Finicity’s Verification of Assets solution is now integrated with Mortgage Cadence, an Accenture (ACN) company and loan origination platform.
Lenders can shave up to six days from the traditional closing timeline by way of this integration, the companies claim in a release.
Borrowers can generate a verification report to be used for underwriting with just a single click.
“Our goal as a financial data aggregator is to find best-in-class partners who are also committed to data access, quality and insights, and ultimately a better experience for borrowers,” says Steve Smith, CELO of Finicity. “We’re excited to work with Mortgage Cadence to accelerate and improve the digital loan process.”
“Our agreement with Finicity simplifies yet another important step in the mortgage process for both borrowers and lenders, getting everyone involved in the transaction to the closing table more quickly and with fewer steps,” adds Brian Benson, executive manager of Services Center at Mortgage Cadence.
