Third Party BestPractices^SM

Having sound and effective controls in place for evaluating, approving, and monitoring brokers, correspondents, appraisers, builders, and closing agents will help ensure investment quality loans.  Great depth. More verifications. More relevance. -All terms that can be used to describe First Line Data's web-based, Third Party BestPractices^SM platform. With an average turn-around time of 24 hours, institutions receive more relevant information with greater depth, along with a higher number of current verifcations. At the current time, today's "instant" business reports contain stale or fragmented information and fail to provide a solid decison-making foundation for third party approvals or that can stand up to audit scrutiny.

Third Party BestPractices^SM reports affirm the best of breed approach by combining the highest level of depth in a fast delivery time.  Institutions can achieve maximum savings over labor intensive in-house verification from disparate sources by utilizing the Third Party BestPractices^SM web platform to request and retrieve comprehensive information on third party businesses. First Line Data's Third Party BestPractices^SM effectively fills the gap between inadequate "instant" reports and impractical reports that take 3-10 days to receive. This results in the institution receiving the highest value report available in today's market.