Mortgage solutions provider Floify is now going to go toe-to-toe with Equifax‘s oft-maligned workplace verification provider The Work Number, which has been criticized by mortgage lenders and regulators for years of cost increases.
Floify is the first point-of-sale system (POS) to introduce a native electronic verification of income and employment service, Sofia Rossato, the president of Floify, said in an interview with HousingWire. It is powered by Argyle, which is an authorized report supplier to Fannie Mae and Freddie Mac‘s underwriting engines. Argyle reaches approximately 90% of employers in America.
Floify’s new product, called Floify Verify, allows lenders to details ⇒
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