wolters Kluwer Financial Services said Wednesday that it is offering financial institutions a comprehensive new line of compliance management services, spanning most of the key “hot areas” in the current mortgage banking space — areas like reverse mortgages, mergers & acquisitions, and so forth. “As the bank regulatory environment continues to grow increasingly complex, many financial institutions are finding they have neither the time nor sufficient in-house resources to stay on top of the latest requirements and guidelines,” the company said in a press statement. Wolters Kluwer’s new compliance management services offering brings together previously disparate aspects of the financial services provider’s business, including its Bankers Systems, PCi and VMP Mortgage Solutions brands, the company said. The new offering will add four new offerings focusing on the hottest areas in mortgage lending, including a government lending services practice that provides license support, compliance management and training for lenders looking to enter FHA and VA loan markets. Also offered are services surrounding reverse mortgages and M&A, as well as consumer compliance review and testing services. Woleters Kluwer said company experts in each area can be deployed on-site at institutions to help them build and strengthen their risk management programs, educate their employees and show them how to utilize technology to help make compliance easier and more cost-effective. For more information, visit http://www.wolterskluwerfs.com.
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