Wolters Kluwer Financial Services Introduces Comprehensive Suite of FHA Lending Services

MINNEAPOLIS--(Business Wire)--
To help financial institutions address the growing interest in
Federal Housing Administration (FHA) home loans, Wolters Kluwer
Financial Services has introduced a comprehensive new suite of
government lending services to create, expand and manage a profitable,
compliant FHA lending program.

FHA loans are one of the fastest growing products in today's
mortgage lending marketplace. With years of government lending
experience, Wolters Kluwer Financial Services' compliance
professionals have the knowledge, skills and tools available to help
lenders meet this increased demand.

Wolters Kluwer Financial Services' broad array of FHA services can
be customized to meet the specific needs of lenders just starting an
FHA lending program or wanting to rapidly grow an existing one. These
solutions and services include:

-- Department of Housing and Urban Development (HUD) Licensing
Support -- Guides lenders through the Lender Application
process and assists with identifying all the necessary
documentation required to obtain license approval

-- Government Lending Training -- Comprehensive training to help
lenders understand the basics of FHA mortgage lending
including origination, processing, underwriting and servicing

-- Document Package Selection Services -- Provides a list of best
practice, industry-standard documents for each phase of the
loan process (application, processing, closing and post
closing) based on the product and lending jurisdictions

-- Mortgage Documents -- Warranted origination and closing forms
available in print, through Wolters Kluwer Financial Services'
VMP(R) Mortgage Solutions E-Forms integrated into a lender's
loan origination system, or completed through the company's
Desert Document Services(R) document preparation solution

-- Integration Consulting -- Assistance with developing system
requirements and functional specifications for integration to
FHA lending applications

-- Strategic Level Compliance Assessment -- Comprehensive review
of a lender's mortgage portfolio, compliance program and
lending processes to help them proactively manage areas of
risk

-- Post Government Integration Assistance -- Independent review
of a lender's government lending program to help implement a
quality control plan, prepare its team for regulatory exams
and mortgagee reviews, and resolve inefficiencies in workflow
processes to minimize risk

"It's clear FHA lending programs present financial institutions
with an opportunity for potential revenue growth," said Jason Marx,
vice president and general manager, Wolters Kluwer Financial Services.
"By partnering with Wolters Kluwer Financial Services, they'll not
only obtain trusted industry expertise, but also the necessary
services, products, and technology tools they need to immediately get
started or expand their presence in this market."

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(R) Mortgage Solutions, PCi,
GulfPak, Desert Document Services(R), AppOne(R), GainsKeeper(R),
CCH(R) Capital Changes, NILS, AuthenticWeb(TM) and CCH(R) Wall Street.

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 EUR 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.

Wolters Kluwer Financial Services
Charles Miller, 320-240-5457
Senior Public Relations Specialist
Charles.miller@wolterskluwer.com

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