GuardianDocs Launches FACTCheck

DENVER – LenderLive Network, an end-to-end mortgage services provider, said its GuardianDocs unit has launched a new solution known as FACTCheck, which is designed to help lenders calculate and validate the income and assets used to determine and prove ability-to-repay (ATR) decisions. FACTCheck uses advanced analytics to review and compare income data residing in a variety of different documents, including IRS 4065 tax transcripts, tax returns, W-2s, 1099s, paystubs and bank statements, the company said.