Tag Archives: Informative Research

Informative Research’s Ryan Kaufman Named HousingWire’s 2024 Rising Star

IRVINE, Calif. /ScoopCloud/ -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced today that Ryan Kaufman, IT Manager - Integrations, has been selected by HousingWire magazine for its annual Rising Stars award.

Kaufman's selection highlights his exceptional leadership and significant contributions to Informative Research. His instrumental role in driving transformative change, leading the adoption of new technology and developing proprietary integrations and solutions has propelled the company's growth and enhanced operational efficiency.

"Ryan's holistic approach to improvement, from technological advancements to mentoring initiatives, underscores his commitment to excellence and positions him as a standout nominee," said Informative Research SVP of Information Technology Ajay Trilokeshwaran. "His ability to leverage technology and develop tailored solutions, as demonstrated by his successful integration projects and cost-saving initiatives, truly sets him apart as a Rising Star in the mortgage industry."

In the past year, Kaufman led groundbreaking initiatives resulting in substantial cost savings and operational improvements for Informative Research and its clients. Notably, he implemented innovative programs that prevented unnecessary credit report orders for two of the top lenders in the country, resulting in significant cost savings and enhanced operational efficiency.

Kaufman's leadership extends beyond technological innovations; he has mentored teams and spearheaded key projects that have significantly advanced Informative Research's capabilities and offerings. His dedication to continuous improvement and collaboration embodies the values of Informative Research and inspires those around him to strive for excellence.

The Rising Stars award program celebrates individuals under 40 who exhibit remarkable professional momentum and drive growth and change in the housing industry. HousingWire's selection committee chose this year's Rising Stars based on their professional achievements within their organizations, contributions to the overall housing economy, community outreach, client impact and personal success.

"The Rising Stars award is one of my favorite industry awards because it reinforces the bright future that exists in mortgage and real estate," HousingWire Editor-in-Chief Sarah Wheeler said. "In an industry that has experienced its share of challenges and successes, these young leaders bring a fresh perspective, innovative ideas and a relentless drive to shape the future of the industry, and I am continuously impressed by the level of talent that we see each year."

For more information about HousingWire's Rising Stars award program and the complete list of honorees, visit https://www.housingwire.com/articles/announcing-the-2024-class-of-rising-stars/.

About Informative Research:

Informative Research, a Stewart company, is a leading technology platform that delivers data-driven solutions to the lending community. The solutions provider currently serves mortgage companies, banks, and lenders throughout the United States. The company is recognized for streamlining the loan process with its straightforward service model, progressive solutions, and cutting-edge technology. To learn more, visit https://www.informativeresearch.com.

About HousingWire:

HousingWire is an information services company that provides unique data and research, respected business journalism and must-attend events for housing leaders to use to advance their understanding and business outcomes. Our vision is a world in which housing leaders have a complete view of the housing market, and a broad community of peers with whom they can connect. We are committed to delivering the data, analytics, media, and events that advance this vision.

Because housing is too important for narrow perspectives and missed connections. Informed housing leaders are better housing leaders. A connected housing industry is a better housing industry. And the full picture always reveals new opportunities.

Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced today that Ryan Kaufman, IT Manager - Integrations, has been selected by HousingWire magazine for its annual Rising Stars award.

Related link: https://www.informativeresearch.com/

Informative Research Adds Mortgage Finance Expert Kurt Raymond, CMB as Senior Vice President

GARDEN GROVE, Calif. /ScoopCloud/ -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced it has expanded its team to add mortgage industry veteran Kurt Raymond, CMB as Senior Vice President and Borrower Journey Engineer. The move reflects Informative Research's commitment to helping lenders streamline origination costs and enhance the borrower experience.

"Kurt's directive is simple: use his experience and connections to enhance the IR platform as a workflow management tool that pushes the right set of data to the lender at the right time and the appropriate cost point," said Informative Research Chief Experience Officer Matthew Orlando. "The insights driven by the workflow management functionality within our platform will help lenders reduce and prevent borrower friction, increase conversion rates, lower/eliminate cost on loans that don't convert and, ultimately, make better decisions for their business."

Raymond co-founded mortgage industry consulting firm Excelerate Advisors and serves as Owner and Founder of KATANTCO2, specializing in connecting small and emerging companies to other mortgage industry entities. He spent over a decade in various executive and managerial positions, where he led a highly successful team that included analytics, risk management, training, communications and vendor management while managing two of the top five lending institutions and the firm's GSE relationships. His other professional experience includes executive-level positions at Indymac Bank and InterFirst Wholesale Lending, a division of ABN AMRO. Raymond also holds the Certified Mortgage Banker designation from the Mortgage Bankers Association.

