GSE Updates

Informative Research, a technology provider delivering data-driven credit and verification solutions to the lending community, announced that AccountChek supports new enhancements to Fannie Mae’s Desktop Underwriter (DU) validation service designed to streamline the digital pre-close verification of employment (VOE), significantly enhance overall efficiency and improve the borrower experience.

Take3Tech has announced that Fannie Mae’s Income Calculator is now fully integrated and available within its convergent technology platform, LoanMAPS. The company touts that it is the first platform to offer the Income Calculator directly within a Loan Origination System (LOS), and that Take3Tech provides users with a streamlined, end-to-end solution—from sales through interim servicing—within one unified system.

Argyle, a platform providing real-time income and employment verifications for some of the largest lenders in the United States, is now an approved third-party service provider supporting Freddie Mac’s Loan Product Advisor® (LPA℠) asset and income modeler (AIM), a solution that simplifies the mortgage underwriting process for lenders. Argyle’s verification of income and employment (VOIE) solution, which includes reports, pay stubs and W-2s, saves lenders 5–7 days per loan and 60–80% in costs compared to legacy VOIE providers.

Truv, a provider of automated employment and income verification technology for mortgage lenders, banks and credit unions, is now a conditionally authorized report supplier for mortgage lenders using Fannie Mae’s Desktop Underwriter (DU) validation service.