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
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Israel Discount Bank selects Wolters Kluwer s compliant e-forms package
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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.