Mortgage Cadence Adds Additional DataVerify Capabilities to Enterprise Lending Center
Last accenture plc earnings: 3/19 06:44 am
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US:NYSE Investor Relations: investor.accenture.com
DENVER--(BUSINESS WIRE)--Mortgage Cadence, an Accenture (NYSE: ACN) company, has added additional DataVerify capabilities to its Enterprise Lending Center (ELC) loan-origination platform, providing additional data verification, fraud prevention and compliance assistance.The enhanced functionality streamlines the application authentication process and improves the borrower experience by automating verification of borrower-provided information, including income and social security data.The DataVerify integration provides on-platform access to 4506-T IRS transcript ordering and verification. Without this functionality, lenders must navigate to the IRS website, rekey borrower data, and manually complete the 4506-T form, which taxpayers use to request copies of their tax return information. With the new functionality, Mortgage Cadence clients execute the process without leaving the ELC platform — requesting borrower authorization via eSign and then, once consent is given, ordering 4506
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