For more than four decades, First American CREDCO has been delivering the most widely available and accepted credit reporting solution in the industry. Today, we offer a variety of customized products for every business
challenge, including comprehensive fraud and compliance solutions that protect you and your business throughout the loan cycle.
It’s Your Business. Protect It.
According to the FBI, mortgage fraud is one of the fastest growing white collar crimes – with reports of such incidences more than quadrupling since 2001. Mortgage fraud refers to a whole host of scams, including those that involve artificially inflating the value of a property. First American CREDCO’s solutions help you:
Your Challenge. Our Solution.
A leader in consumer information services, First American CREDCO offers a wide range of integrated fraud and compliance solutions that address today’s ever-changing local, state and federally mandated requirements.
Comply with CIP, Red Flags Rule, OFAC, USA PATRIOT Act, and other regulatory requirements Monitor loan applicants for potential areas of non-compliance
Protect your business from fraud throughout the loan cycle
Accurately verify applicant identity, income, employment, and more
OBJECTIVE SOLUTION
Comprehensive identity verification OFAC compliance
Domestic and international compliance, including OFAC and BSA/PATRIOT Act Get SSN information direct from the SSA
Customized, detailed fraud analysis of any group of applicants or loans Instant fraud screen
Identity verification score
Comprehensive applicant, agent and property fraud analysis Verify applicant income
Verify applicant employment
ProScan ID ProScan OFAC ProScan XL ProScan SSN ProScan IQ ProScan Alert ProScan Index LoanSafe 4506-T Direct Verification of Employment
Helps satisfy compliance requirements for CIP and the Red Flags Rule
Verifies an applicant’s identity at anytime during the mortgage lending cycle
Easily integrated into your current LOS and other systems
Helps manage compliance risks to avoid fines, business restrictions
Expanded, best match search results from multiple data sources
P R O D U C T
H i g h l i g h t s
First American CREDCO’s ProScan ID provides aconvenient, automated means to help you meet compliance requirements for the Customer Identification Program (CIP) – required by Section 326 of the USA PATRIOT Act – and Red Flags Rule – required by Section 114 and 315 of the FACT Act. Together, they help answer the critical question, “Is your
customer who they say they are?”
Keying off applicant information, ProScan ID accesses multiple data providers and sources to instantly deliver the most accurate applicant verification data available.
CIP & Red Flags Rule
ProScan ID provides a turn-key solution to help you establish processes to meet the compliance requirements in CIP and Red Flags Rule - quickly and easily. CIP requires businesses to form a reasonable belief as to the true identity of each of their customers. Red Flags Rule requires financial institutions to implement an identity theft prevention program. ProScan ID helps satisfy these requirements by verifying the accuracy of your applicant’s Social Security Number (SSN), name and address.
Best Match and Critical Discrepancies
Beyond standard alert products, ProScan ID delivers optimum best match results based on advanced logic and filtering algorithms. It
recognizes and reports a variety of critical discrepancies involving an applicant’s SSN, such as cases where an SSN has been issued to
multiple people; and invalid, deceased or stolen SSN’s. Results also include FACT Act alerts.
Drawing from multiple data sources, ProScan ID organizes data into “Identity Groups” with full data disclosure, making
it easier for you to validate the accuracy of a loan applicant’s information.
For more information on ProScan ID, contact a First American CREDCO sales associate at
(800) 255-0792 or visit us online at www.credco.com.
