Advanced Data & Fannie Mae
Advanced Data Approved as Authorized Report Supplier of Employment and Income Verification Reports for the Desktop Underwriter (DU) Validation Service
MILFORD, PA--October 8, 2019-- Advanced Data Corporation is pleased to announce that the company has been approved as an Authorized Report Supplier of Verification of Employment and Verification of Income reports for the Desktop Underwriter ® (DU ® ) validation service, a component of Day 1 Certainty ®.
As a single-source solution for verifications nationwide, Advanced Data has already been approved as a supplier of 4506-T IRS Tax Transcript Reports and Verification of Asset reports - and now with approval for Employment and Income Verification, Advanced Data is cemented as the leader in full-service verifications.
Day 1 Certainty gives mortgage lenders freedom from representations and warranties for validated loan components. It also enables an improved borrower experience. As an Authorized Report Supplier, Advanced Data is poised to provide speed to market and unparalleled customer service for mortgage lenders.
“Day 1 Certainty is a huge step forward in helping lenders compete in the digital mortgage landscape,” said Allen Johnson, CEO of Advanced Data. “We are proud to continue delivering digitization, certainty and stronger risk management to mortgage lenders.”