This integration aligns seamlessly with Informative Research’s mission to provide end-to-end credit and verification services that streamline the lending process and drive positive outcomes for lenders and borrowers alike. With Veri-Tax’s expertise and technology complementing Informative Research’s existing capabilities, clients can expect enhanced efficiency, accuracy, and speed in their verification processes.

“We recognized the need for a strategic partner that shares our commitment to delivering value in verification services,” said Informative Research SVP Craig Leabig. “This collaboration expands the product set available on Informative Research’s Verification Platform. Adding a best-in-breed manual verification product to the mix enhances our ability to help lenders streamline the loan manufacturing process.”

By eliminating manual procedures and significantly reducing turnaround times, Veri-Tax enhances Informative Research’s service offerings, ultimately enhancing the borrower experience and expediting loan origination timelines. Leveraging its “employer happiness” process, innovative digital tools, and an employer intelligence database of over 4 million transactions and growing, Veri-Tax ensures swift and precise verifications, further bolstering Informative Research’s reputation for efficiency and reliability in the mortgage industry.

“Employer sourced data is accurate, detailed, contextual, and prospective making it an essential complement to payroll data. But employer interactions are daunting and complicated. So, we have been sharply focused in streamlining and re-engineering this manual process with technology and data, and achieved market leadership as a result of our disciplined focus,” said Veri-Tax CEO Nick Lim. “We are excited by our collaboration with Informative Research and look forward to the opportunity to help serve their clients. By combining our expertise and resources, we are poised to redefine industry standards and drive positive outcomes for lenders and borrowers alike.”

Veri-Tax concentrates solely on verifications of employment and income. This specialization allows them to excel in their domain, offering unparalleled expertise and efficiency to clients. Veri-Tax’s commitment to excellence has earned them partnerships with many of the nation’s top lenders, who entrust them with 100% of their manual verification needs. By partnering with Veri-Tax, Informative Research gains access to this expertise and reputation, further solidifying its position as a leading provider of credit and verification solutions in the mortgage industry.

About Informative Research

Informative Research, a Stewart company, is a leading technology platform that delivers data-driven solutions to the lending community. The solutions provider currently serves mortgage companies, banks, and lenders throughout the United States. The company is recognized for streamlining the loan process with its straightforward service model, progressive solutions, and cutting-edge technology. To learn more, visit https://www.informativeresearch.com.

About Veri-Tax

Veri-Tax is a leading national verification specialist sharply focused on offering Verification of Income and Employment, 4506-C Tax Transcripts, and SSN and EIN Verifications. We have been fortunate to have earned the trust and confidence of nearly 1,000 clients and growing including 3 of the top 5 banks in the country and other large, midsized, and smaller banks, credit unions, lenders, fintech players, and other financial services players. Our technology-enabled service is ultimately differentiated by our “customer happiness” culture which guides our strategy, innovation, and execution on each and every single order every day. Visit Veri-Tax.com or call our Customer Happiness Team at (800) 969-5100 to learn more.

Media Contact
Lindsey Neal
Depth for Informative Research
(404) 549-9282
lindsey@depthpr.com

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Fannie Mae also reports income and employment fraud as more than 50% of their investigative findings in the last year.

• Fabricated income documents (Paystubs and W-2’s)
• Interested parties to the transaction posing as employers
• Falsified bank statements showing direct deposits

In today’s environment, we find lenders are looking for ways to cut costs and bringing the VOE/VOI process in house. This poses a big risk opening the lender to a repurchase.

• Below are a few ways Veri-Tax can help you mitigate risk of consumer misrepresentation.
• Consumer permissioned payroll data sourced from payroll provider
• Independently validate employer through trusted 3rd party sources
• Intelligent employer database of 4 million HR/Payroll records
• Digital VOE platform for employers to complete verifications electronically and securely

CONTACT US TO LEARN MORE ABOUT HOW VERI-TAX CAN HELP MITIGATE RISK!

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EPC is the new highly anticipated API platform that offers clients a new look and feel with added functionalities that are not currently available on the PSDK legacy platform. With our Encompass Partner Connect integration, you will benefit from:

• New look, improved design making the platform easier to navigate and place orders (e.g., similar design and flow that mirrors the Veri-Tax web portal making it more streamline with less clicks)
• Specifically identifies errors that prevent orders from being placed within Encompass® (e.g., missing required data fields, corrupt forms etc.)
• Ability to add additional “real time” comments within Encompass after the order is placed
• History of order comments now available for real time status updates
• Ability to cancel order within Encompass after order has been placed
• Completed reports will be automatically available in the eFolder upon order completion
• Ability to add CPA information for self-employed VOE orders within Encompass
• Blend compatibility now available! Upload a Blend e-signed borrower authorization directly from the documents folder/eFolder.

