Vesta Retains Constructing Out Integrations With Equifax’s The Work Quantity

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Mortgage mortgage origination system supplier Vesta continues to construct out its integrations with the addition of employment and revenue verification capabilities from Equifax’s The Work Quantity.

Based in 2020 by Mix veterans Mike Yu and Devon Yang in San Francisco, Vesta introduced a $30 million Sequence A funding spherical final yr. Since then, Vesta has rolled out a collection of product upgrades, together with integrations with credit score reporting service Benefit Credit score in February and revenue verification platform Truework in October.

Yu mentioned Tuesday that the most recent integration with The Work Quantity “marks the start of an thrilling relationship with Equifax,” offering Vesta shoppers with entry to 618 million data from 2.7 million employers.

Mike Yu

“We’re excited in regards to the constructive affect this integration can have on effectivity and outcomes for our clients,” Yu mentioned in a statement. “By offering seamless entry to verified employment and revenue knowledge by way of The Work Quantity, we’re additional enabling a completely digital lending expertise.”

Vesta touts its mortgage origination system’s customizable workflow engine, which the corporate says permits shoppers to configure, replace and automate processes with out writing code. Open utility programming interfaces (APIs) and developer instruments “assist any accomplice throughout the ecosystem,” the corporate says.

Different Vesta mortgage origination system integrations introduced for the reason that firm’s Sequence A elevate embody:

• Fannie Mae Desktop Underwriter, the mortgage large’s automated underwriting system
• Freddie Mac’s automated underwriting system, Loan Product Advisor
• CoreLogic’s suite of property info, client credit score and hazard danger options
• Docutech, a supplier of doc, eSign, eClose and digital-to-print success know-how
• SitusAMC’s ComplianceEase, an automatic mortgage compliance system
• Asurity, a supplier of mortgage compliance know-how
• Factual Data, a supplier of credit score and verification companies

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E mail Matt Carter