Advanced Data

Press Releases & White Papers

Advanced Data’s Income Tax Verification (ITV) Now Accepts CalyxSoftware’s INK-it eSigned 4506-C

Mutual clients will increase efficiency, decrease cycle times and reduce costs

Dallas, Tx. and Milford, Pa., March 15, 2017—Advanced Data Corporation,
mortgage industry leader in enterprise-wide fraud prevention and enhanced verifications, and CalyxSoftware®, a leading provider of comprehensive mortgage software solutions for lenders and brokers, announced today that their mutual clients can e-sign Income Tax Verification (ITV) 4506-C using CalyxSoftware’s
INK-it®.

Advanced Data’s sophisticated proprietary technology and unparalleled customer service coupled with INK-it reduce the turnaround time of an ITV from as long as
two weeks to less than three days. INK-it is an easy-to-use, secure electronic signature tool that increases workflow efficiency, decreases cycle times, and
reduces paper and postage costs.

“The goal is always to shave time from lenders’ processes, enabling them to produce more loans in the same amount of time. INK-it is an important step in
that direction,” said Allen Johnson, CEO of Advanced Data Corporation. “Our technology platform delivers the tools our clients need to originate mortgages in
the most efficient manner possible, minimizing risk and optimizing productivity.”

“Adopting electronic signatures is critical to achieving a truly paperless mortgage process,” said Bob Dougherty, Vice President of Business Development at
CalyxSoftware. “Today’s tech-savvy borrowers expect online options for completing financial applications. The partnership between Advanced Data and
CalyxSoftware provides borrowers a user-friendly, digital option for signing their 4506-C.”

Advanced Data has developed one of the most intuitive, flexible platforms in the mortgage industry, “Providing the best technology to lenders results in enhanced efficiency, better performance, and improved borrower experience,” said Johnson. “Electronic signatures make the 4506-C process more accurate, efficient and faster- the goal every lender is eager to achieve.”

About Advanced Data

Advanced Data is recognized as the standard for enterprise-wide mortgage data integrity, specializing in fraud prevention and enhanced verifications. Its
proprietary technology is integrated with loan origination systems, and the firm offers a SaaS platform for clients that prefer a custom solution. Its services
include eTax Verification Form 4506-Cs, streamlined verifications and reverifications of employment, fraud reports, social security number verifications,
AVM plus property inspection, and flood zone determinations. Advanced Data’s proprietary Fraud Report identifies each loan’s fraud risk before and after
funding. The firm prides itself on delivering superb customer service, hiring experienced employees, and developing customized, sophisticated technology.
It’s one of the only firms in its sector to employ an in-house development group, which ensures its technology provides a competitive advantage to clients and
can be customized to their needs. For more information, visit advanceddata.com.

About CalyxSoftware

CalyxSoftware is a leading provider of mortgage software solutions for banks, credit unions, mortgage bankers and brokers. Dedicated to offering reliable, innovative software, our suite of products help streamline, integrate and optimize all phases of the loan process. Calyx Point® and PointCentral®, the remote access, server-based Point application, simplify loan processing and offer
seamless integration with other Calyx products, including INK-it®, an easy-to-use, secure electronic signature product; and WebCaster®, a professional, do-ityourself website solution. For more information call (800) 362-2599 or visit www.calyxsoftware.com.


Press Contacts:

For Advanced Data:
Matt Strickberger
OnPoint PR and Consulting LLC
908-967-9964
mstrickberger@onpoint-pr.com

For CalyxSoftware:
Jessica Ruiz-Krout
Campbell Lewis Communications
212-995-8058
jessica@campbelllewis.com

© Copyright 2024. Advanced Data. All Rights Reserved.
Website & Hosting by BlueTone Media