First Line Data News

FLD Produces Reports for CFPB Compliance

February 20, 2013

National mortgage fraud prevention company, First Line Data, has begun promoting it’s Closing Agent Insight, Know Your Employee Report, and Loan Officer Screening Report in order to provide its customers with the proper tools needed for CFPB compliance. The reports are designed to be more streamlined and cost-effective than other market alternatives that charge $99 or more for a background check.

“We made the move to offer these reports to our existing customers so that they can meet their new compliance needs, effectively screening loan officers, closing agents, and employees.  Combined with the third party review reports we already provide, they are able to achieve some cost savings,” said Director of Operations, Kellan Flynn.

About First Line Data
First Line Data, is a leading national provider of business analytic reports to the mortgage industry, offering customized fraud prevention reports for screening third party originators (TPOs), correspondents, warehouse line applicants, closing agents, real estate appraisers, loan officers, and more. The company’s loan quality assurance services include verification reports for borrower identity, income, and employment verification. First Line Data draws on more than 17 years of experience to make powerful and reliable risk-reducing reports accessible to its customers through its one-stop service. For more information, visit About Us.

Media Contact Information
Courtney Smith
First Line Data
303-417-0600 ext. 1107