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Wolters Kluwer Financial Services Mortgage Disclosures Now Available Through eMagic Platform

Posted on: Monday, 14 September 2009, 09:30 CDT

MILWAUKEE, Sept. 14 /PRNewswire/ -- eMagic announced today that Wolters Kluwer Financial Services' initial home loan disclosures are now available from within the eMagic service fulfillment platform. The integration will provide eMagic's mortgage lending customers with seamless, electronic access to Wolters Kluwer Financial Services' VMP Mortgage Solutions compliance disclosures. Financial institutions have counted on these disclosures to help meet state and federal regulatory requirements for nearly four decades.

eMagic customers can add Wolters Kluwer Financial Services disclosures to the eMagic platform's Trio Folder and then deliver them securely through the eMagic Message Center. This provides an audit trail of exactly when the documents were sent as well as whenever documents are returned through Message Center. Additionally the disclosure-ordering process automatically pulls certain company information to include on the disclosures.

"Our relationship with Wolters Kluwer streamlines the process for eMagic customers," explains eMagic Director, Chad Northington. "By adding the convenience of accessing loan program and state-specific mortgage disclosure documents from within eMagic, users are able to continue their workflow without disruption."

"We're very excited about the time and cost-savings benefits Wolters Kluwer Financial Services' new alliance with eMagic brings to their customers," said Jason Marx, vice president and general manager, Mortgage, Wolters Kluwer Financial Services. "By automating and integrating the initial disclosure process into their lending work flow, eMagic customers will spend less time on compliance delivery and more time focusing on their customers needs and generating revenue."

Competitively priced, Wolters Kluwer Financial Services initial home loan disclosures are available to order through the eMagic platform immediately. To learn more call 1-800-693-7730 or contact your current MGIC Account Manager.

About eMagic.com

eMagic.com, LLC is an e-commerce subsidiary of Mortgage Guaranty Insurance Corporation (MGIC), the principal subsidiary of MGIC Investment Corporation (NYSE: MTG), which is headquartered in Milwaukee, Wis. eMagic is dedicated to bringing all of the components for originating a mortgage loan together, making the process of ordering mortgage-related products and services more efficient across all potential business channels and other parties to the loan. eMagic.com is dedicated to continuing to expand its product and service offerings to bring value and efficiency to the mortgage originator.

About Wolters Kluwer Financial Services

Wolters Kluwer Financial Services provides best-in-class compliance, content, and technology solutions and services that help financial organizations manage risk and improve efficiency and effectiveness across their enterprise. The organization's prominent brands include Bankers Systems, VMP(R) Mortgage Solutions, PCi, AppOne(R), GainsKeeper(R), Capital Changes, NILS, AuthenticWeb(TM) and Uniform Forms(TM). Wolters Kluwer Financial Services is part of Wolters Kluwer, a leading global information services and publishing company with annual revenues of (2008) euro 3.4 billion ($4.9 billion) and approximately 20,000 employees worldwide. Please visit our Web site for more information.

SOURCE eMagic.com, LLC

Source: PR Newswire

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