Wolters Kluwer Updates Compliance Software for Reg Z

Wolters Kluwer Financial Services upgraded its anti-predatory lending software to comply with the upcoming changes to the Federal Reserve Board’s Regulation Z. Wiz Sentinel now has functionality that identifies higher-priced loans and helps lenders meet requirements for closing the loan. “Helping our customers ensure they begin meeting the new requirements on Oct. 1 gives them peace of mind that there will be no interruption in their lending business at a time when every loan counts and they are demonstrating that they take compliance very seriously,” said Kurt Sames, vice president and general manager of consumer compliance for the company. Write to Austin Kilgore.

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