Wolters Kluwer Extends Digital Lending Momentum by Enabling Liquidity Access for Commercial Assets
WOLTERS KLUWER S/ADR (WTKWY)
NASDAQ:AMEX Investor Relations:
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Source: Business Wire
eOriginal® platform capabilities now support Federal Home Loan Bank of Des Moines acceptance of digital CRE, Ag, MF, and HELOC collateral NEW YORK--(BUSINESS WIRE)--Building on its recent expansion of secured party access and digital collateral visibility, Wolters Kluwer Financial & Corporate Compliance today announced support and coordination with the Federal Home Loan Bank of Des Moines (FHLB Des Moines) following its decision to accept digital Commercial Real Estate (CRE), Ag Real Estate, multifamily, HELOC, and other electronic assets as pledged collateral.This collaboration enables member banks and credit unions to digitally originate and pledge asset types that historically required paper execution to access federal liquidity channels. By leveraging the capabilities of the eOriginal® eAsset® Management Platform, lenders can now extend digital workflows across asset classes that previously lacked compliant, enforceable infrastructure for use in the secondary market.“The shift
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