CoreLogic reports that it has fully integrated its verification of employment and income solutions with Fannie Mae’s Desktop Underwriter (DU) validation service.
Fannie Mae’s DU validation service is an integral part of its Day 1 Certainty program, which offers rep and warranty relief for mortgage lenders using the company’s desktop underwriting solutions.
Through this integration, mortgage lenders can receive both automated and manual borrower employment and income verifications from CoreLogic as part of the DU validation service, so they can get Day 1 Certainty from Fannie Mae, providing lenders with automated access and rapid representations and warranties relief for validated loan components.
The integration strengthens CoreLogic’s capabilities in providing complete credit, income and borrower verification solutions while establishing a broader path to growth in the digital mortgage space.
With Fannie Mae’s approval, CoreLogic is now able to provide clients with a comprehensive suite of Day 1 Certainty borrower verification solutions, delivering efficiency, growth and certainty to customers.
“At CoreLogic, we are laser-focused on innovating solutions to help our clients take time, touch, and cost out of every origination,” says Jay Kingsley, executive, CoreLogic Credit and Borrower Solutions, in a release. “With this announcement, CoreLogic has achieved a major milestone in our growth strategy for AutomatIQ Borrower and our march toward the digital mortgage: we are now able to provide our clients with truly end-to-end verification solutions, which helps accelerate our growth and the value we deliver to clients in 2020 and beyond.”
