Advanced Data Corporation
Lending, Real Estate
Fraud prevention verification provider Advanced Data launched its newest proprietary fintech solution, eVoE, to alleviate pain points in verifying employment, such as unreadable data on forms, slow turn-around times and high costs.
The company’s research showed that eVoE returned 15% of verifications within one hour, 30% within 12 hours and 50% within 24 hrs. The company, which just became a report supplier for Fannie Mae’s Day 1 Certainty, also recently integrated its 4506-T verifications with IncomeGenius, providing lenders a solution for verifying self-employed borrowers.