<style type="text/css"> .wpb_animate_when_almost_visible { opacity: 1; }</style>
Envestnet | Yodlee to Integrate Risk Insight Solutions With Fannie Mae's Desktop Underwriter® Validation Service

REDWOOD CITY, Calif., Oct. 23, 2017 /PRNewswire/ -- Envestnet | Yodlee (NYSE: ENV), a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services, today announced its integration with Fannie Mae through a pilot program to digitally validate borrowers' assets. Fannie Mae will leverage Envestnet | Yodlee's Risk Insight Solutions to fuel the Day 1 Certainty™ validation of assets offering, which gives lenders a faster and simplified borrower experience.

 (PRNewsfoto/Envestnet | Yodlee)

The Envestnet | Yodlee Risk Insight Solutions are designed to supplement traditional credit reports by utilizing consumer permissioned aggregated data from over 16,000 sources, including banking, investment, loan, and credit card information. Factoring in this data can produce a far more holistic, comprehensive, and verified view of a consumer's financial picture than any other method available today.

Fannie Mae's Day 1 Certainty enables more efficient risk management and freedom from representations and warranties for components such as income, assets and employment. The addition of the Envestnet | Yodlee Risk Insight Solutions and the data intelligence it provides will enhance customer evaluations for Fannie Mae clients.

"Fannie Mae is transforming the mortgage experience for both borrowers and lenders, and we're proud to be a part of this digital mortgage transformation they are helping to create," says Mike Burger, Vice President of Product Management at Envestnet | Yodlee. "We're also pleased to offer the benefits of Fannie Mae's Day 1 Certainty to our Risk Insight Solutions clients."

To learn more about the Envestnet | Yodlee Risk Insight Solutions, please visit https://www.yodlee.com.

About Envestnet
Envestnet, Inc. (NYSE: ENV) is a leading provider of intelligent systems for wealth management and financial wellness. Envestnet's unified technology enhances advisor productivity and strengthens the wealth management process. Envestnet empowers enterprises and advisors to more fully understand their clients and deliver better outcomes.

Envestnet enables financial advisors to better manage client outcomes and strengthen their practices. Institutional-quality research and advanced portfolio solutions are provided through Envestnet | PMC, our Portfolio Management Consultants group. Envestnet | Yodlee is a leading data aggregation and data analytics platform powering dynamic, cloud-based innovation for digital financial services. Envestnet | Tamarac provides leading rebalancing, reporting, and practice management software for advisors. Envestnet | Retirement Solutions provides retirement advisors with an integrated platform that combines leading practice management technology, research and due diligence, data aggregation, compliance tools, fiduciary solutions and intelligent managed account solutions.

More than 57,000 advisors and 2,900 companies including: 16 of the 20 largest U.S. banks, 39 of the 50 largest wealth management and brokerage firms, over 500 of the largest Registered Investment Advisers, and hundreds of Internet services companies, leverage Envestnet technology and services. Envestnet solutions enhance knowledge of the client, accelerate client on-boarding, improve client digital experiences, and help drive better outcomes for enterprises, advisors, and their clients.

For more information on Envestnet, please visit www.envestnet.com and follow @ENVintel.

SOURCE Envestnet | Yodlee

For further information: Jenna Cheng, 1-650-980-3691, jcheng@yodlee.com

print email rss