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CoreLogic Approved to Provide Verification of Employment and Income for Fannie Mae’s DU Validation Service, a Component of Day 1 Certainty

December 19, 2019 GMT

IRVINE, Calif.--(BUSINESS WIRE)--Dec 19, 2019--

CoreLogic ® (NYSE: CLGX), a leading global property information, analytics and data-enabled services provider, today announced that it has fully integrated its leading Verification of Employment and Income solutions with Fannie Mae’s Desktop Underwriter ® (DU ® ) validation service. Through this integration, mortgage lenders can now receive both automated and manual borrower employment and income verifications from CoreLogic as part of the DU validation service so they can get Day 1 Certainty® from Fannie Mae, providing lenders with automated access and rapid representations and warranties relief for validated loan components.

This milestone advances CoreLogic industry leadership in providing complete credit, income and borrower verification solutions while establishing a broader path to growth in the digital mortgage space. With Fannie Mae’s approval, CoreLogic is now able to provide clients with a comprehensive suite of Day 1 Certainty borrower verification solutions, delivering efficiency, growth and certainty to customers.

“At CoreLogic, we are laser-focused on innovating solutions to help our clients take time, touch, and cost out of every origination,” said Jay Kingsley, executive, CoreLogic Credit and Borrower Solutions. “With this announcement, CoreLogic has achieved a major milestone in our growth strategy for AutomatIQ™ Borrower and our march toward the digital mortgage: we are now able to provide our clients with truly end-to-end verification solutions, which helps accelerate our growth and the value we deliver to clients in 2020 and beyond.”

For more information about CoreLogic Day 1 Certainty solutions, visit www.corelogic.com.

About CoreLogic

CoreLogic (NYSE: CLGX), the leading provider of property insights and solutions, promotes a healthy housing market and thriving communities. Through its enhanced property data solutions, services and technologies, CoreLogic enables real estate professionals, financial institutions, insurance carriers, government agencies and other housing market participants to help millions of people find, acquire and protect their homes. For more information, please visit www.corelogic.com.

CORELOGIC and the CoreLogic logo are trademarks of CoreLogic, Inc. and/or its subsidiaries. All other trademarks are the property of their respective owners.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191219005194/en/

CONTACT: Allyse Sanchez

INK Communications

925-548-2535

corelogic@ink-co.com

KEYWORD: CALIFORNIA UNITED STATES NORTH AMERICA

INDUSTRY KEYWORD: FINANCE OTHER CONSTRUCTION & PROPERTY PROFESSIONAL SERVICES RESIDENTIAL BUILDING & REAL ESTATE CONSTRUCTION & PROPERTY

SOURCE: CoreLogic

Copyright Business Wire 2019.

PUB: 12/19/2019 08:00 AM/DISC: 12/19/2019 08:01 AM

http://www.businesswire.com/news/home/20191219005194/en