Skip to main content

Docutech and Veri-Tax Streamline Day 1 Certainty
Aug 22, 2017
Docutech announced that LendingQB has integrated Docutech’s Solex eClosing solution to enable digital closing with eClosing, eNote and eVault functionality

Docutech and Veri-Tax have expanded their integrated services to enable lenders to easily obtain the tax transcripts needed to enroll in Fannie Mae's Desktop Underwriter (DU) validation service. Once enrolled in DU, lenders are able to receive Fannie Mae's Day 1 Certainty, which frees them from representations and warranties for validated loan components.
Veri-Tax is authorized to provide 4506-T tax transcripts through the Fannie Mae DU validation service. By expanding the integration between Veri-Tax and Docutech, lenders that use Docutech's ConformX platform can easily satisfy Fannie Mae's requirements by placing and retrieving tax transcript orders seamlessly within ConformX, where borrower information is already stored, while shortening the loan process by days.
"We've been very pleased with the success of the ongoing partnership between Docutech and Veri-Tax,” Docutech President and Chief Operating Officer Amy Brandt said. “Our integrated service allows shared customers to easily satisfy IRS requirements by automating the verification process and enabling lenders to place and retrieve tax transcript orders within our flagship software ConformX, where borrower information is already stored."
Fannie Mae's DU validation service is designed to provide its customers with enhanced loan origination controls, improved processes and certainty around the borrower's income, asset and employment information. When a lender opts in to use the DU validation service and obtains an eligible verification report from a vendor such as Veri-Tax, DU will use the data on the report to validate the borrower's information and provide the lender with Day 1 Certainty for the loan.
With the partnership between Veri-Tax and Docutech, lenders are able to use ConformX to submit tax transcript requests through Veri-Tax for simple 4506-T fulfillment, saving several days in the loan process.

Aug 22, 2017
More from
Guaranteed Rate Launches Spanish Language Mortgage Program

The expanded Language Access Program (LAP) delivers every step and communication in Spanish.

Sep 22, 2022
Maxwell Aims To Extend An Arm To Hispanic Buyers

New point of sales platform makes mortgage process automatically bilingual.

Sep 20, 2022
Rocket Launches Program To Discount 1st-Year Mortgage Payments

Offers new homebuyers 1 percentage point discount for first year of payments.

Sep 16, 2022
Expert: Zillow Privacy Lawsuit Has Wider Implications

Could decide just how vague privacy policies can be.

Sep 16, 2022
Lawsuit Accuses Zillow, Microsoft Of ‘Wiretapping’

Class action suit filed in Washington state claims website violates privacy rights of visitors.

Sep 15, 2022
Amrock Unveils Website To Close Mortgages On Mobile Devices

Clear Sign allows couples to close on a mortgage remotely, even if they're in different locations.

Sep 13, 2022