Credit Insurance Summaries Offered
MINNEAPOLIS-Wolters Kluwer Financial Services said its "CompliSource" product now includes credit insurance summaries, which help creditors determine whether the auto, consumer goods and marine dealerships they do business with have complied with the laws regulating credit insurance products sold and financed in indirect lending transactions. CompliSource is comprised of modules containing comprehensive information about the current laws and pending legislation related to specific areas of mortgage lending, consumer direct lending and indirect consumer finance.
For info: www.complisource.com or www.wolterskluwerfs.com
Strunk Offers Special Terms
HOUSTON-In response to the troubles affecting financial institutions, Strunk & Associates is offering an incentive for new customers: monthly charges for the company's discretionary Overdraft Privilege Service will not begin until 2010.
The company said its special contract terms will allow new clients the opportunity to optimize their income potential throughout the remainder of 2009.
For info: www.strunklp.com
CU Resources, JMFA Team Up
DALLAS-Credit Union Resources, Inc., an affiliated company of the Texas CU League, has renewed an agreement with John M. Floyd & Associates of Baytown, Texas, to be TCUL's preferred supplier for overdraft services.
For info: www.curesources.coop
DigitalMailer Offers Free Webinars
HERNDON, Va.-DigitalMailer said it is helping credit unions prepare for hurricane season by offering free webinars on incorporating online communications into their contingency plans. The webinars highlight lessons the company has learned from helping CUs launch crisis plans, as well as best practices that incorporate all types of digital communications.
For info: www.digitalmailer.com/webinar.html
Mortgage Transparency Improved
RESTON, Va.-MERSCORP has unveiled a program it says will inform borrowers of changes to the owner of their loan, bringing greater transparency and accountability to the mortgage lending process as called for by The Helping Families Save Their Homes Act of 2009. MERS has a repository of information on more than 60 million loans registered by lenders on its system. The company said its new program will inform borrowers of future changes to the investor and automatically inform the borrower of loan ownership changes.
For info: www.mersinc.org