ProScan ID
Prepared For: Prepared By:
ABC Mortgage Client Loan # : 12-345678B First American CREDCO
123 Main Street Account # : 4XX12 12395 First American Way
Anywhere, CA 90123 Notes : 9210 Poway, CA 92064
Attention: John Jones Tel: (800) 300-3032
Fax: (800) 938-7200
URL: www.credco.com
APPLICANT INFORMATION
Name Address Address Type SSN DOB Age Phone App Ident
SAMPLE, STEVE Current: Previous:
4536 FIRST AMERICAN AVE, TESTSITE, CA 93507
123 EAGLE ROAD, TOMORROW, OR 56789 Own Own
111-22-3333 01/15/1963 (619) 555-0012 APP1
WARNING
SSN REPORTED AS DECEASED
MULTIPLE NAMES HAVE BEEN RETURNED FOR THE INPUT SSN FRAUD ALERT PRESENT
SIGNIFICANT SSN VARIATION
SSN INFORMATION
Deceased Information Submitted SSN Best Match Identity Issue Date Issue State Calculated Issue Age
Date of Death State of Death App Ident
111-22-3333 STEVE SAMPLE 1968 PA 5 02/29/04 AZ APP1
MATCH INFORMATION
Address (associated with first name listed) Item# SSN
# of Entities Reporting SSN
Name
(Best Match Shown First)
Spouse’s
First Name YOB Address Since Reported Date
1 111-22-3333 STEVE SAMPLE STEPHANIE 1963 4536 FIRST AMERICAN AVE
TESTSITE, CA 93507 TEL: 012-345-6789 123 EAGLE ROAD TOMORROW, OR 56789 4307 N 54TH AVE PHOENIX, AZ 85032 06-00 05-99 12-95 01-06 06-00 04-99 2 777-44-6666** 111-22-3333 14 4 STEPHAN R SAMPLEE* STEPHANE SAMPLEE STEPHANE R SAMPLEE STEPHAN R SAMPLE *Fraud Alert present **Different SSN JOSEPHINE 1977 372 SPRUCE ST NASHUA, NH 03063 193 SOUTH AVE TACOMA, WA 98444 10-99 01-03 04-03 10-06
End of ProScan ID Report
4
7
8
9 10
Reference Number: Uniquely identifies & links First American CREDCO’s customer to the consumer
Transaction Identification (TID): A unique 11-digit number that identifies individual transactions, along with the date and time the transaction took place
Prepared For & Prepared By: Important contact information displayed at the beginning of the report for easy reference. Client Loan#: Conveniently located so you can easily match reports with loan documents on file.
Notes: A field that allows you to type additional information for your reference Applicant Information: Displays all submitted applicant information
Warning: Highlights suspicious activities that require further investigation. Displays FACT Act specific messages, multiple SSNs,
1
3
4 5 2
SAMPLE REPORT KEY 4
5
Helps satisfy compliance requirements for OFAC, CIP and Red Flags Rule
Advanced match logic reduces the likelihood of false positives
Simultaneous applicant and co-applicant screening
Helps mitigate repurchase, default and delinquency costs
Delivers fast, easy-to-read results with detailed data when possible matches are found
P R O D U C T
H i g h l i g h t s
First American CREDCO’s ProScan OFAC, as part of youroverall compliance solution, helps ensure that your business doesn’t unknowingly aid in terrorist financing. Specifically, it’s a quick and easy way to help your business satisfy the USA PATRIOT Act’s Customer Identification Program (CIP) and Office of Foreign Assets Control (OFAC) compliance requirements.
Best Match and Critical Discrepancies
ProScan OFAC automatically checks all of your applicants against the OFAC database and, within seconds, returns easy-to-review results. Optimum best match results are delivered based on an advanced matching algorithm that recognizes misspellings, alternate foreign spellings, typographical errors and abbreviations.
CIP Compliance
ProScan OFAC can assist you with Customer Identification Program (CIP) compliance efforts. Part of the USA PATRIOT Act, CIP requires businesses to form a reasonable belief as to the true identity of each of their customers and screen them against government watch lists, such as those maintained by the Office of Foreign Assets Control. ProScan OFAC helps satisfy this requirement,
guarding against money laundering and terrorist financing as well as protecting you from risks associated with non-compliance.
Convenient Integration
Easily integrated into your existing LOS and other systems, ProScan OFAC can be conveniently accessed at any point of
the workflow process, from screening and prequalification, application, and underwriting to post-close/QC and servicing.
For more information on ProScan OFAC, contact a First American CREDCO sales associate at
(800) 255-0792 or visit us online at www.credco.com.
