Our comprehensive report identifies key factors of potential fraud within your borrower loan application by comparing against a massive network of consumer, property and corporate information. Our single page summary allows for a fast review of problem areas and includes a borrower ID risk score as well as a report status with a running tally of outstanding alerts.
Alerts are clearly displayed throughout the FIT Report within the screening summary, clearing summary, and detail report. Each alert links directly to the Partners clearing tool where users can address individual alerts or cycle through all alerts, clearing one by one. The clearing tool lists the total number of alerts along with the total alerts outstanding, with all cleared alerts being reflected as “Cleared” and green go flag associated with the individual alert.
Complies with the FACT Act Red Flag Rules, detecting borrower ID discrepancies and other red flag alerts, aiding you in maintaining an effective Red Flag.
Verify the borrower’s declaration of property by identifying the servicer associated with the borrower’s mortgage loan registered on the MERS system.
Searches billions of public records to confirm the borrower’s identification information making sure your borrower is who they say they are.
Provides thorough information validating the subject property address and dwelling type.