Traditional methods of verifying borrowers’ liquid assets continue to cost lenders millions each year – not to mention, this process is growing increasingly susceptible to financial misrepresentation and fraud. Early Warning will be at the 2016 MBA Annual Convention and Expo October 23-25 in Boston, showing lenders how they can transform the lending experience for borrowers while lowering costs and risks.
Early Warning will be exhibiting and providing live demos of our Asset Search and Verification℠ Service for Home Loans, (ASV℠) which gathers asset data directly from the source, rather than requiring borrowers to find and present paper documents and bank statements.
We look forward to showing MBA attendees how, using ASV for Home Loans, they can access collaborative, shared data from financial institutions across the country to dramatically improve the borrower experience and reduce fraud risk not only for lenders, but also for Government-Sponsored Enterprises (GSEs) repurchasing loans down the line.
As we head into MBA Annual, we know attendees will be looking for valuable insight and information to strengthen their businesses and better serve consumers across the country. Especially as lenders strive to compete with today’s growing number of lending participants, speed and expedience will remain key to attracting consumers. Given consumers’ expectations, we are excited to demonstrate how automated asset search and verification can ensure that lenders strengthen loan portfolios and meet rising borrower demands with confidence and efficiency.
To learn more about Early Warning and ASV for home loans at MBA Annual, please visit our team at Booth 209!
Secure your spot for a live demo now!
You may also be interested in our upcoming webinar...
Join experts from Aite Group, National Mortgage News and Early Warning to gain valuable insight around challenges, opportunities, trends and advancements in loan origination.
Wednesday, October 12th | 11am PST/ 2pm EST