News & Events

  • The Work Number Introduces New Outsourced Verification Service

    The company has launched two new automated products: AuditChek and AccountChek.
    AuditChek enables lenders to computerize direct retrieval and authentication of executed tax transcripts (4506-T), SSA identity verification or proof of employment and income using The Work Number, and to make that information available throughout the loan life cycle (or within a broker network). AccountChek was developed to automate the process of deposit and asset verification, providing an electronic confirmation of a borrower’s account balance and analysis of transaction history without direct manual interaction of the borrower’s banking or other financial institution.

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  • The Work Number Introduces New Services That Redefine Outsourced Verifications

    The Work Number® announced today the introduction of new services and enhanced functionality within its industry-leading outsourced verification solution.
    Following the recent introduction of the industry's first automated retro income verification solution, Point In Time™, the company has launched two new automated products: AuditChek(SM) and AccountChek.

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  • The Work Number Introduces New Verification Services

    The Work Number, a service of Equifax, and a source for employment, income and deposit verifications, has launched two new automated products: AuditChek and AccountChek.
    AccountChek was developed to automate the process of deposit and asset verification, providing an electronic confirmation of a borrower’s account balance and analysis of transaction history - without the direct manual interaction of the borrower’s banking or other financial institution.

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  • Equifax Acquires Rapid Reporting

    Combination Will Increase Credit Transparency, Improve Fraud Management
    Equifax Inc. today announced it has acquired Rapid Reporting Verification Company, a privately-held national provider of IRS tax transcript information and social security number authentication services. The addition of Rapid Reporting will enhance Equifax’s ability to provide lenders with improved products, quality and services to help them better control fraud.

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  • Rapid Reporting Releases Verification of Deposit Service

    Rapid Reporting has launched AccountChek, an electronic verification of deposit service.
    The AccountChek service leverages direct access to more than 10,000 financial institutions, including insurance and investment firms, to confirm the accuracy of borrower-provided account information, the vendor says.

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  • Rapid Reporting Launches Service to Prevent Account-Based Fraud

    The ability to verify a borrower's bank account information can make a huge impact on whether that borrower is qualified for a mortgage.
    Rapid Reporting's newly unveiled AccountChek leverages direct access to more than 10,000 financial institutions, including insurance and investment firms, to definitively confirm the accuracy of borrower-provided account information.

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