Book Online or Call 1-855-SAUSALITO

Sign In  |  Register  |  About Sausalito  |  Contact Us

Sausalito, CA
September 01, 2020 1:41pm
7-Day Forecast | Traffic
  • Search Hotels in Sausalito

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Experian offers Instant Income and Employment Verification Through Freddie Mac’s Loan Product Advisor® Asset and Income Modeler (AIM)

Mortgage lenders can now instantly verify borrower income and employment information with Experian Verify™

In a move to provide mortgage lenders and borrowers a more efficient and streamlined verification experience, Experian® today announced Experian Verify™ can now be accessed through Freddie Mac’s Loan Product Advisor® asset and income modeler (AIM). The move gives mortgage lenders the opportunity to leverage the most up-to-date employer payroll data to verify income and employment information while delivering a frictionless experience for borrowers.

“Ensuring mortgage lenders have access to the most reliable and accurate information available to make confident lending decisions is important at any time, and this is especially true in our current environment,” said Michele Bodda, President of Experian Mortgage, Verification Solutions and Employer Services. “This new partnership with Freddie Mac is another important milestone in our journey to unlock the modern mortgage. Together, we can help ensure more lenders have instant access to the best insights while improving the homebuying experience for borrowers.”

AIM provides lenders with a simpler and more efficient loan origination process by leveraging third-party service providers like Experian to automate traditionally manual processes for assessing borrower income and employment. The addition of Experian Verify provides lenders with new options while adding an additional layer of flexibility and ease to the verification process.

“Partnering with third-party service providers like Experian ensures we can deliver the best tools and insights the industry has to offer,” said Daniel Miller, Freddie Mac Single-Family Director of Strategic Technology Partnerships. “This collaboration will assist lenders with quickly and easily obtaining income and employment verification.”

Coupled with Experian’s recent move to become an authorized report supplier for Fannie Mae’s Desktop Underwriter® (DU®) validation service, this move makes Experian one of the few providers who are authorized report suppliers for both government-sponsored enterprises (GSEs).

To learn more about Experian’s income and employment verification solutions, please visit www.experian.com/verify-mortgage.

About Experian

Experian is the world’s leading global information services company. During life’s big moments — from buying a home or a car, to sending a child to college, to growing a business by connecting with new customers — we empower consumers and our clients to manage their data with confidence. We help individuals to take financial control and access financial services, businesses to make smarter decisions and thrive, lenders to lend more responsibly, and organisations to prevent identity fraud and crime.

We have 21,700 people operating across 30 countries and every day we’re investing in new technologies, talented people, and innovation to help all our clients maximise every opportunity. We are listed on the London Stock Exchange (EXPN) and are a constituent of the FTSE 100 Index.

Learn more at www.experianplc.com or visit our global content hub at our global news blog for the latest news and insights from the Group. Giving lenders more options for the kinds of tools they can use when making mortgage decisions

Contacts

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Photos copyright by Jay Graham Photographer
Copyright © 2010-2020 Sausalito.com & California Media Partners, LLC. All rights reserved.