Wolters Kluwer Financial Services Offers Cost Savings on Mortgage Disclosure and Education

Save up to 35 percent while educating borrowers AND meeting regulatory disclosure requirements

By October 1, 2007, financial institutions are required to provide consumers with an updated Consumer Handbook on Adjustable Rate Mortgages (CHARM). This disclosure was significantly changed to include information on nontraditional mortgages to align with the Federal Guidance issued in October 2006. It now includes illustrative examples of payment-option and interest-only ARMs to help consumers make more informed loan decisions. The revised CHARM is available from Wolters Kluwer Financial Services.

Consumer education around nontraditional mortgages is important early in the loan shopping process. Our educational booklets—A Guide to Payment Option ARMs and A Guide to Interest-Only ARMs—provide comprehensive information about loan features and terms in easy-to-understand language. Both are available in English and Spanish.

Save 30 Percent on CHARM and HUD

• Consumers Handbook on Adjustable Rate Mortgages (CHARM)*—Meet Reg Z requirements, deliver this booklet at the time of application for an adjustable rate mortgage.



• Buying Your Home: Settlement Costs and Helpful Information*—Real Estate Settlement Procedures Act (RESPA) required booklet to be given within 3 business days of application.

Save an Additional 5 Percent

• Purchase either of the consumer education guides, Guide to Payment Option ARMs* or Guide to Interest-Only ARMs*, and receive an additional 5 percent off the purchase of the CHARM and/or HUD booklets providing savings of up to 35 percent.

*Minimum quantity of 100 required and all are available in Spanish

Recommended Action Steps

• For more information or to place an order, please contact a Customer Support Representative at 800.552.9410. 
  
  
• Review samples of booklets available from Wolters Kluwer Financial Services.
  
  
• Review product descriptions of the nontraditional disclosure and mortgage education products available.