"I am thrilled to join Informative Research at such a pivotal time in the mortgage industry. With its history of pioneering technology and a strong commitment to enhancing the borrower experience while reducing the cost for lenders, I am excited to contribute to our mission of transforming the mortgage landscape," Raymond said. "I look forward to collaborating with the talented team at Informative Research and its partners to drive innovation and deliver solutions that meet the evolving needs of borrowers and lenders alike."

About Informative Research

Informative Research, a Stewart company, is a leading technology platform that delivers data-driven solutions to the lending community. The solutions provider currently serves mortgage companies, banks, and lenders throughout the United States. The company is recognized for streamlining the loan process with its straightforward service model, progressive solutions, and cutting-edge technology. To learn more, visit https://www.informativeresearch.com/.

Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced it has expanded its team to add mortgage industry veteran Kurt Raymond, CMB as Senior Vice President and Borrower Journey Engineer. The move reflects Informative Research's commitment to helping lenders streamline origination costs and enhance the borrower experience.

Related link: https://www.informativeresearch.com/

Informative Research Announces Manual VOI Integration with Veri-Tax to Improve Mortgage Verification Services

GARDEN GROVE, Calif. /ScoopCloud/ -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced the integration of Veri-Tax, the market leader in delivering the industry's fastest verifications, into its proprietary Verification Platform. The integration merges Informative Research's platform with Veri-Tax's verification services so lenders can access advanced validation tools that elevate the accuracy and reliability of borrower information.

This integration aligns seamlessly with Informative Research's mission to provide end-to-end credit and verification services that streamline the lending process and drive positive outcomes for lenders and borrowers alike. With Veri-Tax's expertise and technology complementing Informative Research's existing capabilities, clients can expect enhanced efficiency, accuracy, and speed in their verification processes.

"We recognized the need for a strategic partner that shares our commitment to delivering value in verification services," said Informative Research SVP Craig Leabig. "This collaboration expands the product set available on Informative Research's Verification Platform. Adding a best-in-breed manual verification product to the mix enhances our ability to help lenders streamline the loan manufacturing process."

By eliminating manual procedures and significantly reducing turnaround times, Veri-Tax enhances Informative Research's service offerings, ultimately enhancing the borrower experience and expediting loan origination timelines. Leveraging its "employer happiness" process, innovative digital tools, and an employer intelligence database of over 4 million transactions and growing, Veri-Tax ensures swift and precise verifications, further bolstering Informative Research's reputation for efficiency and reliability in the mortgage industry.

"Employer sourced data is accurate, detailed, contextual, and prospective making it an essential complement to payroll data. But employer interactions are daunting and complicated. So, we have been sharply focused in streamlining and re-engineering this manual process with technology and data, and achieved market leadership as a result of our disciplined focus," said Veri-Tax CEO Nick Lim. "We are excited by our collaboration with Informative Research and look forward to the opportunity to help serve their clients. By combining our expertise and resources, we are poised to redefine industry standards and drive positive outcomes for lenders and borrowers alike."

Veri-Tax concentrates solely on verifications of employment and income. This specialization allows them to excel in their domain, offering unparalleled expertise and efficiency to clients. Veri-Tax's commitment to excellence has earned them partnerships with many of the nation's top lenders, who entrust them with 100% of their manual verification needs. By partnering with Veri-Tax, Informative Research gains access to this expertise and reputation, further solidifying its position as a leading provider of credit and verification solutions in the mortgage industry.

About Informative Research:

Informative Research, a Stewart company, is a leading technology platform that delivers data-driven solutions to the lending community. The solutions provider currently serves mortgage companies, banks, and lenders throughout the United States. The company is recognized for streamlining the loan process with its straightforward service model, progressive solutions, and cutting-edge technology. To learn more, visit https://www.informativeresearch.com/.

About Veri-Tax:

Veri-Tax is a leading national verification specialist sharply focused on offering Verification of Income and Employment, 4506-C Tax Transcripts, and SSN and EIN Verifications. We have been fortunate to have earned the trust and confidence of nearly 1,000 clients and growing including 3 of the top 5 banks in the country and other large, midsized, and smaller banks, credit unions, lenders, fintech players, and other financial services players. Our technology-enabled service is ultimately differentiated by our "customer happiness" culture which guides our strategy, innovation, and execution on each and every single order every day. Visit https://www.veri-tax.com/ or call our Customer Happiness Team at 949-783-2100 to learn more.

Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced the integration of Veri-Tax, the market leader in delivering the industry's fastest verifications, into its proprietary Verification Platform. The integration merges Informative Research's platform with Veri-Tax's verification services so lenders can access advanced validation tools that elevate the accuracy and reliability of borrower information.

Related link: https://www.informativeresearch.com/

Informative Research Announces Mortgage Lenders Using Fannie Mae’s Desktop Underwriter Can Now Validate Income and Employment with AccountChek

GARDEN GROVE, Calif. /ScoopCloud/ -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced that lenders using Fannie Mae's Desktop Underwriter® (DU®) can now leverage a 12-month asset verification report to validate income and employment in addition to assets with a single asset report. By using direct deposit banking data to evaluate income and employment, lenders can streamline processes and improve the borrower experience.

"AccountChek has long been a trusted source of data to validate a consumer's assets, rent payments and cash flow, and now with the ability for lenders to leverage bank account data for the purpose of validating a consumer's income and employment in DU, we offer even greater value to our customers," said Informative Research Head of AccountChek Brian Francis. "By allowing DU users to leverage one report to satisfy multiple verification needs, Fannie Mae has provided lenders with a tremendous lift in terms of productivity and expense management [1]. Additionally, lenders do not have to order a special report to participate in this program, as AccountChek already provides the needed transaction data to DU in the existing asset report."

Once borrowers have authorized access to their financial information via AccountChek, the system retrieves the relevant information - including income deposits, expenses, and account balances - and generates a comprehensive report summarizing the data. This data is shared with the lender's point-of-sale platform and/or loan origination system, and in the AccountChek dashboard. AccountChek's direct integration with DU ensures the necessary data flows into DU as part of the loan submission to analyze income and employment eligibility along with assets.

In addition to improving operational efficiency and lowering costs, using a single source of data for assets, income and employment verification may also help lenders:

* Streamline large deposit verification by reducing documentation requirements.

* Enhance the borrower experience by reducing the documents borrowers have to provide, which could increase the chances of securing borrowers' business.

* Achieve Day 1 Certainty® through relief from representation and warranties when income, employment, and/or asset information is validated, which may increase loan quality and reduce repurchase risk.

"With DU, lenders can now get even more benefits from using a single 12-month asset report," said Peter Skarnulis, Fannie Mae Vice President, Business Account Management Solutions. "We continue to look for ways to help lenders streamline their validation processes and improve the borrower experience, and this latest enhancement helps them do just that."

In addition, lenders may increase the number of borrowers that receive an Approve/Eligible recommendation in DU by assessing eligibility through rent payment identification and a cash flow assessment.

"We're constantly looking for ways to innovate in the underwriting space," said Mark Fisher, Fannie Mae Vice President for Credit Risk Solutions. "Now, with a 12-month asset report, DU offers even more value than before, benefiting both lenders and borrowers."

Fannie Mae has established clear guidelines and resources to facilitate the onboarding of lenders into the program, ensuring a seamless transition to streamlined verification processes.

To get started, visit Fannie Mae's webpage, and submit the request form to begin the activation process: http://www.fanniemae.com/singlesource.

About Informative Research

Informative Research, a Stewart company, is a leading technology platform that delivers data-driven solutions to the lending community. The solutions provider currently serves mortgage companies, banks, and lenders throughout the United States. The company is recognized for streamlining the loan process with its straightforward service model, progressive solutions, and cutting-edge technology. To learn more, visit https://www.informativeresearch.com/.

CITATIONS:

[1] In a survey of pilot lenders, 50% saw some level of cost savings over their existing third-party report costs. Customer results may vary.

GARDEN GROVE, Calif., March 7, 2024 (SEND2PRESS NEWSWIRE) -- Informative Research, a leading technology platform that delivers data-driven solutions to the lending community, announced that lenders using Fannie Mae's Desktop Underwriter® (DU®) can now leverage a 12-month asset verification report to validate income and employment in addition to assets with a single asset report. By using direct deposit banking data to evaluate income and employment, lenders can streamline processes and improve the borrower experience.

Related link: https://www.informativeresearch.com/

Floify announces launch of verification of income and employment waterfall technology

BOULDER, Colo. /ScoopCloud/ -- Floify, the mortgage industry's leading point-of-sale solution and subsidiary of Porch Group, Inc. ("Porch Group") (NASDAQ: PRCH), today announced the launch of verification of income (VOI) and verification of employment (VOE) waterfall technology. The new features will help lenders and brokers save time and reduce costs during the loan origination process.

