The Washington, D.C.-based Independent Community Bankers of America (ICBA) is expanding its Preferred Service Provider relationship with Wolters Kluwer Financial Services (Minneapolis) to offer ICBA members access to the company's mortgage lending solutions.
"With far less competition than a year ago and increased customer demand, community banks will be well-positioned to pursue what will likely be the most aggressive expansion of their mortgage business in more than a decade," said Dan Clancy, ICBA senior vice president of services. "However, these banks should be mindful of the critical compliance and operational risks that accompany such growth. By teaming up with Wolters Kluwer Financial Services, ICBA members are given the ability to thoroughly manage this risk while building more profitable home loan portfolios."
Under the terms of an expanded Preferred Service Provider relationship, Wolters Kluwer Financial Services will provide ICBA member banks with access to Wolters Kluwer Financial Services solutions that include Document Services Platform; Paper documents, Secure Document Exchange, Government Lending Services and StateLink. In addition, Wolters Kluwer Financial Services also offers ICBA members access to the company's PCi compliance analytics solutions to help them address fair and anti-predatory lending requirements, including Home Mortgage Disclosure Act (HMDA) and Community Reinvestment Act (CRA) obligations.
Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio