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MortgagePoint August 2024

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MortgagePoint » Your Trusted Source for Mortgage Banking and Servicing News 12 August 2024 M T E C H With these enhancements and mod- ifications, lenders can choose the solu- tions they need and the time frame that is most effective for both the borrower and the lender, helping provide a faster time to close and more lender flexibility. Each solution also benefits from the industry-leading security capabilities of Equifax, helping ensure that both borrowers and lenders can be confident their information is protected. "In today's mortgage market, our cus- tomers need solutions that drive speed and reduce fallout," said Chris Mock, VP of Mortgage Verification Services at Equifax Workforce Solutions. "Lenders that utilize automated mortgage verification solutions can better provide the type of fast and seamless purchase process that home- buyers have come to expect. And with the variety of solutions available from Equifax, lenders can choose just the records they need to lend confidently." Through The Work Number database, Equifax is the industry-leading commer- cial source of consolidated employment information in the United States. This data can help credentialed verifiers with a permissible purpose—such as mortgage lenders—instantly verify potential borrow- ers' employment and income, enabling a streamlined mortgage process. NATIONAL ASSOCIATION OF REALTORS ANNOUNCES PARTNERSHIP WITH RENTREDI T he National Association of Real- tors has announced RentRedi as a new partner with NAR Realtor Benefits. RentRedi offers an award-win- ning, comprehensive property manage- ment platform that simplifies the renting process for landlords and renters by automating and streamlining processes. As part of the agreement, NAR mem- bers can receive an exclusive six-month RentRedi subscription for $1, plus the opportunity to lock in a 50% discount on service renewals every six months. "This partnership with RentRedi en- hances our members' ability to manage properties with efficiency and ease," said Rhonny Barragan, NAR VP of Strategic Alliances. "We are committed to provid- ing our members with essential tools that support their professional growth and operational success." Once signed up and subscribed, RentRedi users can start collecting rent, listing units, screening tenants, signing leases, managing repairs, signing up for accounting, and more. "As an industry leader, it's important for RentRedi to align with other best- in-class industry leaders such as NAR," said Ryan Barone, CEO and Co-Founder of RentRedi. "Working alongside NAR opens the door to many collaborative ini- tiatives, including positioning RentRedi as the go-to property management tool for real estate agents and their clients."

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