MILFORD, Pa., April 16, 2018 - Advanced Data Corporation, verification fintech trailblazer for mortgage lenders, has been named to the 2018 HW TECH100. These awards recognize the most innovative technology companies in the housing and mortgage finance industry. This is the second consecutive year that Advanced Data has been recognized for its leading verification technology.
"These companies provide innovative solutions and are moving the housing finance industry forward as technology rapidly changes how the landscape operates," said HousingWire Online Editor Caroline Basile.
“We are incredibly honored to be featured among the industry’s most innovative companies as part of HW TECH100,” said Allen Johnson, CEO and Founder, “We are committed to providing instant verification solutions in this rapidly developing digital mortgage era; verifications that are secure, reliable, and without compromising data integrity.”
In its announcement of this year’s winners, HousingWire acknowledged the enhanced level of competition over previous years, citing a significant increase in the number of applicants for this year’s list and the fact that more than half of this year’s honorees are first-time winners.
“The number of fintech companies serving the mortgage industry has exploded over the last several years - making the choice of just 100 companies this year very difficult,” said HousingWire Magazine Editor Sarah Wheeler. “Companies in the 2018 Tech100 represent the leading edge of solutions and services that will propel mortgage companies toward success.”
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 eSign 4506-T, streamlined verifications and re-verifications of employment, fraud reports, multiple levels of 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.
HousingWire is the nation's most influential source of news and information for U.S. mortgage markets, boasting a readership that spans lending, servicing, investments and real estate market participants as well as financial market professionals.
Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B-to-B Banking/Business/Finance, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International.
Compliance and Verification Division