Argyle’s recent enhancement allows lenders to utilize a comprehensive, Government-Sponsored Enterprise (GSE)-accepted solution for verifying critical financial elements such as income, employment, and assets. This development is poised to streamline the verification process, which is often a complex and inefficient aspect of mortgage lending. By consolidating several verification processes into one unified platform, Argyle not only simplifies the experience for lenders but also boosts the integrity and reliability of the information provided, fostering increased trust among both lenders and borrowers.
Key benefits of Argyle’s new solution include:
– **Unified Verification Process**: Lenders can access income, employment, and asset verification in a single platform, enhancing operational efficiency.
– **GSE-Acceptance**: The solution meets GSE standards, ensuring broad acceptance across major mortgage markets.
– **Improved Trust**: Streamlined verification fosters greater confidence in the accuracy of financial data, benefiting the overall lending ecosystem.
– **Enhanced User Experience**: Simplification of the verification process minimizes the documentation burden on borrowers and lenders alike.
You can read this full article at: https://www.housingwire.com/articles/argyle-announces-verification-of-assets-through-finicity/(subscription required)
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