Standard industry documents for 51 jurisdictions that are monitored and kept compliant with federal and state rules and regulations as well as investor requirements
Seamless automation: Originate, document and service
Origination features
Early Disclosure documents that are compliant with current loans [e.g. TILA-RESPA Loan Estimate, GFE, Homeownership Counseling Notice, etc.]
Controlled product templates with pre-configured policies and documents workflow interfaces for upfront services [e.g. Credit Bureau, ATR/QM, HOEPA/HPML]
Automated business rules and calculations performed by the system
Closing documents that are compliant with current loans [e.g. HUD Settlement Statements, Closing Disclosures]
Business-to-business workflow interfaces to closing service providers [e.g. Flood Determinations] and exports to enable downstream workflows
Assumption documents and workflow capabilities that can be extended to Home Equity Closed-end Loans
Taking productivity to a new level: Business process management
- An assumption business process that’s controlled from within a single system
- The ability to manage timing requirements around tasks by all parties involved in the transaction
- The ability to manage the sending and receiving of electronic versions of documents (PDFs)
- Configurable workflows and tasks that assist with process management and user work queue visibility
- Efficient collaboration between all parties involved in the assumption including initial Application from Borrower
Tamper-sealing technology: Secure document exchange
Tamper-sealing technology that minimizes the possibility of hackers, identity thieves, and unintended recipients.
The ability to electronically send packages to a secure website where applicants and account owners log in, view, accept, approve, and/or edit the documents and send them back through their preferred format (paper, fax, or with the same secure electronic channel complete with e-signature).
The ability to easily track all communications and documents you send and receive
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Assumption lending
Streamline and simplify the assumption lending process
Seamless automation
Wolters Kluwer’s Assumption Lending solution can simplify and streamline the Assumption Lending process through our server-hosted SaaS platform.