July 07, 2008

July 07, 2008

Inside Mortgage Technology

Funding Suite Comforts Lenders with 48 Hour Income Verification

Among the changes resulting from the difficulties in the mortgage sector, it appears, is greater reliance on potential borrower's tax records to justify a loan. Cogent Road, a provider of Internet-based applications to the mortgage industry, has launched a new feature in Funding Suite, its credit management platform, that enables loan originators to quickly and securely retrieve borrower's tax documents online from the Internal revenue service.

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About Cogent Road
Cogent Road develops Internet-based applications for the mortgage industry, such as Funding Suite®, the industry's first, true Credit Management Platform. Currently utilized by more than 30,000 mortgage professionals nationwide, Funding Suite helps clients qualify more applicants with its unique Intelligent Credit Report and protect applicant data via data suppression and computer access restrictions. For mid to large-sized clients, Funding Suite also offers robust user-level access controls and detailed cost accounting. For more information about Cogent Road, visit www.cogentroad.com. For more about Funding Suite visit www.fundingsuite.com.