Factual Data, Blend add Innovis Early View credit preview to Blend home lending platform
BLND•Blend partnered with Factual Data to add Innovis Early View to its Home Lending suite. The tool screens credit data against lender hard stops early in the application process, aiming to avoid tri-merge reports on files that fail eligibility checks.
1. Early credit screening
Innovis Early View screens Innovis credit data against lender hard stops before a tri-merge report is ordered, aiming to cut origination costs by avoiding reports for files that fail early eligibility checks. The product does not replace tri-merge credit reports required for GSE loan sales.
