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Avantus Designated as Authorized Report Supplier for Day 1 Certainty

August 8, 2017

Avantus is pleased to announce that it has been designated by Fannie Mae as an Authorized Report Supplier of eligible verification reports for Day 1 Certainty. Lenders using Desktop Underwriter® (DU®) from Fannie Mae now have access to IRS Direct 4506-T Tax Transcript Verifications from Avantus.

This direct integration with the Desktop Underwriter® (DU®) validation service and the IRS gives lenders the assurance that Fannie Mae will provide Day 1 Certainty when income is verified in DU using Avantus 4506-T reports. IRS Direct 4506-T Tax Transcript Verifications from Avantus also feature the convenience and expediency of e-signature, helping lenders create a more efficient workflow.

"Avantus is proud to have been approved by Fannie Mae as an Authorized Report Supplier for Day 1 Certainty. Being directly integrated with DU and the IRS will allow Avantus clients to process their verifications more efficiently, and close more loans with the confidence that Day 1 Certainty provides," said Louis Capobianco, President of Avantus.

Day 1 Certainty from Fannie Mae, announced in October 2016, provides Fannie Mae customers with freedom from representations and warranties on key aspects of the mortgage origination process.

For more information, contact your Avantus Account Representative or give us a call at 800-243-0120.

 

 

 

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