ProScan OFAC
P R O D U C T
H i g h l i g h t s
C o m p r e h e n s i v e A p p l i c a n t I D C o m p l i a n c e S o l u t i o n
First American CREDCO’s ProScan XL provides a comprehensive solution to assist with your overall fraud management and compliance program.
Protect Your Reputation
ProScan XL helps financial institutions and mortgage lenders comply with the Office of Foreign Assets Control (OFAC), Bank Secrecy Act (BSA) and the USA PATRIOT Act. This customizable solution lets you check applicants against more than 25 domestic and international lists of known or suspected terrorists and money launderers.
Search Groups and Watch Lists
1. OFAC: Compliance and screening against the OFAC list of
blocked persons and countries.
2. Homefront: For Customer Identification Program (CIP)
compliance, screens against domestic government lists, such as the FBI lists, Terrorist Exclusion List and the Primary Money Laundering Concern List.
3. PEPS: Politically Exposed Persons database.
4. Extended: International and country-specific lists, such as the
Bank of England, INTERPOL, Monetary Authority of Singapore, World Bank and more.
Convenient Integration
Easily integrated into your existing LOS, ProScan XL can be conveniently accessed at any point of the workflow, from
screening and prequalification, application and underwriting to post-close/QC and servicing.
For more information on ProScan XL, contact a First American CREDCO sales associate at
(800) 255-0792 or visit us online at www.credco.com.
ProScan XL
Assists with federal compliance efforts with OFAC, BSA and the USA PATRIOT Act
Uses an advanced matching algorithm that returns fewer false positives
Recognizes misspellings, alternate foreign spellings, typographical errors and abbreviations
Customized to your needs and risk analysis
Minimizes manual due diligence workload by automatically identifying and indicating false positives
Delivers fast, easy-to-read results with detailed data when possible matches are found
Provides follow-up action steps and the watch list administrator’s contact information in the event a possible match is found
Verify SSN data directly through the Social Security Administration office
Delivers accurate, real-time verification of SSN data
100% fully automated process for instant results
Helps meet your fraud and compliance needs, quickly and conveniently
Convenient, 24/7 online access to SSN verification
P R O D U C T
H i g h l i g h t s
First American CREDCO’s ProScan SSN gives you direct,reliable access to the Social Security Administration (SSA) for exact verification of your applicant’s name and Social Security Number (SSN). ProScan SSN saves you time by delivering real-time accurate verification results, while helping you meet fraud and compliance requirements quickly and conveniently.
Simple, reliable real-time verification
Unlike other SSN verification providers, First American CREDCO’s ProScan SSN is a 100% fully automated online solution. Instantly verify applicant SSN data, 24/7.
Using the convenient online document upload feature, simply upload your signed and dated consent form (Form SSA-89), then key in the corresponding applicant information in the data fields available and click “submit”. The SSA will verify – in real-time – whether or not the information you provided matches or does not match with the SSN data they have on file.
For more information on ProScan SSN, contact a First American CREDCO sales associate at (800) 255-0792 or visit us online at
www.credco.com.
ProScan SSN
Automated SSN verification directly through the SSA
Applicant Name Social Security Number Date of Birth
An easy, convenient ID verification tool that helps satisfy requirements under CIP and Red Flags Rule Helps protect lenders and brokers against fraud and identity theft
Easy-to-read, text-based explanations for any ID inconsistencies
Fraud data merged from all 3 national credit bureaus into one simplified format
Delivered automatically with every credit report
P R O D U C T
H i g h l i g h t s
The FTC estimates that as many as 9 million
Americans have their identities stolen each year.
It’s Your Business. Protect it.
According to the Federal Trade Commission, identity theft is one of the largest white collar crimes in the history of the United States.
Now you can help protect your business, your profits and your clients with ProScan Alert from First American CREDCO. ProScan Alert is designed to help you prevent identity theft before it happens.
