HousingWire Research: Examining Verification Waterfalls

Are you using the most effective and cost efficient methods for verifying income and employment? Have you considered a verification waterfall — a  method of layering multiple data sources to lower cost and reduce risk in the loan origination process.

What you’ll learn:

• The benefits of coupling legacy methods with one or more consumer-permissioned providers.
• How mortgage professionals are structuring verification waterfalls to save money and create efficiencies.
• The pros and cons of using verification databases, banking and asset aggregators and direct payroll connections and how one or more can be used to create a seamless verification waterfall.