Items Tagged with 'CT'


  • Wolters Kluwer Beefs Up Flood Determinations Through Acquisition

    Wolters Kluwer Financial Services acquired a substantial portion of Austin-based Stormwater Research Group, which provides flood compliance solutions to the mortgage banking industry. Wolters Kluwer will expand its presence in the flood determination aspect of mortgage lending with its acquisition of Stormwater, which provides both basic and life-of-loan flood determination services.
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  • Wolters Kluwer Launches RESPA Tool Box

    In advance of the new requirements added to the Real Estate Settlement Procedures Act (RESPA) that take effect January 1, 2010, the Minneapolis-based Wolters Kluwer Financial Services launched its RESPA Tool Kit to help financial institutions understand and implement the changes. The software provides an overview of the Department of Housing and Urban Development's (HUD) changes, including revisions to the good faith estimate and HUD-1 and HUD-1A documents, as well as settlement cost booklets intended clarify loan terms to consumers.
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  • A New Type of Training for Securities Professionals

    A new interactive, online training course for securities professionals from Wolters Kluwer Financial Services offers firms customizable tools for communicating compliance requirements to employees. "The interactive courses help provide confidence that the transfer of knowledge has occurred with each employee--something that can't always be achieved through more passive educational tools or communications," says Anna Monteiro, senior director of regulatory products at Wolters Kluwer.
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  • Wolters Kluwer Preps Clients for Reg Z

    Technology and consulting firm Wolters Kluwer will now offer on-site assistance to help institutions begin preparing for the Federal Reserve Board's new Regulation Z requirements, going into effect in October. The changes will require institutions to comply with several Home Ownership and Equity Protection Act (HOEPA) requirements tied to a new class of mortgages the FRB identifies as "higher-priced."
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  • Wolters Kluwer Touts Compliance Management Services

    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.
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