Vesta, a provider of loan origination system (LOS) software, has joined forces with The Work Number from Equifax. Lenders using Vesta’s LOS can now access verification of employment and income capabilities from The Work Number within the LOS interface. The integration will enable lenders to streamline their processes, make more informed lending decisions and enhance their mortgage origination workflow.
Vesta’s LOS is designed to support comprehensive digital automation, serving lenders of all sizes. Its no-code workflow and decisioning engine empower lenders to configure their business logic directly within the user-friendly web-based application, eliminating the need for developer resources. Moreover, Vesta’s system provides open, cloud-native APIs that seamlessly integrate with platforms like The Work Number, enhancing the functionality and versatility of the LOS.
“With 618 million employment records from 2.7 million employers, The Work Number provides Vesta LOS clients with instant access to extensive coverage for income and employment verifications,” says Ashley Wood, vice president, mortgage verification services, Equifax Workforce Solutions.
“We are further enabling a fully digital lending experience,” adds Mike Yu, Vesta CEO. “This integration marks the beginning of an exciting relationship with Equifax, and we look forward to delivering even greater value to our customers.”
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