The DataVerify DRIVE platform is designed to meet your specific risk concerns through deeply configurable reports — all on a single platform. It instantly compares information across multiple data sources to alert you when variances or risk may occur in the loan file. The platform even features a complete audit trail to track changes by date and time the adjustment was made, and by whom.
Reports from the DataVerify DRIVE platform can be tailored to suit your lending organization's unique needs.
We’ll work with you to determine if your current verification workflow can be enhanced to align with your processes.
Mitigate fraud with tools for identity, income, and employment verification. Reduce risk in lending by utilizing in-platform integrations with DataVerify affiliates for Undisclosed Debt Monitoring, Credit Reports, and Flood Zone Determinations.
Confirm that your borrower’s personal information — including name, date of birth, Social Security number — corresponds with the data provided in the loan application.
Confirm that the borrower currently lives where they claim to, mitigating the risk of occupancy fraud.
Identify debt and loans that may not have been disclosed by the applicant.
Evaluate crucial documents and reports such as real estate ownership, credit reports*, debt-to-income ratio, and undisclosed debt.
Gain an understanding of your applicants’ financial stability and capacity to repay a mortgage loan employment data validation, and checks for undisclosed self-employment or alimony.
Maintain compliance, protect consumers, and mitigate risk by helping to ensure state and federal licensing requirements are met.
Receive an assessment of the market value of the property in question from a proprietary automated valuation model (AVM) or licensed property valuation expert, identify ‘subject to’ properties, or evaluate flip or foreclosure risk in the area.
Manage all watchlists required to originate loans, including investor, internal, and government lists for such activities as money laundering, terrorism financing and fraud.
Verify relevant property details, conduct market analysis, and assess the value of collateral.
Determine if the property is located in a high-risk flood zone to help mitigate risk, meet insurance and regulatory requirements, and meet internal loan approval conditions.
Uncover REO properties, undisclosed real estate, foreclosure history, bankruptcies, liens, and judgments.
*Service provided by DataVerify affiliate
**Service provided by The Work Number
DataVerify integrates with over (number) LOS and POS platforms. Use what works for you.
