WKFS Updates Document Platform with Preforeclosure Files

Wolters Kluwer Financial Services announced today that its DocOne Internet-based document library now offers mortgage servicers on-demand access to the company’s residential mortgage preforeclosure compliance content.

Processing Content

Using DocOne’s user interface, servicers can select and complete the documents they need to help build a case file that complies with state and federal regulations before foreclosing upon a property. These include breach notices, notices of default, notices of intent to foreclose and state-specific preforeclosure notices.

Minneapolis-based Wolters Kluwer hosts the platform, which also enables servicers to outsource printing and mailing.

“With many servicers currently managing their pre-foreclosure content templates on network drives, DocOne helps reduce version and access control risks associated with that practice,” Art Tyszka, Wolters Kluwer’s director of default servicing, said in a press release.

“With DocOne, servicers can be confident their default servicing specialists can consistently access the compliant documents they need in the preforeclosure process.”


For reprint and licensing requests for this article, click here.
Servicing Mortgage technology
MORE FROM NATIONAL MORTGAGE NEWS
Load More