Wolters Kluwer

2015 Regulatory & Risk Management Indicator
2015 Regulatory & Risk Management Indicator

The new Home Mortgage Disclosure Act (HMDA) data collection rules have been finalized, and U.S. lenders face yet another significant challenge. Wolters Kluwer's annual “Regulatory & Risk Management Indicator” survey of banks highlights some of lender’s greatest concerns regarding the new HMDA rules. 


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Partner Contact: Matt Haupert

Why Wolters Kluwer2016 innovation award winner seal partners

Whether complying with regulatory requirements or managing financial transactions, addressing a single key risk, or working toward a holistic enterprise risk management strategy, Wolters Kluwer works with credit unions to help them successfully navigate regulatory complexity, optimize risk and financial performance, and manage data to support critical decisions. Wolters Kluwer provides risk management, compliance, finance and audit solutions that help credit unions improve efficiency and effectiveness across their enterprise.

    Solutions

    Deposit Origination

    Address critical needs throughout the deposit workflow. From front-end policy development and training through back-end monitoring and reporting, our solutions are designed to help you comply with regulatory requirements and limit business risks as efficiently as possible when opening and maintaining deposit and tax-advantaged accounts.

    Products Include:

    ComplianceOne Deposit - an origination and workflow solutions that makes managing compliance with loan transactions faster and more efficient, and connects the major areas of your business to your core processor through one, easy-to-manage user interface.

    Deposit Compliance Documents - Consumer and commercial customers have unique needs and require different kinds of products and services. From account agreements and disclosures to Certificates of Deposit and operational forms like deposit authorizations, Wolters Kluwer provides a full array of documents to help manage and grow your deposit account business.

    Lending Origination

      Originate loan transactions quickly, accurately and in compliance with federal and state regulations. Our industry-leading documentation, workflow, and credit risk solutions support more loan types than any other provider, including consumer, commercial, residential real estate, agricultural, home equity, indirect and Small Business Administration loans.

      Products Include:

      ComplianceOne Lending - an origination and workflow solutions that makes managing compliance with loan transactions faster and more efficient, and connects the major areas of your business to your core processor through one, easy-to-manage user interface.Download Brochure

      CASH Suite – a comprehensive solution that enables your institution to efficiently and effectively manage opportunities at every step of the commercial loan process. The integrated solution streamlines tasks like business development, financial analysis, risk management, pricing, automated credit memo preparation, covenant tracking, portfolio management, stress testing and in depth reporting. CASH Suite drives increased efficiencies and greater accuracy as it reduces operational risk and enhances profitability. Download Brochure

      TSoftPlus - From origination through funding, TSoftPlus combines flexible browser-based tools and integrated time-saving features to improve the entire SBA lending process. It’s designed to support multiple SBA loan types and manage a wider variety of requirements with additional features to help you efficiently process SBA loans.Download Brochure

      Lending Compliance Documents - Our lending line of paper documents can help facilitate your consumer and commercial lending process at all stages, including application, processing, closing, and post-closing. Whether you use them for marketing your products and services, image enhancement, customer convenience, or as a supplement or backup to an electronic process, paper solutions play an integral role.

      If interested in learning more about any of these products and services, contact Wolters Kluwer.

      NAFCU Member-only Benefits

      All NAFCU members receive 1st year license fee discounts of 10% on consumer and member business lending and deposit electronic solutions and 5% on consumer and member business paper lending and deposit documents.

        Educational Resources

        •  NCUA’s MBL Change: The Importance of Credit Analysis (Webinar)

          In this webcast, NAFCU, Wolters Kluwer, and Northwest Community Credit Union will share details on NCUA’s recent MBL changes and its implications for credit unions involved in commercial lending, including what to look for in a credit analysis solution, how software can help, and a credit union’s perspective on why credit analysis is important.

        •  Wolters Kluwer Credit Union Update (April 2015)

          For TILA-RESPA changes, our experts have identified over 400 regulatory citation changes that impact credit unions’ documents, processes, policies and procedures in order to meet requirements (see TILA RESPA Resource Center). Our proactive approach not only helps ensure that credit unions will be in compliance, but are positioned to make the right decisions with confidence so they can focus on growing their businesses safely and profitably. 

        •  Wolters Kluwer Credit Union Update (May 2014)
          In this month's update, you will find TILA/RESPA Integrated Disclosure Rule Implementation Challenges, Peer-to-Peer Lending…What Financial Institutions Can Learn, Distributions: Federal Income Tax Withholding…Notification and Election, Remittance and Reporting, and Penalties, The Regulation Z “Filing Fees” Disclosure.
        •  Wolters Kluwer Credit Union Update (April 2014)
          In this month's update, you will find A Refresher on the Servicemembers’ Civil Relief Act…And Changes Expected Down the Road; Flood Insurance Availability Act; Wolters Kluwer Financial Services User Summit, September 15–17, Orlando, FL; How Healthy are your Flood Files; Qualified Mortgage/Ability to Repay Compliance; IRA Spring and Summer Live Streaming Seminar Tour.
        •  Wolters Kluwer Credit Union Update (March 2014)
          In this recorded webinar, Wolters Kluwer Financial Services attorneys work through the compliance calendar highlighting the status of current proposed and final regulations with information about compliance changes and mandatory effective dates.
        •  Wolters Kluwer Credit Union Update (February 2014)
          What’s on the Horizon in Compliance? In this recorded webinar, Wolters Kluwer Financial Services attorneys work through the compliance calendar highlighting the status of current proposed and final regulations with information about compliance changes and mandatory effective dates.
        •  What’s in store for 2014? Wolters Kluwer Financial Services Looks Ahead (Blog Post)

          For a look at what lies ahead in 2014 for credit unions, we turned to the Preferred Partner experts. Here is what Lisa Fraga, VP and GM of Banking Solutions, Wolters Kluwer Financial Services had to say.
        •  Wolters Kluwer Credit Union Update (October 2013)

          Inside this issue: What’s On the Horizon in Compliance? – Our Quarterly Look Ahead; What Lenders Need to Know About Qualified Mortgage/Ability to Repay and Qualified Residential Mortgage; Changes to Servicing Documents under TILA/Reg Z; An Introduction to Loss Mitigation; When An IRA Owner Passes Away - What’s Next? : QM/ATR Tool Kit.

        •  Wolters Kluwer Credit Union Newsletter - July 2013

          Inside this issue: Compliance tips and checklists for credit unions, including Managing Compliance in an Increasingly Competitve Market Articles, Ability to Repay/QM Update, and Fair Lending Checklist for Lenders

        •  Wolters Kluwer Credit Union May 2013 Newsletter
          Stay informed on the latest changes with a few free resources. Learn about Wolters Kluwer's regulatory update webinar and mortgage compliance resources in this newsletter. Sign up for this monthly newsletter as well.
        •  Wolters Kluwer Credit Union January 2013 Newsletter
          Credit unions, in this newsletter, learn about all the content Wolters Kluwer developed in 2012 including recorded webinars, whitepapers, and case studies. Topics covered include: compliance management, charting the federal legislative and regulatory course, CFPB impact, and more.
        •  Wolters Kluwer Credit Union October 2012 Newsletter
          Credit unions, in this newsletter, learn about upcoming webinars from Wolters Kluwer, read articles from Wolters Kluwer, and browse case studies.

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        Contact

        Matt Haupert
        Senior Marketing Manager
        http://www.WoltersKluwerFS.com