Wolters Kluwers Acquires Mortgage Document Software Program

MINNEAPOLIS – Wolters Kluwers Financial Services announced Friday it has acquired Desert Document Services, Inc., a Tempe, Ariz., provider of automated document preparation solutions for the mortgage business. The company’s SMART Tools are the core of a technology system that includes dynamic content management and tools to develop, edit, organize and manage investor forms libraries. Financial terms of the deal were not disclosed. Wolters Kluwers was formerly known as Bankers Systems.

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