Wolters Kluwer’s new iLien ResiFixture™ gains traction in protecting interests for residential fixture collateral
WOLTERS KLUWER S/ADR (WTKWY)
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Source: Business Wire
First-to-market, one-step process automates and simplifies fixture-related filings MINNEAPOLIS--(BUSINESS WIRE)--Wolters Kluwer Compliance Solutions’ introduction of iLien ResiFixture™ is playing a critical step in helping lenders safeguard their interests for loans associated with fixtures physically attached to a residential property.“iLien ResiFixture provides residential lenders a simpler path to securing their fixture-related assets,” notes Vikram Savkar, Executive Vice President and General Manager, Wolters Kluwer Compliance Solutions. “Importantly, it represents the latest innovation by Wolters Kluwer in transforming the lending space through enhanced technology and automated processes.”Collateral such as solar panels, HVAC equipment, pools and spas, and other items not easily removable from a property fall under the category of assets protected under this newly launched solution.When it comes to securing fixture-related interests, lenders face numerous obstacles to achievin
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