
"Today's integration with AIM Check API will enable lenders to use the AutomatIQ Borrower Income Analysis solution to obtain and transmit digitized pay stub and W-2 data for LPA's automated assessment of income and employment."
"Using Cotality's AutomatIQ Borrower Income Analysis, lenders can quickly assess a borrower's income by looking at pay stubs, W-2s, and variable pay, such as commissions, bonuses, and overtime, in a single workflow."
Cotality's integration with the AIM Check API introduces the AutomatIQ Borrower Income Analysis, enabling lenders to obtain digitized income data from pay stubs and W-2s. This streamlines the income assessment process for employment verification through LPA. Senior Director Sri Gajjala emphasized the goal of empowering lenders to enhance the home-buying experience. The innovative approach aims to increase efficiency, reduce risks, and ultimately facilitate a smoother mortgage process for both lenders and borrowers, corroborated by Daniel Miller's commitment to digital advancements in the industry.
Read at www.housingwire.com
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