Wolters Kluwer Financial Services has partnered with Wipro Gallagher Solutions to provide a way to simply RESPA compliance documentation for customers, the companies announced.
The move integrates the NetOxygen loan origination system that is produced by Wipro Gallagher Solutions with the Expere document services program run by Wolters Kluwer Financial Services.
The companies said the process will allow NetOxygen users to manage compliance forms and content in one place, while gaining the extensive reach of loan data available in NetOxygen.
“The NetOxygen platform provides a single solution to financial institutions seeking to consolidate all products and channels on one platform. Since Expere offers strong lending coverage on both mortgage and consumer products, together we deliver an all-inclusive compliance solution to a diverse set of lending institutions,” said Art Tyszka, senior director and general manager, Residential Lending with Wolters Kluwer Financial Services.
“Our alliance with Wolters Kluwer Financial Services provides added assurance to our customers that demanding mandates like the TILA-RESPA Integrated Disclosure rule will be completely addressed and automatically analyzed, interpreted and updated for them,” WGS Practice Director Teresa Blake said.
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