DataVerify, a provider of risk mitigation and verification services, is now offering an automated process that populates required data elements for submission of 4506-T IRS tax transcript information to the Fannie Mae Day 1 Certainty data validation service through the Ellie Mae’s Encompass mortgage management solution and Total Quality Loan (TQL) program.
According to DataVerify, this enhancement allows lenders to improve efficiency in the loan process while reducing errors from having to re-key information into additional data fields.
DataVerify says it is an authorized report supplier of eligible verification reports for Day 1 Certainty from Fannie Mae. The 4506-T IRS tax transcript verification features the convenience of e-signature backed by the power of DataVerify’s revolutionary platform.
The risk mitigation and verification services provider says the platform evolves dynamically through the origination process, providing lenders comprehensive data aggregation with user simplicity, for a highly efficient workflow with consistent results.
“DataVerify recognizes the importance of working with an industry leader such as Ellie Mae to deliver Day 1 Certainty,” says Brad Bogel, senior vice president of DataVerify. “By continuing to develop our relationship with Ellie Mae, we hope to elevate the user experience and to continue meeting our customers’ unique needs by providing solutions that ensure a secure and efficient method for evaluating and delivering 4506-T IRS tax transcript information.”