MINNEAPOLIS — Wolters Kluwer Financial Services has announced a pair of enhancements to its mortgage document services.

One is called Disclosure Manager, an automated solution that the company said allows lenders to automate the entire initial disclosure process while outsourcing production and mailing of paper-based disclosures through the company's SAS70-certified mail fulfillment center.

The other is the Wolters Kluwer Financial Services Simplified Mortgage, which the company said permits a current recordable mortgage document to be split into two content pieces. The first piece is a two-to-three-page recordable instrument that contains all information required to create a valid lien and fully comply with the recording requirements of each state. The second piece is a non-recordable supplement that outlines a loan's standard covenants between the lender and borrower.

Lenders have traditionally recorded the entire mortgage document, which typically stretches beyond a dozen pages. By only submitting the recordable instrument, lenders and borrowers may realize immediate and dramatic cost savings in those states where recordation fees are based on the number of pages recorded, the company said.

For more information, go to www.WoltersKluwerFS.com.