Loveland, Colorado, May 10, 2018
Factual Data, one of the nation’s premier providers of credit and data validation services to the mortgage lending industry, is teaming with Tavant to provide comprehensive consumer credit history within Tavant VΞLOX – the leading AI powered digital lending platform..
Tavant VELOX suite provides mortgage applicants the ability to manage their borrowing experience seamlessly by entering their information on mobile or desktop devices and routing that information directly to a loan officer. Lenders will have the ability to integrate Factual Data’s industry-trusted borrower credit information into the loan profile through Tavant’s digital mortgage hub.
For lenders, VELOX represents a single interface that engages consumers and lenders in an immersive experience, providing real-time status and process updates.
“This collaboration provides customers with an easy and efficient process for seeking a mortgage,” said Factual Data President Jay Giesen. “It also benefits loan officers by quickly providing them with a rich set of credit data needed to make an informed decision.”
“We are excited to partner with Factual Data as they look to help borrowers with one of life’s most important purchases. Factual Data and Tavant have a shared vision to bring a straightforward, more transparent digital lending experience to more borrowers than ever before,” said Tavant Vice President and Head of Consumer Lending Practice Mohammad Rashid.
Factual Data is a trusted provider of credit, risk mitigation, flood, and verification services to the mortgage industry. Leveraging innovative technology and deep industry experience, Factual Data simplifies the mortgage lending process for its customers and their borrowers. For information, please call 800-275-3389 or visit www.factualdata.com.
Tavant VELOX is the industry’s leading AI digital platform that maximizes the use of data-driven processes in the automation of the loan origination lifecycle. It brings true digital disruption to the mortgage industry with an immersive omnichannel experience and high-velocity execution: from loan discovery to loan funding to loan servicing.
Headquartered in Santa Clara, California, Tavant Technologies is a digital products and platforms company that provides impactful results to its customers across North America, Europe, and Asia-Pacific. Founded in 2000, the company employs over 2500 people and is a recognized top employer. Tavant is creating an AI-powered intelligent lending enterprise by reimagining customer experiences, driving operational efficiencies and improving collaboration.
Find Tavant Technologies on LinkedIn and on Twitter.
Factual Data: Chris Horn, (970) 619-7017 or email@example.com
Tavant Technologies: Vibhor Mishra, (408) 519-5400 or firstname.lastname@example.org