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The Work Number Introduces New Outsourced Verification Service

The Work Number, St. Louis, introduced new services and enhanced functionality within its 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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