The mortgage lending industry has a unique set of verification parameters needed to combat fraud: thorough vetting of mortgage companies that originate loans for lenders and robust verification of borrower identity, employment, and income information, among other data. In addition, fraud occurs with mortgage “insider” companies such as closing agents and appraisers.
Through our accurate and complete mortgage applicant screening & fraud prevention services, First Line Data provides the mortgage industry with the tools it needs to combat fraud at the enterprise level and at the borrower level.
Using our Insight suite of screening reports, mortgage lenders, bankers, and warehouse lenders can select the report that serves the type of entity they are reviewing. The entities could be third party originators (TPOs), correspondents, warehouse line of credit applicants, closing agents or appraisers, or loan officers. We offer a comprehensive Insight information verification and fraud detection reports for each type of entity.