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Press ReleaseLoanResolve.com And Wolters Kluwer Financial Services Work Together To Help Lenders and Distressed Borrowers Avoid Foreclosures
LoanResolve Turns To Wolters Kluwer Financial Services to Rapidly Implement Loan Modification Solutions
MINNEAPOLIS – Jan. 28, 2008 – LoanResolve.com, which helps distressed homeowners avoid foreclosures by working within their lenders’ loan resolution programs, has turned to Wolters Kluwer Financial Services, the leading provider of regulatory compliance solutions to U.S. financial institutions, to quickly implement loan modification document solutions that ensure compliance with lender requirements. LoanResolve offers borrowers an online tool that helps them proactively research ways to resolve a delinquent or potentially delinquent loan with their lender. Based on information the borrower provides concerning their loan and their lender’s available resolution options, LoanResolve assists the borrower and lender in agreeing to new terms. In the case of a loan modification, LoanResolve can quickly produce the needed documents to meet lender requirements through Wolters Kluwer Financial Services’ Desert Document Services platform. Wolters Kluwer Financial Services offers lenders and servicers a standard, yet customizable set of loan modification documents and packages compliant with investor requirements. The company’s robust change management capabilities ensure rapid implementation of any new or updated document requirements that may stem from investors or potential regulations. In addition, Wolters Kluwer Financial Services can provide secure electronic delivery of completed document packages to borrowers and all other involved parties. This secure electronic delivery option allows the lender or servicer to send and receive electronic messages and can provide eSign capabilities for the borrower’s acceptance of the loan modification. “The flexibility and compliance expertise that Wolters Kluwer Financial Services offers with their document solutions is the right fit for our business needs,” said Jim McArthur, President of LoanResolve.com. “We work closely with both the lender and borrower in developing and executing loan resolution programs and lenders can quickly implement the loan modification document requirements specific to individual clients.” “Wolters Kluwer Financial Services is excited to be working with LoanResolve and its clients in the loan modification process,” said Jason Marx, vice president and general manager, Mortgage, Wolters Kluwer Financial Services. “The lenders that LoanResolve works with can be confident in our ability to quickly implement loan modification document solutions that will be compliant with their guidelines and any forthcoming regulatory requirements.” To learn more about Wolters Kluwer Financial Services loan modification solutions, please call 1-800-726-9898, extension 3. About LoanResolve.comLoanResolve provides best-in-class, technology solutions and services that help financial organizations manage default losses, liquidate non-performing assets, minimize risk and improve borrower communications. The organization’s prominent brands include LoanResolve.com, Mortgage Modifier and RealtyResolve.com. LoanResolve’s solutions include Internet based and telecom integrated workflow solutions and professional services. Customers include mortgage servicers, banks, credit unions, mortgage lenders, mortgage insurance companies, real estate organizations, title companies and foreclosure attorney firms of all sizes throughout the United States. For more information on LoanResolve Services, visit www.LoanResolve.com. LoanResolve is a leading technology solutions provider to the financial sector. The company provides products and services for homeowners at risk of foreclosure, mortgage servicers and legal firms involved in default resolution. LoanResolve maintains operations across in USA and Canada. LoanResolve is headquartered in Saint Petersburg, Florida. The company is privately held. For more information, visit www.LoanResolve.com. About Wolters Kluwer Financial ServicesWolters 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®, CCH® Capital Changes, NILS INSource®, AuthenticWeb™ and CCH Wall Street. Wolters Kluwer Financial Services’ solutions include integrated and stand-alone compliance and work flow tools, documentation, analytics, authoritative information, and professional services. Customers include banks, credit unions, mortgage lenders, indirect 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 for professionals in the health, tax, accounting, corporate, financial services, legal, and regulatory sectors. Wolters Kluwer has annual revenues (2006) of €3.4 billion, employs approximately 18,450 people worldwide and maintains operations across Europe, North America, and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on the Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. For more information, visit www.wolterskluwer.com.
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Jennifer Marso Director of Corporate Communications for Wolters Kluwer Financial Services 612.852.7912 Email Jennifer Charles Miller Senior Public Relations Specialist Banking, Mortgage, and Credit Unions 320.240.5457 Email Charles Angela Peterson Senior Public Relations Specialist Securities, Insurance, and Indirect Lending 612.656.7745 Email Angela |