Wolters Kluwer Financial Services
 About Desert Document Services    I   Contact Us



High Cost Loans

Desert Document Services is the industry-recognized expert in providing accurate and compliant initial disclosures and closing documents. To provide our customers with the same level of expertise with anti-predatory lending and other compliance regulations on the federal, state, and local levels, Desert Document Services partners with industry experts to ensure 100% compliance.

Our BrokerDocs® application has an interface with Interthinx® High Cost Loan FilterSM (HCL). Other closing document providers may offer a home-grown anti-predatory lending test with questionable accuracy and limited support capabilities. Our partnership with Interthinx, a provider of automated regulatory compliance and risk mitigation solutions to over 1400 companies nationwide, provides our customers with direct compliance support from industry experts.

Interthinx High Cost Loan Filter Highlights

  • Full federal, state, and local anti-predatory lending annual percentage rate (APR) and points/fees calculations and analyses, including details such as bona fide discount point exclusions and proper yield spread treatment by state
  • Federal National Mortgage Association (FNMA) 5% points/fees test
  • APR calculation performed in accordance with Appendix J to Reg Z
  • Finance charge reimbursement calculator
  • Rescission period analysis
  • Home Mortgage Disclosure Act (HMDA) rate spread calculation
  • Full resource library containing anti-predatory lending laws and regulations for every jurisdiction
  • Easy-to-read work sheets with analysis details that are clearly explained, and industry-exclusive Points and Fees DrilldownsSM that take out the guesswork
  • Direct access to fully-staffed compliance department to provide expert assistance when you need it the most

Call 1.800.726.9898, Ext. 1 to Discuss your Regulatory Compliance Analysis Needs!

Custom Integrations

If you have custom requirements, Desert Document Services also partners with industry experts Interthinx, Mavent®, and PCi to provide custom capabilities to meet your specific business needs.