New Integration Reduces Credit & Verification Costs For Lenders
Mortgage Automation Technologies (MAT), the company behind The BIG Point of Sale, has successfully integrated Informative Research via ICE Mortgage Technologies’ Partner Connect®, offering loan officers the ability to seamlessly pull credit, and verify income, assets, and employment (VOA & VOE/I) directly from their mobile devices. This integration enables faster and more efficient loan origination, saving loan officers up to 10 minutes per file by automating key services.
Utilizing the Partner Connect® API, loan officers can now perform credit pulls and verifications in real time, with results automatically posting to Encompass™. This integration, powered by Informative Research’s AccountChek® and credit products, streamlines the credit and verification processes, allowing loan officers to quickly access critical borrower data while ensuring compliance with industry standards.
“We are excited to offer this new capability through our integration with Informative Research and ICE Mortgage Technologies’ Partner Connect®,” said Jerry Melia, President of Mortgage Automation Technologies. “By enabling loan officers to perform verifications directly from their mobile devices, we’re saving valuable time while enhancing the borrower experience. This integration is another step forward in our commitment to providing cutting-edge solutions to the mortgage industry.“
Steve Schulz, Executive Vice President of Product at Informative Research, added, “Our credit platform is specifically designed to help mortgage lenders make faster, more informed decisions while avoiding unnecessary spend while our AccountChek® product provides fast, accurate, and compliant verification services. By integrating our services with The BIG Point of Sale, we’re providing loan officers with the ability to access credit and verifications data in real-time, giving them a clear view of a borrower’s financial profile at their fingertips.”
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