Wolters Kluwer Financial Services and Avista Solutions have integrated Wolters Kluwer's Expere Integrated Enterprise (Expere IE) solution with the Avista Agile loan origination system, to help lenders streamline documentation.

With the integration of solutions, Avista Agile users will have automatic and seamless, electronic access to Wolters Kluwer Financial Services’ VMP mortgage solutions compliance documents and disclosures through Expere IE.

Working with the Avista Agile system, Expere IE will utilize its compliance knowledge base to help lenders create documents on demand. Each is specific to the mortgage transaction and jurisdiction in which it takes place, as well as lenders’ individual business rules and policies.

Wolters Kluwer Financial Services will update the Expere IE knowledge base to incorporate new regulatory changes as they occur, and Avista will incorporate these updates to its system to ensure documents remain compliant and consistent.

Through Wolters Kluwer Financial Services’ Secure Document Exchange (SDX) service, Expere IE can also electronically deliver document packages on behalf of Avista’s lenders to their borrowers who can offer electronic approval. If a borrower chooses not to consent electronically, or if paper documents are required, they can be printed and mailed to borrowers via Wolters Kluwer Financial Services’ fulfillment center.

Mark Phlieger, CEO of Avista Solutions, said: “By partnering with Wolters Kluwer Financial Services and its Expere IE solution, we’re helping Avista Agile users minimize regulatory compliance risks while lowering their origination costs through a faster, more streamlined documentation process. We’re also helping to enhance their borrowers’ lending experience by getting them to the closing table and into new homes more quickly.”

Jason Marx, vice president and general manager of mortgage at Wolters Kluwer Financial Services, said: “Expere IE combines enabling technology and compliance expertise to ensure consistent, compliant documentation can be seamlessly generated from within the Agile system. Our new alliance with Avista will allow us to help even more institutions successfully and compliantly grow their lending businesses.”