Ginnie Mae Leverages eOriginal Technology for E-Note MBS mortgageorb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgageorb.com Daily Mail and Mail on Sunday newspapers.
Ginnie Mae Utilizes Wolters Kluwer eOriginal Technology for First Fully Electronic Securitization
eNotes transaction signals transformative industry turn toward digitization Wolters Kluwer Compliance Solutions newly acquired eOriginal technology platform is helping support a major U.S. government institution s efforts to adopt digital technologies as part of its broader modernization initiative.
Ginnie Mae, an eOriginal client, recently announced a key milestone in its digital journey by guaranteeing securitization of mortgage-backed securities (MBS) for the first time exclusively through the use of eNotes technology, utilizing the eOriginal platform. The MBS were part of the January issuance cycle and backed by digital pools comprised exclusively of eNotes that closed in December 2020, totaling approximately $24 million in aggregate principal value. By accepting eNotes as valid collateral for loan products issued by the Federal Housing Administration, Veterans Administrati
Israel Discount Bank selects Wolters Kluwer s compliant e-forms package finextra.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finextra.com Daily Mail and Mail on Sunday newspapers.
Press release content from Business Wire. The AP news staff was not involved in its creation.
Israel Discount Bank Selects Wolters Kluwer’s Compliant E-Forms Package
February 19, 2021 GMT
MINNEAPOLIS (BUSINESS WIRE) Feb 19, 2021
Israel Discount Bank of New York (IDB Bank) has selected Wolters Kluwer Compliance Solutions’ Deposit E-Forms Module (DEMx) Expansion Pack to help streamline and enhance the management of its document disclosure practices.
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Providing disclosures is a required and critical function of U.S. banks and credit unions as part of the account opening and servicing process. The Wolters Kluwer DEMx offering allows financial organizations to streamline their documentation processes, help ensure compliance with all regulatory requirements, maximize internal resources, and reduce turnaround times.
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Wolters Kluwer’s Compliance Solutions business has officially launched its enhanced Paycheck Protection Program (PPP) Supported by TSoftPlus™ software to help lenders and borrowers expedite PPP loan applications via the Small Business Administration (SBA). Wolters Kluwer recently upgraded its TSoftPlus software in anticipation of new PPP stimulus funding that was approved on December 27, 2020, as part of the Consolidated Appropriations Act, 2021 (H.R.133).
As part of its efforts to share its PPP expertise, Wolters Kluwer will also host an informational webinar, “SBA Requirements for Round 3 of Paycheck Protection Program Supported by TSoftPlus,” 2-3 p.m. EST on Thursday, January 14, to present an overview of the SBA rules implementing the recent law amending the PPP loan program. Presenters will examine how the enhanced TSoftPlus technology can help main street lenders assist small businesses in