Automatically delivered with your applicant’s credit report, ProScan Alert enables you to quickly confirm an applicant’s identity by verifying their Social Security Number, address and telephone number.
Fast Delivery. Comprehensive Data.
Generated in seconds, ProScan Alert delivers either an “all clear” or standardized text-based messages that provide a basic indication of any ID inconsistencies. It merges fraud alert data from one, two or all three national credit bureaus and displays results in one easy-to-read summary format.
FREE Red Flag Summary Report
Included free when you sign up for ProScan Alert, you’ll
automatically get First American CREDCO’s Red Flag Summary – a streamlined report that summarizes critical consumer identity
verification information. The summary report is designed to help you quickly and easily reference pertinent applicant
identity information to help you assess risk, minimize fraud-related losses and maintain compliance with the
Customer Identification Program (CIP) and Red Flags Rule.
For more information on ProScan Alert, contact a First American CREDCO sales associate at
(800) 255-0792 or visit us online at www.credco.com.
ProScan Alert
I d e n t i t y F r a u d A l e r t
An easy, convenient ID verification tool that helps satisfy requirements under CIP and Red Flags Rule Helps protect lenders and brokers against fraud and identity theft Easy-to-read explanations for any ID inconsistencies
3-digit score: the higher the score, the greater the likelihood of identity risk
Delivered automatically with every credit report
P R O D U C T
H i g h l i g h t s
The FTC estimates that as many as 9 million
Americans have their identities stolen each year.
It’s Your Business. Protect it.
According to the Federal Trade Commission, identity theft is one of the largest white collar crimes in the history of the United States.
Now you can help protect your business, your profits and your clients with ProScan Index from First American CREDCO. ProScan Index, a risk-based identity verification tool, is designed to help you prevent identity theft before it happens.
Automatically delivered with your applicant’s credit report, ProScan Index provides a three-digit numeric score (ranging
from 000 to 999) that indicates the level of risk associated with that
applicant – the higher the score, the greater the probability of identity risk.
Fast Delivery. Easy To Read.
ProScan Index helps you quickly confirm an applicant’s identity by verifying their Social Security Number, address and telephone number. Generated in seconds, it provides an ID risk score along with easy-to-read explanations for any ID inconsistencies.
Discrepancies are displayed in a logical, simplified layout for easy interpretation.
FREE Red Flag Summary Report
Included free when you sign up for ProScan Index, you’ll automatically get First American CREDCO’s Red Flag Summary –
a streamlined report that summarizes critical consumer identity verification information. The summary report is designed to
help you quickly and easily reference pertinent applicant identity information to help you assess risk, minimize
fraud-related losses and maintain compliance with the Customer Identification Program (CIP) and Red Flags Rule.
For more information on ProScan Index, contact a First American CREDCO sales associate at
(800) 255-0792 or visit us online at www.credco.com. I d e n t i t y R i s k S c o r e
ProScan Index
Helps protect your business from potential mortgage fraud on new loan applicants
Convenient at-a-glance summary of fraud activity for auditing and evaluation
Compares data against national averages for benchmarking
Helps meet Red Flag, Customer
Information Program (CIP), and Know Your Customer (KYC) requirements
Provides fraud activity by geographic distribution for easy evaluation
Third-party reporting provides reliable, objective data and results
P R O D U C T
H i g h l i g h t s
First American CREDCO’s ProScan IQ report provides acritical step to help you protect your business from the risk of mortgage fraud. One of the most reliable and unique fraud analysis reports available, ProScan IQ gives you a window into the quality of loan application data coming in through one or more of your origination channels.
It’s Your Business. Protect it.
Based on your actual customer loan application data, ProScan IQ is a monthly aggregated report that can help you identify trends in fraud, and mitigate potential risk. We use proven search logic capabilities to analyze your applicant information, identify those that pose a potential risk for mortgage fraud, and present findings in an easy-to-read summary report. Key identity metrics include:
Social Security Number inconsistencies; not issued by SSA; reported as deceased or misused
Names returned that don’t match names submitted FACT Act fraud alert indicator
Consultative Analysis
Our personalized, consultative approach helps you understand critical findings and, more importantly, what they mean so
you can take actionable steps to protect your business from mortgage fraud.
