Innovative Digital Offering Streamlines Complexities of Employment and Income Verification Process for Lending Community
ST. LOUIS – (Business Wire) September 8, 2022 - In a strategic move to simplify cumbersome employment and verification processes for lenders, Fintech leader Informative Research, a Stewart company, today announced its leading edge Verification Waterfall Solution. This one-click service fulfills all income and employment verification requirements through its fully integrated workflow process that mitigates lender risk and results in improved cycle times, higher success rates and reduced costs.
Known for creating impactful technology solutions and taking a proactive approach to industry-wide issues, Informative Research recognized its clients’ ongoing implementation challenges with the necessary but increasingly cumbersome and error-prone verification process. Leveraging leading API technology, Waterfall provides a tailored system that seamlessly cycles through verification providers in pre-selected order, eliminating the need for lenders to negotiate contracts with multiple providers and integrate disparate systems. It facilitates tangible workflow and cost efficiencies and helps reduce liability.
Kevin English, EVP, National Operations, New American Funding, comments, “We love this powerful new best-in-class Waterfall Solution. Informative Research configured this solution in a way that eliminates unnecessary orders, fully integrates with our existing systems and successfully addresses the pain points of what was a cumbersome process for our users. It creates efficiencies and reduces our costs. Everybody wins.”
“Our Waterfall Solution is smart, powerful, and easy to use. Addressing industry challenges with cutting edge technology and data-driven, easy-to-adapt solutions is what drives Informative Research,” comments Matt Orlando, Chief Experience Officer. “Waterfall strengthens the employment and income verification process for our clients, builds industry trust and is simply good business. We are thrilled to officially bring this solution to market.”
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 over 3,000 mortgage companies, banks and lenders throughout the United States. The company is recognized for streamlining the loan process with their straightforward service model, progressive solutions and cutting-edge technology.