Wolters Kluwer Launches Loss Mitigation Resource Center

Published: 30-Jun-2009

To help institutions gain understanding of foreclosure relief plans and build compliant loan modification programs

Wolters Kluwer Financial Services (Wolters Kluwer) has launched Loss Mitigation Resource Center. It is intended to serve as a gateway for investors, lenders and servicers to access detailed information. The company said that the online portal would help them build and facilitate loss mitigation programs.

By using Loss Mitigation Resource Center, lenders and service providers can gain understanding of the government’s foreclosure relief plans and learn how to create loan modification programs, specific to the needs of borrowers. The online portal’s content includes free access to numerous articles, videos and web links that lead to additional sources of information on government and regulator web sites.

Jason Marx, Vice President and General Manager, Mortgage, Wolters Kluwer, said: “Our Loss Mitigation Resource Center provides them with the information and solutions they need to quickly analyze and develop a compliant loss mitigation strategy and efficiently manage rising loan modification volumes.”

Wolters Kluwer provides content, compliance, technology, and services to banking, indirect lending, insurance, mortgage, and securities organizations in the US.

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