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LoanResolve.com works with Wolters Kluwer Financial Services.

LoanResolve.com, St. Petersburg, Florida, announced it is working with Wolters Kluwer Financial Services, Minneapolis, to implement loan-modification document solutions that ensure compliance with lender requirements.

LoanResolve offers borrowers an online tool that permits them to research

ways to resolve a delinquent or potentially delinquent loan with their lender.

Based on loan information that the borrower provides and his or her lender's available resolution options, LoanResolve assists the borrower and lender in agreeing to new terms, according to Jim McArthur, president of LoanResolve.com.

In the case of a loan modification, LoanResolve can quickly produce the needed documents to meet lender requirements through Wolters Kluwer Financial Services' Desert Document Services platform, added McArthur.

"The flexibility and compliance expertise that Wolters Kluwer Financial Services offers with their document solutions is the right fit for our business needs," said McArthur. "We work closely with both the lender and borrower in developing and executing loan-resolution programs, and lenders can quickly implement the loan-modification document requirements specific to individual clients."

Wolters Kluwer Financial Services offers lenders and servicers a standard but customizable set of loan-modification documents and packages compliant with investor requirements.

The company's change-management capabilities ensure rapid implementation of any new or updated document requirements that may stem from investors or potential regulations, explained Jason Marx, vice president and general manager, mortgage, Wolters Kluwer Financial Services.

"Wolters Kluwer Financial Services is excited to be working with LoanResolve and its clients in the loan-modification process," said Marx. "The lenders that LoanResolve works with can be confident in our ability to quickly implement loan-modification document solutions that will be compliant with their guidelines and any forthcoming regulatory requirements," he added.