In mortgage lending, what you don't know will hurt you.
Saying that the mortgage industry has changed is putting it mildly. It's more like a seismic shift with more challenges at every step of the lending process.
Underwriting requirements and regulatory compliance rules seem to change daily. Origination and servicing volumes are volatile, making it difficult to manage staffing and optimize costs. Repurchase demands and insurance claim denials are at an all-time high. The good news is that you can reduce cost and avoid unnecessary risk through a comprehensive verification solution from Factual Data.
Overcome the concerns of default, fraud, and compliance.
Be secure from the threat of fraud and misrepresentations – whether they are deliberate, criminal, or inadvertent. With independent verification solutions from Factual Data, mortgage lenders have access to complete information assurance. We deliver our expertise and operational scale to ensure your files are completed on time and free of fraud and errors, helping you have more control over cost and greater confidence in every lending decision.