Kroll Factual Data Inc., a provider of risk mitigation and independent verification services, has added several of its product integrations into Ellie Mae's Encompass mortgage management solution.
Kroll's suite of third-party verifications were made available Feb. 6, with a suite of risk mitigation services available later this year.
Other Kroll Factual Data services currently integrated with Encompass include bureau express credit reports, flood determination reports and a loan review report – a product specifically designed to help clients comply with Fannie Mae's Loan Quality Initiative, Kroll notes.
Kroll's third-party verification services include verification of employment (VOE), verification of deposit, tax return verifications and Social Security number verifications.
"Independent verification of borrower data and mitigating risk are vital cogs of a high-quality, compliant mortgage," comments Joe Tyrrell, senior vice president of client management and business development at Ellie Mae. "We're pleased to be able to strengthen Kroll Factual Data's integration in Encompass and offer our mutual clients an efficient way to access these new services."
