Argyle, which offers automated income and employment verifications, is now integrated with the Exchange, a network of mortgage-specific service providers available to customers of the Empower loan origination system (LOS) from Dark Matter Technologies.
This collaboration simplifies the income and employment verification process for lenders, further amplifying the cost and time-saving benefits of digital borrower verification.
The native integration makes it easy for lenders to order Argyle’s verification of income (VOI) and verification of employment (VOE) reports through the Empower LOS. Lenders have the flexibility to configure where VOI and VOE report ordering occurs in the loan origination workflow to support their manufacturing process and desired borrower experience. When borrowers connect through Argyle, direct-source data, reports and associated documentation are made available in Empower and refreshed throughout the loan cycle.
In October, Argyle announced its status as an authorized income and employment report supplier for Fannie Mae’s Desktop Underwriter (DU) validation service. The Empower system’s integrations with both Argyle and DU enable lenders to benefit from greater purchase certainty on expedited timelines.
“We are extremely excited to bring Argyle’s enhanced verification of income and employment capabilities to the Empower system. Together, we’ve built an ideal integration that vastly improves the home financing process,” says Shmulik Fishman, CEO of Argyle, in a release. “We are passionate about providing a best-case experience to as many customers and consumers as possible, and our partnership with Dark Matter Technologies does just that.”