BURLINGAME, Calif., April 17, 2018 /PRNewswire/ -- PointServ®, a leading provider of verification services for the mortgage lending and financial industries, today announced they are an Authorized Report Supplier of Asset Validation Reports (VOA) for Day 1 Certainty™ from Fannie Mae.
Lenders now have access to PointServ's VOA Report via Desktop Underwriter® (DU®) from Fannie Mae allowing them to receive the benefits of the Day 1 Certainty program including representations and warranties relief for validated loan components.
"We are very proud to have reached this milestone and the work we have done so far to participate in the Day 1 Certainty program. It confirms our dedication to innovation within the mortgage space," said Iavor Boyanov, Co-Founder and CTO of PointServ.
In addition to Asset Validation Reports (VOA), PointServ is also a Fannie Mae Authorized Report Supplier for Tax Transcript Reports (VOI) and a Fannie Mae Prospective Report Supplier for Income and Employment Validation Reports (VOI/VOE).
"Being an Authorized Supplier for multiple reports for Day 1 Certainty is a great recognition to our company and technology," said Iordan Gavazov, Co-Founder and CIO of PointServ. "Having developed the most diversified portfolio of data source connections our focus will continue to be on providing a complete set of verifications services to our customers."
Founded in 2008 and headquartered in Silicon Valley, PointServ provides access to source data across the complete set of consumer financial documents needed by mortgage lenders and banks. PointServ improves the ecosystem of consumer finance in the U.S. by creating a better consumer experience, significantly improving the efficiency of our customers' business processes and eliminating fraud.
For more information about PointServ, please visit the company's web site at www.pointserv.com.