Industry News

European conglomerate buys Entyre

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Wolters Kluwer Corporate & Financial Services, a division of Amsterdam-based Wolters Kluwer nv, on Tuesday announced the acquisition of Entyre, a provider of Web-based compliance solutions to the mortgage lending industry. Ann Arbor, Mich.-based Entyre, which provides its loan closing document services to more than 350 mortgage lenders nationwide, has approximately 20 employees in its Ann Arbor office. Terms of the purchase agreement were not released. Brokers, bankers, and correspondent lenders have looked to Entyre for assistance with document preparation since 1987. Recently, Entyre responded to the market's need for an efficient data and document management and delivery software platform by introducing its eMortgage-X4 solution. EMortgage-X4 allows for intelligent rules setting, comprehensive compliance testing, and a means for electronic collaboration and communication between and among the numerous stakeholders in the mortgage origination and closing process. The Ent...