Press Release

MINNEAPOLIS – Jan. 12, 2009 –The Independent Community Bankers of America (ICBA) and Wolters Kluwer Financial Services announced today that they will co-sponsor a Webinar for community bankers across the country to detail new business opportunities through the Federal Housing Administration (FHA) loan programs. The announcement comes one month after ICBA and Wolters Kluwer joined forces to offer ICBA members access to the company’s complete suite of mortgage lending solutions. 

“FHA lending is the fastest growing segment in today’s mortgage lending marketplace,” said Jason Marx, vice president and general manager, Mortgage, Wolters Kluwer Financial Services. “The increased demand for FHA loans presents community banks with a tremendous business opportunity to support their customer base, perhaps one of the biggest they’ve encountered in years. But to take advantage of that opportunity, they’ll need the knowledge, skills and tools available to do so. This Webinar will help them get started.”

Community bankers can log onto the Internet on Wednesday, Jan. 14, at 11 a.m. ET to participate in the Fundamentals of FHA Lending, a 90 minute Webinar that features the latest information on FHA loan origination, processing, borrower and property eligibility standards, underwriting and loan servicing of this government-guaranteed lending option. The cost of Webinar is $199 per connection site.

“This Webinar presents ICBA members with a unique opportunity to learn more about how FHA loans can be leveraged to serve both new and existing customers,” said Dan Clancy, ICBA senior vice president of services.  “In a challenging economic environment, the suite of FHA loan products is yet another tool that can be used by community bankers to help them continue to perform their vital function in serving their customers and in helping to restore economic vitality to cities and towns throughout America.”

For more information on the Wolters Kluwer Financial Services’ mortgage solutions as well as numerous other products and services included in the company’s ICBA Preferred Service Provider relationship, please visit the ICBA Web site or go to www.WoltersKluwerFS.com

About Wolters Kluwer Financial Services

Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization’s prominent brands include Bankers Systems, VMP® Mortgage Solutions, PCi, GulfPak, Desert Document Services®, AppOne®, GainsKeeper®, Capital Changes, NILS and AuthenticWeb™.

Wolters Kluwer Financial Services’ solutions include integrated and stand-alone compliance and workflow tools, documentation, analytics, authoritative information and professional services. Customers include banks, credit unions, mortgage lenders and securities and insurance organizations of all sizes throughout the United States. For more information on Wolters Kluwer Financial Services, visit www.WoltersKluwerFS.com.

Wolters Kluwer is a leading global information services and publishing company. The company provides products and services globally for professionals in the health, tax, accounting, corporate, financial services, legal and regulatory sectors. Wolters Kluwer has annual revenues (2007) of €3.4 billion ($4.8 billion), maintains operations in over 33 countries across Europe, North America, and Asia Pacific and employs approximately 19,500 people worldwide. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Visit www.WoltersKluwer.com for information about our market positions, customers, brands and organization.

About ICBA

The Independent Community Bankers of America, the nation’s voice for community banks, represents nearly 5,000 community banks of all sizes and charter types throughout the United States and is dedicated exclusively to representing the interests of the community banking industry and the communities and customers we serve. For more information, visit www.icba.org.