Wolters Kluwer Financial Services Launches Loss Mitigation Resource Center for Mortgage Investors, Lenders and Servicers

Comprehensive Online Portal to Help Institutions Gain In-Depth Understanding of
Foreclosure Relief Plans and Build Compliant Loan Modification Programs
MINNEAPOLIS--(Business Wire)--
To help U.S. mortgage investors and servicers halt a skyrocketing number of
foreclosures, Wolters Kluwer Financial Services has launched the company`s Loss
Mitigation Resource Center. The comprehensive online portal serves as a gateway
for investors, lenders and servicers to access detailed information that can
help them build and strengthen their loss mitigation programs.

In May, the Mortgage Bankers Association reported that a record 12 percent of
U.S. homeowners with a home loan fell behind on their payments in the first
quarter of 2009. In response to this growing crisis, banking regulators have
encouraged servicers to modify loans for troubled borrowers whenever possible.
The federal government has responded as well with the Making Home Affordable and
HOPE for Homeowners (H4H) programs that offer institutions financial incentives
for modifying loans based on a borrower`s ability to repay.

By visiting Wolters Kluwer Financial Services` Loss Mitigation Resource Center
at www.WoltersKluwerFS.com/LossMit, lenders and servicers can gain an in-depth
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.

Wolters Kluwer Financial Services has also made its suite of loss mitigation
solutions available separately through the Resource Center. These can help
lenders and servicers begin modifying loans quickly. The suite includes
settlement services, a complete library of compliance documents, disclosures,
and consumer education materials as well as an automated document preparation
and secure electronic delivery solution and outsourced business processing
services.

"Aggregating and deciphering the complex and changing requirements behind the
government`s foreclosure relief programs typically calls for more resources than
the majority of lenders and servicers have available," said Jason Marx, vice
president and general manager, Mortgage, for Wolters Kluwer Financial Services.
"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."

For more information on the Making Home Affordable and H4H programs and
modifying loans, please visit Wolters Kluwer Financial Services` Loss Mitigation
Resource Center at www.WoltersKluwerFS.com/LossMit.

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 Mortgage Solutions,
PCi, AppOne, GainsKeeper, Capital Changes, NILS, AuthenticWeb and Uniform Forms.
Wolters Kluwer Financial Services is part of Wolters Kluwer, a leading global
information services and publishing company with annual revenues of (2008) €3.4
billion ($4.9 billion) and approximately 20,000 employees worldwide. Please
visit our Web site for more information.

Wolters Kluwer Financial Services
Jennifer Marso, 612-852-7912
Director of Corporate Communications
Jennifer.marso@wolterskluwer.com
On Twitter: @JenniferMarso
or
Charles Miller, 320-240-5457
Senior Public Relations Specialist
Charles.miller@wolterskluwer.com
On Twitter: @CharlesWMiller

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