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Managed ComplianceIn today’s environment you must have a zero tolerance approach to compliance risk. Secondary market audits are focused to detect the slightest compliance discrepancy and the consequences can be very costly in both dollars and reputation. Desert Document Services uses best practices methodologies that delivers compliant initial disclosures and closing document packages through effective technology. Backed by Wolters Kluwer Financial Services, the industry leader in compliance solutions with over 70 attorneys dedicated to monitor regulatory changes, Desert Document Services brings decades of experience in providing compliance content, rules, and loan product content management solutions to the mortgage industry. With regulatory changes occurring on a daily basis, our in-depth mortgage compliance knowledge coupled with our fully integrated and systematically enforced change management process ensures that those changes are correctly implemented. This process automatically cascades changes to identify all forms that are impacted and provides seamless version control of rules, forms and packages. Consistently Delivering the Correct Document PackageOur calculator engine and multi-layered rules engine are capable of collecting data from multiple sources for each set of documents and then applying our fully customizable reusable business rules in real time to determine how to display that data within a specific set of documents (i.e. a loan package) based on the unique transaction variables associated with each loan. We have developed more than 3,000 reusable business rules that enforce compliance on a federal, state, and local level. Our workflow processes ensure accurate and efficient loan transaction execution. Strongest Reps and Warrants in the IndustryDesert Document Services is backed by Wolters Kluwer Financial Services comprehensive Reps and Warrants. Our Reps and Warrants cover:
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