CoreLogic’s Verification of Employment and Income (VOE/I) solutions are now integrated with Ellie Mae’s Encompass loan origination system.
That means mortgage lenders using Ellie Mae’s platform can now receive both automated and manual borrower employment and income verifications directly from Encompass.
Additionally, because the CoreLogic VOE/I solution – part of the AutomatIQ Borrower suite of digital mortgage solutions – is also integrated with Fannie Mae’s Desktop Underwriter validation service, it delivers Day 1 Certainty and instant representations and warranties relief for all eligible borrower employment and income verifications.
The combined solution enables lenders to re-verify borrower employment via email, pay stub or bank statement in accordance with new Fannie Mae guidelines.
CoreLogic says its VOE/I solution leverages an enhanced “waterfall workflow” that features a three-step process that ensures borrower employment and income is verified as efficiently as possible.
