Case Study: DataVerify achieves faster, more accurate loan verifications with ICE Mortgage Technology

DataVerify® Automates and Simplifies the Verification Process for Encompass Customers

DataVerify, a Columbus-based provider of the DRIVE data verification platform, helps mortgage lenders identify fraud and risk more efficiently. Lenders faced slow, error-prone workflows that required visiting multiple sites and manually assembling hundreds of data points, adding days to the loan lifecycle and limiting throughput.

DRIVE aggregates data from many sources, applies analytics, and delivers a configurable, one-page summary via an Encompass plug-in that can be set up in hours. The result: 45 minutes to 2.5 hours shaved off loan processing, fewer errors and compliance gaps, eliminated multi-site lookups, improved borrower satisfaction and loan quality—and industry recognition from Ellie Mae’s Lender’s Choice awards.

DataVerify

Brad Bogel

Senior Vice President