The borrower may choose to Verify Assets Securely in two (2) places within the Consumer POS (CPOS).
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Assets tab
-
Your Tasks tab
Assets
- Borrower's will first have the option to Verify Assets Securely within the Assets page after entering the name of their financial institution while working through their application.
- The borrower must select Verify Assets Securely in order for the eVerification workflow to initiate.
The Bank Statements page will populate and the user will be given the option to enter their financial institution Username and Security Password
Once the credentials are entered the system will reach out to FormFree to populate the banking information.
Formfree will then return the verified accounts for the borrower to view within the application upon a successful request/response.
Your Tasks
- IF the borrower does not choose to Verify Assets Securely within the Assets tab the first time around by selecting Manually Enter Your Assets they will later be asked to Link Account within the "Your Tasks" section.
By clicking Link Account the process highlighted within the Assets section of this article will initiate.
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