I need to verify employment or income of an individual
I need to determine eligibility for government assistance
I need to verify someone’s employment, income, or work history
I need to see my information or I have been required to provide a salary key
I need to manage my employees
As cited by Fannie Mae, income misrepresentation is one of the top reasons for poor loan quality. In order to defend against repurchase and to validate due diligence was performed during the underwriting process, you need the ability to verify borrower income and employment history at the time of the loan was closed.
Point In Time®, from Equifax Verification Services, directly addresses market demand for verified employment and income history to perform a post-close audit or to investigate loan repurchases and mortgage insurance rescissions.
Point In Time:
A Point In Time verification is the right tool when a loan file review shows missing elements, or when quality control efforts require the need to authenticate the existing documentation. As the leader in income and employment verification, our industry knowledge and automation can help provide relief to your repurchase demands.