RED
BANK, N.J., July 25,
2024 /PRNewswire/ -- Halcyon, the innovative leader
in digital IRS integrated income verification solutions, and
CoreLogic®, a global property information, analytics,
and data-enabled solutions provider, announced a new collaborative
alliance. This integration aims to revolutionize the income
verification process in the lending and mortgage industry, offering
unparalleled efficiency, accuracy, and compliance.
Halcyon's Tax Wallet is a cutting-edge solution designed to
streamline the IRS income verification process, providing faster,
better, and more cost-effective services. Recognized for its
exceptional performance, Tax Wallet has received representation and
warranty approval from both Freddie Mac and acceptance from Fannie
Mae's Digital Underwriter, making it a trusted tool for banks,
credit unions and mortgage bankers nationwide. This solution is the
fastest, most efficient, and inexpensive income transcript solution
on the market, reflecting both companies' focus on serving the
underserved market while lowering costs for both the consumer and
lenders.
Kirk Donaldson, CEO of
Halcyon, expressed his enthusiasm for the alliance: "We are
thrilled to join forces with CoreLogic, a company that shares our
commitment to innovation and excellence. This collaboration
leverages CoreLogic's extensive reach and our advanced technology
to provide unparalleled value to the mortgage industry. Together,
we are setting a new standard for income verification
solutions."
CoreLogic, renowned for its comprehensive property data
and analytics, stands at the forefront of the lending and
verification space. With a robust portfolio that supports the
entire mortgage lifecycle, CoreLogic's solutions are integral to
the decision-making processes of financial institutions, real
estate professionals, and insurance companies. CoreLogic's
commitment to innovation and excellence has solidified its position
as a market leader, trusted by industry giants and
stakeholders.
Through this strategic alliance, CoreLogic will offer Halcyon's
Tax Wallet, integrating its advanced income verification
capabilities with CoreLogic's extensive suite of services. This
collaboration ensures that lenders have access to the most reliable
and efficient tools for income verification, enhancing the accuracy
and speed of the mortgage approval process.
"This collaboration with Halcyon aligns with our mission to
deliver comprehensive and reliable solutions to our clients," said
Praveen Chandramohan, Senior Vice President, Origination
Growth Solutions at CoreLogic. "Halcyon's Tax Wallet is a
game-changer in the income verification space, and we are glad to
offer this technology to our customers via the CoreLogic
AutomatIQ® Borrower® platform, enhancing
their efficiency and compliance in the mortgage process."
This synergistic effort underscores the commitment of both
Halcyon and CoreLogic to drive innovation and provide superior
solutions in the mortgage industry. By combining their strengths,
they are poised to deliver exceptional value and set a new
benchmark for income verification services.
For more information about Halcyon's Tax Wallet and CoreLogic's
suite of services, please visit www.halcyonsw.com and
www.corelogic.com.
CORELOGIC, the CoreLogic logo and AutomatIQ are trademarks of
CoreLogic, Inc. and/or its subsidiaries. All other trademarks are
the property of their respective owners.
Media Contact:
Bridget Trevino
bridget.trevino@halcyonsw.com
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SOURCE Halcyon