PITTSBURGH–(BUSINESS WIRE)–Factual Data®, a leading provider of credit and verification services for the lending industry, today announced a new integration of its credit reporting services with Abrigo, a leader in fintech providing compliance, credit risk and lending software solutions.
“As interest rates rise and pundits talk of a potential recession, it’s important for lenders to find efficiencies wherever they can,” said Senior Vice President of evidence, Reno D’Water. “Integrating factual data with Abrigo helps conserve resources by ordering credit reports and performing other lending operations in a unified space.”
With Abrigo’s lending software, financial institutions can reduce data entry, simplify document collection, leverage rapid analysis, and gain greater visibility into the sales pipeline with an integrated CRM. By integrating with factual data, Abrigo now offers lenders a seamless way to access credit reports from multiple offices, as well as lien and judgment data, all from within the Abrigo platform.
“It’s easy to see the operational benefits of an integration that enables a more efficient loan assessment process,” said Abrigo President Jay Blandford. “What’s even more exciting is when it allows loan officers to spend more time focusing on the borrower experience – an increasingly important aspect of the lending process.”
About Factual Data
Factual Data offers a diverse portfolio of essential consumer credit and verification services to the mortgage community and their consumers. Leveraging a proprietary platform with direct connections to GSEs and a full list of interfaces to major LOS and POS systems, Factual Data has the technical capability and expertise to stay at the forefront of the digital mortgage ecosystem and emerging technologies. For more information, visit www.factualdata.com and follow us on social media on LinkedIn.
Abrigo enables US financial institutions to support their communities with technology that fights financial crime, increases lending and deposits, and optimizes risk. Abrigo’s platform centralizes institution data, creates a digital user experience, ensures compliance, and delivers efficiency for large-scale, profitable growth. Visit www.abrigo.com to find out more. Follow Abrigo on social media using @WeAreAbrigo.