Wednesday, February 1, 2017

Tech Innovators: Fannie Mae program empowers lending confidence

Fannie Mae introduced Day 1 Certainty with FormFree’s AccountChek as the first designated vendor to manage asset verification through DU. Equifax was selected as a designated vendor to provide employment and income verification (through its The Work Number service) and IRS tax transcript fulfillment. The use of electronic validation eliminates the need for borrowers (and #lenders) to gather paper documents such as paystubs, W-2s, or bank statements. http://www.housingwire.com/articles/39081-tech-innovators-fannie-mae-program-empowers-lending-confidence ❤️ #share #mortgage



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