The overlooked notarizations quietly slowing mortgage workflows
Lenders are modernizing the closing process with digital tools, but notarization outside closing events remains a challenge, slowing loan velocity and increasing compliance risks.
Plaid integrates Home Lending Report into Encompass
Plaid's account-linking verification method replaces manual document collection in mortgage applications, achieving 80% borrower completion rates and reducing lender follow-up requests while providing current financial data within the Encompass platform.