Wipro Ltd.

Wipro Gallagher Solutions (WGS), a Wipro company and a leading end-to-end provider of lending technology products and services, has released its enhanced Home Mortgage Disclosure Act (HMDA) functionality in NetOxygen, which helps lenders comply with current and new collection and reporting requirements, prescribed by the Consumer Financial Protection Bureau (CFPB) under the HMDA Act taking effect from January 1, 2018.

WGS enables its customers to achieve full compliance with regulations by automating the completion of their Loan Application Register (LAR), based on data collected throughout the loan lifecycle. Wipro Gallagher Solutions' NetOxygen HMDA module helps lenders ensure data integrity by automatically validating all necessary demographic information prior to CFPB submission.

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