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The announcement was made to our team with a fun game of ‘Wheel of Fortune’ during our All Hands Meeting. We continued our celebration with hosting lunch for our employees and of course, what is a celebration without some cake!

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“TRK’s mission is to assist lenders by making the QC audit process easier, more intuitive and more efficient, thus enabling them to effectively manage and report on loan quality,” said TRK Executive Vice President of Strategy Jeremy Burcham. “Our network of integrated reverification providers plays a key role in our ability to deliver on that promise, which is why we are pleased to add Veri-Tax to our roster of top-tier income verification providers available within Insight RDM.”

Veri-Tax’s 4506-T Income Verification service allows lenders to quickly validate income and uncover potential borrower misrepresentation. By auditing every order at multiple check-points, Veri-Tax reduces IRS rejections by 29 percent, and all tax transcripts include a customizable summary coversheet that highlights and calculates key income verification line items. The ability to order income verification from Veri-Tax directly through the Insight RDM platform, which also includes industry-first reverification eSign capabilities, enables lenders to create a paperless, streamlined reverification process designed to support lenders’ loan quality initiatives.

“We are pleased to have supported the TRK Connection team from the very early stages of their platform development and integration of our industry leading verification services. We look forward to continuing our long partnership and serving our mutual clients,” said Nick Lim, CEO of Veri-Tax.

About Veri-Tax:
Veri-Tax is the largest ‘pure play’ national verification specialist. Unlike competitors with more diffused if not distracted focus, Veri-Tax is sharply focused on verification services.  We provide a simple but essential service to securely, reliably and promptly retrieve information (with opt-in consumer consent) from trusted third party sources. Our suite of fast and reliable ability-to-pay solutions include 4506-T Tax Transcripts, Verification of Income / Employment, SSN / EIN Verifications and Verification of Asset.

We are fortunate to have earned the trust and confidence of nearly 1000 large and mid-market clients across mortgage, banking, Fintech, financial services, education, and other industries. We ultimately differentiate ourselves on our unique “customer and employee happiness” culture rooted in positive psychology insights to drive grit, resilience, creativity, and nimbleness, and powered by a very diverse high performing team who punch above our weight.

About TRK Connection:
Founded in 2013, TRK Connection prides itself on its ability to develop technologies that allow businesses to surpass their organizational needs and meet their business objectives. As an innovator in the mortgage origination and quality assurance space, TRK continues to develop and refine solutions geared to promote and strengthen the loan origination process, pre/post-close loan audits and the defect remediation process.

Currently, TRK offers solutions that support Mortgage Audit & Quality Control (Insight Risk & Defect Management), Loan Origination Vendor Management (Core Connect), Complete LOS Connectivity Platforms and more. For more information, visit http://trkconnection.com.

https://www.send2press.com/wire/trk-connection-integrates-with-veri-tax-to-expand-collection-of-income-verification-providers-available-in-insight-rdm/

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The completion of this comprehensive examination indicates that processes, procedures and controls have been formally evaluated and tested by Schellman & Company, LLC, an independent accounting and auditing firm. The examination found that Veri-Tax LLC meets the SOC 2 standards for Security, Availability, Processing Integrity and Confidentiality Trust Services Principles.

SOC 2 reports also demonstrate a company’s ability to not only implement critical security policies but also prove compliance over an extended period of time.

“In the spirit of our ‘customer happiness’ promise, we strive to earn the trust and confidence of our customers and partners every day,” said Nick Lim, CEO of Veri-Tax. “Our SOC2 certification not only provides an independent third party verification of our internal controls, technology and processes across security, availability, processing integrity and confidentiality but also facilitates a useful annual exercise to help inform our continuous learning and relentless improvement.”

About Veri-Tax LLC

Veri-Tax is a leading national verification specialist helping loan originators, underwriters, loan processors and other clients meet the elevated compliance and regulatory standards in the mortgage, consumer credit, alternative lending, education and other industries. We provide a suite of fast and reliable ability-to-pay solutions, including 4506-T Tax Transcripts, Verification of Employment / Income, SSN / EIN Verifications and Asset Reports (VOA). Our “customer happiness” culture ultimately differentiates us and drives our relentless customer-oriented organizational focus, commitment and execution. Visit veri-tax.com or call our Customer Happiness Team at (800) 969-5100 to learn more.

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