Our goal is to automate the manual underwriting process of verifying the application information, the identity of the borrower, and the associated collateral within the loan file in order to simplify your process, connect the dots, and help reduce risk.
Assesses the severity of risk and likelihood of identity misrepresentation with:
SSA verifications may be ordered separately.
* Service provided by an affiliate company.
Identifies potential misrepresentation of occupancy, employment, and income:
* 4506 IRS Transcripts & VOE/VOI reports may be ordered separately.
Evaluates risk associated with the collateral and surrounding market:
At DataVerify, risk mitigation is at the heart of what we do. Our smart technology is able to identify nuances in a loan that many other solutions would miss. Not only do we look for possible fraud but we also highlight possible risks that the lenders may be exposing themselves to in a loan. Our risk team is dedicated to studying fraud trends and emerging schemes--allowing us to react quickly to changes in the marketplace. We also offer lenders the ability to configure specific rules in our platform to better fit their business model.