Wiz Sentinel | Wolters Kluwer
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Integrate regulatory compliance right into your loan approval process

  • Stricter lending regulations demand that compliance be built into your approval process from the outset. Post-closing sampling is just not enough to protect your institution. Compliance checks must be made throughout the loan life cycle to make sure that every loan meets all federal, state and local lending laws.

    Wiz Sentinel™ is a web-based solution from Wolters Kluwer that analyzes loans, either in real time at the point of sale or in batch for post-closing audit, to determine potential violations of prohibited lending practices. It compares user-entered loan parameters with your loan program information, HUD fees, and federal, state and municipal compliance regulations.

    Wiz Sentinel lets you:
    • Manage your portfolio for predatory lending and ratings agencies, flag loans for profit and protection, and validate loan policies, fees and APR calculation.
    • Screen entire portfolios of loans for predatory lending compliance, and view management summary reports that display aggregate results. These screening capabilities also help you pass Wall Street rating agency compliance reviews.
    • Ensure your protection by flagging high-cost loans before you close or acquire them on the secondary market.
    • Increase the quality of your loan portfolio by identifying problems before loans are closed or acquired in the secondary market.
    • Seamlessly integrate into your LOS system or delivered with a browser interface.
    • Outsource all or any part of your anti-predatory lending compliance program to us. We have the expertise and resources to provide program monitoring, loan portfolio analysis, regulatory reports and training.
    Wiz Sentinel modules
    • Federal (HOEPA status), state and local high cost tests
    • Truth-In-Lending (TIL) validation
    • APR calculation
    • Tangible net benefit assessment
    • Configurable investor test
    • Texas cash-out 3% limit validation
    • State usury laws/State legislation module