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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.

AuditChek enables lenders to computerize the 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 the direct manual interaction of the borrower’s banking or other financial institution.

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