ST. LOUIS--(BUSINESS WIRE)--DataVerify®, a leading provider of risk mitigation and verification services, is pleased to announce they are an Authorized Report Supplier of eligible verification reports for Day 1 Certainty™ from Fannie Mae.
Day 1 Certainty from Fannie Mae, announced in October 2016, provides Fannie Mae customers with freedom from representations and warranties on key aspects of the mortgage origination process. Lenders using Desktop Underwriter® (DU®) from Fannie Mae, now have access to DataVerify’s 4506-T IRS Tax Transcript Verification services through DataVerify Validation Services™.
“Being an Authorized Report Supplier for Day 1 Certainty from Fannie Mae allows DataVerify to continue providing lenders a single platform for consistent and efficient lending decisions backed by the protections of Day 1 Certainty from Fannie Mae,” said Kent S. Johnson, President, DataVerify.
4506-T IRS Tax Transcript Verification services from DataVerify feature the convenience of e-signature backed by the power of DataVerify’s revolutionary platform. The platform evolves dynamically through the origination process, providing lenders comprehensive data aggregation with user simplicity. The result is a highly efficient workflow with consistent results.
“DataVerify is proud to be part of this industry-changing program, with the integration of DataVerify Validation Services,” said Brad Bogel, Senior Vice President of DataVerify. “Having a direct integration to Day 1 Certainty from Fannie Mae services ensures our customers a secure and efficient method for evaluating and delivering 4506-T IRS tax transcript information.”
DataVerify is the premier provider of risk mitigation, data validation, and decision management solutions for the mortgage industry. DataVerify harnesses advanced analytics and technology to create automated and configurable workflow and decision management solutions. Our highly responsive platform empowers lenders to make precise and consistent business decisions through an engine that identifies and measures hidden threats such as data integrity errors and misrepresentations, identity theft, and property and application risk. Engineered to offer optimal flexibility, the DataVerify platform (which incorporates 4506T, SSA, and employment and income verification) allows lenders to manage risks according to their institution’s tolerance level.
For more information about DataVerify, please call 866-895-3282 or access the company's web site at www.dataverify.com.
*Day 1 Certainty and Desktop Underwriter are trademarks of Fannie Mae