FinTechMortgage

ComplianceEase integrates with Fannie Mae’s Desktop Underwriter

Compliance solutions provider now approved for Day 1 Certainty

Automated compliance solutions provider ComplianceEase announced Tuesday it has fully integrated its 4506xpress income verification solution with Fannie Mae’s Desktop Underwriter platform and is now part of the GSE's Day 1 Certainty program.

With this integration, the company meets Fannie Mae’s standards for income verification, eliminating the need for reverification of IRS Form 4506-T. This validation frees lenders from reps and warranties with regard to the accuracy and integrity of tax transcript data obtained through ComplianceEase, the company explained in a press release.

“We are pleased to be participating in Fannie Mae’s DU validation service through their Day 1 Certainty program,” said John Vong, president of ComplianceEase. “This kind of forward-thinking automation technology speeds up workflow and provides a better borrower experience with lender assurances.”

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