Texas Bankers Association (TBA) has expanded its endorsement of Wolters Kluwer Financial Services’s regulatory compliance and risk management services to include several of the company’s mortgage compliance documentation services.
Wolters Kluwer also offers work flow services designed to manage risk and streamline transactions and helps growing market share.
Wolters Kluwer said that Texas Bankers Association endorses its mortgage compliance documentation services which include: document services platform; print forms; secure document exchange; government lending services; and StateLink.
Besides Wolters Kluwer Financial Services’s mortgage compliance documentation services, the TBA endorses the company’s PCI compliance analytics services to help its members address fair and anti-predatory lending requirements, including Home Mortgage Disclosure Act and Community Reinvestment Act obligations, added Wolters Kluwer.
Lenelle Freeman, executive vice president of TBA, said: The combination of low interest rates and new or enhanced government lending programmes presents banks with a number of new business opportunities and better ways to serve their customers. At the same time, state and federal lending regulations are likely to become even stricter. It makes perfect sense for banks to partner with a trusted compliance provider like Wolters Kluwer Financial Services to manage regulatory risk, while growing their business.