Tag: mortgage verification of assets
Floify Direct integration with Truv enables lenders to support an enhanced borrower application-verification experience at lower cost-point per loan
eNewsChannels NEWS: -- Floify, the mortgage industry's leading point-of-sale (POS) solution, today announced an integration with Truv, a consumer-permissioned data platform. The integration enables borrowers to electronically verify their income and employment as they apply for a mortgage loan.
FormFree AccountChek digital asset verification joins forces with Freddie Mac for automated assessment of direct deposit income
eNewsChannels NEWS: -- FormFree® today announced that its AccountChek® digital asset verification service will support a first-of-its-kind solution from Freddie Mac that allows mortgage lenders to assess a prospective homebuyer's income using direct deposit data. Available to mortgage lenders nationwide, Freddie Mac's Loan Product Advisor® (LPASM) asset and income modeler (AIM) solution fulfills mortgage verification of assets (VOA) and verification of income (VOI) requirements.