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Finicity Releases Comprehensive Mortgage Verification Service for Simpler, Faster Borrowing Experience

Press release content from Business Wire. The AP news staff was not involved in its creation. Finicity Releases Comprehensive Mortgage Verification Service for Simpler, Faster Borrowing Experience February 25, 2021 GMT SALT LAKE CITY (BUSINESS WIRE) Feb 25, 2021 Finicity, a Mastercard company and leading provider of open banking solutions, today announced its one-touch Mortgage Verification Service (MVS), enabling lenders to provide the simple, easy experience that today’s consumers and lenders are looking for in mortgage origination. The solution allows consumers to permission data, quickly and easily, so lenders can verify assets, income and employment in a single interaction with borrowers that takes seconds or minutes instead of days or weeks. The verification is accepted by both Freddie Mac and Fannie Mae in place of cumbersome manual loan documentation.

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