First American Mortgage Solutions is now an authorized supplier for 4506-T tax transcript service for IRS income verification. It is also a distributor for income and employment verification, as well as asset verification.
“Our comprehensive verification solution provides lenders with one source to get representation and warranty relief on validated loan components from Fannie Mae,” said Kevin Wall, President of First American Mortgage Solutions. “By accessing all three reports in a streamlined workflow, lenders will benefit from greater speed and efficiency, supporting their efforts to enhance the borrower experience.”
Key benefits include: Single source for Day 1 Certainty through the DU validation service; easy access to all three verification reports through First American FraudGuard
; the ability to order individually or as a suite; and faster reviews with FraudGuard analytics and combined reporting.
“We are excited to assist lenders in maximizing the value of the Day 1 Certainty program, so they can deliver more loans faster with confidence,” said Wall. “Transforming the future of the mortgage industry requires alignment across all stakeholders, and we are excited to be part of this collaboration.”