Wolters Kluwer Adds ARM Booklets

MINNEAPOLIS - Wolters Kluwer Financial Services announced the company is expanding its comprehensive suite of consumer education materials for the mortgage industry to include interest-only and payment option adjustable rate mortgage (ARM) education materials.

Processing Content

Federal regulators issued guidance urging lenders to more thoroughly educate borrowers on the total cost of ownership involved with interest-only and payment option ARMs.

Wolters Kluwer Financial Services translates that guidance into booklets that lenders can use with their customers immediately. These booklets are available in both print and multiple electronic file formats compatible with most loan origination system providers.

For info: www.wolterskluwerfs.com.


For reprint and licensing requests for this article, click here.
Lending
MORE FROM AMERICAN BANKER
Load More