Factual Data, one of the nations premier providers of credit and data verification services to lenders nationwide, today announced an integration with Teslar by 3E. The integration will make Factual Datas reports accessible to lenders using Teslars fully integrated loan-tracking capabilities.
Teslar is a robust portfolio management system that aggregates and automates loan and deposit processes into a single system, improving accuracy, saving time and making banks more efficient by improving information accessibility.
Teslar works by importing borrower liability information directly from a credit report and populating it into relevant loan fields. The system pulls an enhanced PDF of the credit report and stores it as a quick link for download. Additionally, the Teslar system is custom configured for each client according to its workflow requirements.
This collaboration combines Factual Datas tier one credit reporting capabilities with the power of Teslars aggregation and automation abilities, said Factual Data President Jay Giesen. Its a combination that makes perfect sense for lenders seeking greater scale and efficiencies from their business solutions.
Too many institutions are dealing with disjointed systems, inefficient processes and outdated technology, said Teslar Founder and CEO, Joe Ehrhardt. At the same time, they are looking for trusted credit data and access to it. This collaboration accomplishes the multi-tiered needs of our clients, regardless of their size.
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About Factual Data
Factual Data is a trusted provider of credit, risk mitigation, flood, and verification services to the mortgage industry. Leveraging innovative technology and deep industry experience, Factual Data simplifies the mortgage lending process for its customers and their borrowers. For information, please call 800-275-3389 or visit www.factualdata.com.
About Teslar by 3E
Teslar helps create highly efficient banks by empowering lenders, streamlining their processes and integrating all their data sources into a single, powerful interface while also maintaining scalability to support growth far into the future. For more information about Teslar by 3E, please call 888.337.3897 or visit www.teslarsoftware.com.