Running employment and income verification reports is an important yet expensive step in the mortgage process and designed to reduce loan risk during underwriting. The new VOI and VOE features in the Floify platform enable mortgage professionals to view the results of multiple verification reports from different providers, starting with the least expensive, rather than having to run each one individually. This is expected to save Floify clients time while also realizing cost savings.

"We are pleased to launch the VOI and VOE waterfall with Informative Research. This unique technology will help our clients reduce costs, which is especially important today as verification-related fees increased significantly in the past three years," said Sofia Rossato, Floify's president and general manager. "As an added benefit, because these waterfalls can be run within the Floify platform, our clients can bypass loan origination system add-on fees that often come with enabling new features."

"The Floify and Informative Research VOE/I waterfall solution helps us accelerate the application-to-close timeline while delivering significant cost reductions to our branches and clients," said John Norris, vice president of technology and innovation at Benchmark Mortgage, a Dallas-based mortgage lender.

"Informative Research's Verification Waterfall and AccountChek technologies work together with Floify's platform to enhance the asset, employment and income verification processes. The partnership seeks to eliminate redundant orders and to streamline what used to be a cumbersome procedure for lenders," said Craig Leabig, SVP of marketing and product management for Informative Research.

To learn more about Floify, please visit https://floify.com/.

About Floify:

Floify is a digital mortgage automation solution that streamlines the loan process by providing a secure application, communication, and document portal between lenders, borrowers, referral partners, and other mortgage stakeholders. Loan originators use the platform to collect and verify borrower documentation, track loan progress, communicate with borrowers and real estate agents, and close loans faster. The company is based in Boulder, Colorado and is a subsidiary of Porch Group, Inc. ("Porch Group") (NASDAQ: PRCH). For more information, visit the company's website at https://floify.com/ or on social media at Facebook, LinkedIn, or Twitter / X.

About Informative Research:

Informative Research, a Stewart company, is a leading technology platform that delivers data-driven solutions to the lending community. The solutions provider currently serves over 3,000 mortgage companies, banks and lenders throughout the United States. The company is recognized for streamlining the loan process with their straightforward business model, progressive solutions and cutting-edge technology. Learn more at https://informativeresearch.com/.

Forward-Looking Statements:

Certain statements in this release may be considered "forward-looking statements" within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. Although the Company believes that its plans, intentions, and expectations reflected in or suggested by these forward-looking statements are reasonable, the Company cannot assure you that it will achieve or realize these plans, intentions, or expectations. Forward-looking statements are inherently subject to risks, uncertainties, assumptions, and other factors which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. Generally, statements that are not historical facts, including statements concerning the Company's possible or assumed future actions, business strategies, events, or results of operations, are forward-looking statements. These statements may be preceded by, followed by, or include the words "believes," "estimates," "expects," "projects," "forecasts," "may," "will," "should," "seeks," "plans," "scheduled," "anticipates," "intends," or similar expressions.

These forward-looking statements are based upon estimates and assumptions that, while considered reasonable by Porch and its management at the time they are made, are inherently uncertain. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (1) expansion plans and opportunities, and managing growth, to build a consumer brand; (2) the incidence, frequency, and severity of weather events, extensive wildfires, and other catastrophes; (3) economic conditions, especially those affecting the housing, insurance, and financial markets; (4) expectations regarding revenue, cost of revenue, operating expenses, and the ability to achieve and maintain future profitability; (5) existing and developing federal and state laws and regulations, including with respect to insurance, warranty, privacy, information security, data protection and taxation, and management's interpretation of and compliance with such laws and regulations; (6) the Company's reinsurance program, which includes the use of a captive reinsurer, the success of which is dependent on a number of factors outside management's control, along with reliance on reinsurance to protect us against loss; (7) uncertainties related to regulatory approval of insurance rates, policy forms, insurance products, license applications, acquisitions of businesses or strategic initiatives, including the reciprocal restructuring, and other matters within the purview of insurance regulators; (8) reliance on strategic, proprietary relationships to provide the Company with access to personal data and product information, and the ability to use such data and information to increase transaction volume and attract and retain customers; (9) the ability to develop new, or enhance existing, products, services, and features and bring them to market in a timely manner; (10) changes in capital requirements, and the ability to access capital when needed to provide statutory surplus; (11) the increased costs and initiatives required to address new legal and regulatory requirements arising from developments related to cybersecurity, privacy, and data governance and the increased costs and initiatives to protect against data breaches, cyber-attacks, virus or malware attacks, or other infiltrations or incidents affecting system integrity, availability and performance; (12) retaining and attracting skilled and experienced employees; (13) costs related to being a public company; and (14) other risks and uncertainties discussed in Part I, Item 1A, "Risk Factors," in the Company's Annual Report on Form 10-K for the year ended December 31, 2022, and in Part II, Item 1A, "Risk Factors," in our Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, as well as those discussed in subsequent reports filed with the Securities and Exchange Commission ("SEC"), all of which are available on the SEC's website at www.sec.gov.

