As need for borrower verifications increase, partnerships with Ellie Mae, Integra, LPS Empower, NetOxygen, Real EC, SSMHub and Valutrust place fast, efficient fraud prevention tools in the hands of more originators
IRVINE, Calif., Aug. 5, 2013 /PRNewswire/ — Veri-Tax, LLC, the leading provider of verification and fraud management products, has recently integrated IRS income verification Form 4506-T and social security number verifications with three of the industry’s leading mortgage technology solutions, namely Ellie Mae® Encompass360®, INTEGRA Software Systems’ Destiny/Epic and Valutrust Solutions, a Williston Financial Group company.
The company also announced upcoming integrations with SSMHub, LPS Empower®, Real EC and Wipro Gallagher Solutions’ NetOxygen, which are targeted for release before the end of this year. When complete, these integrations allow originators to order income, identity, and employment verification products from within their preferred mortgage management or services platform, thus reducing manual data entry and expediting the loan verification process.
“As a result of new mortgage rules coming from the Consumer Financial Protection Bureau and other state and federal agencies, income and identity verifications have become a critical part of the mortgage transaction,” said Maria Kirgan, senior director of product management at Veri-Tax. “Veri-Tax, the leader in mortgage verification services, has focused on providing our existing and new customers with seamless access to our electronic tools, which empowers lenders to easily meet both their regulatory compliance needs, as well as the needs of investors. These integrations show Veri-Tax’s commitment to simplifying our customers’ ordering experience by providing access to our solutions from within their platform of choice.”
The new integrations are in addition to Veri-Tax’s current partners, which include Calyx Point® and MeridianLink. All Veri-Tax integrations allow customers to receive the same level of excellent service through Veri-Tax, whether utilizing their chosen mortgage processing software of choice or utilizing Veri-Tax’s own secure online web portal.
INTEGRA President, Jerry Pratt stated, “In an effort to constantly add value for our clients nationwide, we are pleased to partner with Veri-Tax. INTEGRA’s seamless integration with Veri-Tax provides consumer verification without ever having to leave the system. The intuitive and easy approach ensures efficient and accurate delivery of information to better meet the demands of the lender.”
About Veri-Tax, LLC
Founded in 1998, Veri-Tax, LLC provides a full array of verification and fraud management products to the mortgage lending and consumer credit industries, helping financial institutions more quickly and securely verify borrower income and identity. Veri-Tax, along with its subsidiary, Verification Bureau, provide income verification, identify (SSN) verification, bankruptcy reports, flood zone determination reports, mortgage fraud reports and employment verification services. The company is based in Irvine, California. For more information, call 1-800-969-5100 or visit www.Veri-Tax.com.