Nothing in this release should be regarded as a representation by any person that the forward-looking statements set forth herein will be achieved or that any of the contemplated results of such forward-looking statements will be achieved. You should not place undue reliance on forward-looking statements, which speak only as of the date of this release. Unless specifically indicated otherwise, the forward-looking statements in this release do not reflect the potential impact of any divestitures, mergers, acquisitions, or other business combinations that have not been completed as of the date of this release. Porch does not undertake any duty to update these forward-looking statements, whether as a result of changed circumstances, new information, future events or otherwise, except as may be required by law.

Floify, the mortgage industry's leading point-of-sale solution and subsidiary of Porch Group, Inc. ("Porch Group") (NASDAQ: PRCH), today announced the launch of verification of income (VOI) and verification of employment (VOE) waterfall technology. The new features will help lenders and brokers save time and reduce costs during the loan origination process.

Related link: https://floify.com/

SimpleNexus Partners with Informative Research to Expand Credit Integration Options for Its Mortgage Lender Customers

LEHI, Utah /ScoopCloud/ -- SimpleNexus (https://simplenexus.com/), developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced an integration with Informative Research (https://www.informativeresearch.com/), a Tier-1 CRA and fintech leader in delivering a range of origination solutions for the mortgage industry. The integration puts new credit solutions in the hands of loan originators using the SimpleNexus digital mortgage app.

SoftQual by Informative Research is a pre-qualifying solution that enables SimpleNexus users to collect credit data via a "soft" inquiry before extending a firm offer of credit to loan applicants. Each SoftQual report contains all the information lenders need to match applicants to the right loan options - including a complete FICO(r) score, high credit limits and current account statuses - but costs significantly less than a full credit report. And because SoftQual inquiries are not recorded in applicants' credit histories, they do not affect borrowers' FICO scores and cannot be seen by competing mortgage firms that might try to undercut the original lender's loan offer.

In addition to SoftQual, SimpleNexus customers can also order a full TriMerge Credit Report from Informative Research that consolidates data from all three credit bureaus - Equifax, Experian and TransUnion - and meets the underwriting requirements of Fannie Mae and other leading mortgage investors.

"Mortgage originators invest a great deal of time in cultivating relationships with their loan applicants, so the last thing they need is for competitors to start reaching out to their prospects with offers," said Renae Sherman, VP of business development at Informative Research. "SoftQual solves that problem and simultaneously helps lenders lower the upfront cost associated with qualifying borrowers."

"SimpleNexus is built to give lenders the flexibility they need to work with their preferred third-party service providers," said SimpleNexus COO Ben Miller. "We are pleased to enhance our lineup of credit integration options with trusted and cost-effective solutions from Informative Research."

SimpleNexus empowers more than 20,000 loan officers to "do more" while serving more than 220 mortgage companies, including 15 of the top 25 retail lenders in the United States. For more information, visit https://simplenexus.com/domore.

About Informative Research

Informative Research is a fintech leader that offers lenders a wide range of solutions for each step in the loan cycle. Their solutions include the TriMerge Credit Report, Trended Credit Data, CreditXpert Solutions Suite, Flood Certifications, 4506-Ts, and their cost-effective SoftQual solution, which has been proven to save lenders up to 70% on credit report costs. As the only company in their market space with 3 security certifications, IR is committed to protecting consumer data and the lenders' process so you can maximize your time and profits. Go to https://www.informativeresearch.com for more details on how you can simplify your success with one vendor, less fees, and better service.

About SimpleNexus, LLC:

SimpleNexus is the digital mortgage platform that enables lenders to originate and process loans from anywhere. The company's best-in-class, easy-to-use app connects loan officers to their borrowers and real estate agents to easily communicate and exchange data in a single location throughout the entire loan life cycle. Loan officers can manage their loan pipelines, order credit, run pricing, send pre-approvals and sign disclosures - all on the go.

Twitter: @SimpleNexus #digitalmortgage #FICO #creditscore #prequalification #InformativeResearch

SimpleNexus, developer of the leading digital mortgage platform for loan officers, borrowers and real estate agents, today announced an integration with Informative Research, a Tier-1 CRA and fintech leader in delivering a range of origination solutions for the mortgage industry.

Related link: https://simplenexus.com/