For more information on ProScan IQ, contact a First American CREDCO sales associate at
(800) 255-0792 or visit us online at www.credco.com.
ProScan IQ
Summary of Actual Transaction Volume
February 2008
ProScan ID File Count 300
Summary of Fraud Activity
Files with Red Status Messages - High Risk Files 30 Count of Files based on Red Status Messages
SSN reported as deceased 0 SSN not issued by Social Security Administration 2 SSN issued before year of birth 0 SSN has been reported misused 0 Significant SSN Variation 8 Name(s) returned do not match name submitted 15 FACT Act: Fraud Alert Present 10
Files with Multiple Red Status or High Risk Messages 11
Geographical Distribution of Fraud Activity
Areas with the Highest Number of Red Status or High Risk Files (Based on a five-digit zip code level)
Disclaimer: This report is for illustrative purposes only.
Incidence of High Risk Files (%)
10% 8% 0% 2% 4% 6% 8% 10% 12% 14% 16%
ABC Mortgage National Average
9 8 6 2 1 0 2 4 6 8 10 62707 - Springfield, IL 59715 - Bozeman, MT 59804 - Missoula, MT 59937 - Whitefish, MT 59847 - Lolo, MT
Zip Codes - City and State
# of Hi gh Ri s k Fi le s
Simplifies fraud risk analysis Calculates a risk-based score and streamlines the approval of low risk loans
Quickly identifies high risk loans, reducing overall loan default exposure
Enables more efficient use of AVMs Conveniently available online via CREDCO.com
P R O D U C T
H i g h l i g h t s
LoanSafe from First American CREDCO provides mortgageprofessionals with a full risk view of every loan offering a convenient, single-step analysis. The result is a highly accurate loan risk picture delivered in an easy-to-understand report format so you can make sound lending decisions.
Mitigate Fraud Risk
LoanSafe provides a 360-degree view of the major areas of mortgage fraud – the borrower, the property and the broker and agent selling the property. Using an advanced algorithm that scans multiple data sources, LoanSafe enables mortgage professionals to efficiently assess the risk and fraud potential in a loan transaction – without the technical jargon and complexity. The result is a comprehensive report that includes a simple summary that provides a risk score for each major fraud area. Full Risk View – Agent, Borrower and Collateral
LoanSafe provides risk scores on key areas of fraud such as:
These key areas are then summarized in an overall risk score – the higher the score the greater the overall risk. LoanSafe also
contains the only industry-wide solution for evaluating and grading brokers and agents, so mortgage professionals can
promptly evaluate any third party based on the quality of loans submitted.
Precise Results Delivered Instantly
Available online through CREDCO.com, LoanSafe quickly and precisely analyzes loan risk factors most predictive of fraud that
contributes to early payment default and loss severity. Its powerful results make LoanSafe an effective, comprehensive
loan risk management tool.
For more information on LoanSafe, contact a First American CREDCO sales associate at (800) 255-0792
LoanSafe
™
C o m p r e h e n s i v e L o a n R i s k A n a l y s i s
Property
Applicant Identity Applicant Income Overall borrower risk Broker
Verify income information going back up to three years
Supplies up to nine distinct lines of tax return income data
Delivers an easy-to-read report with an actual IRS transcript that includes all schedules
Validate applicant information within 24-48 hours
Helps you make more informed underwriting decisions, and minimize fraud risk
Supported by a dedicated team of customer care and technical support specialists
P R O D U C T
H i g h l i g h t s
According to the FBI, industry losses due to mortgagefraud continue to climb, reaching billions of dollars each year. First American CREDCO’s 4506-T Direct solution can help minimize losses, and protect you from fraud and identity theft by verifying an applicant’s income.
Simple, Reliable Solution
Our 4506-T Direct service provides a simple, reliable way to validate applicant information within 24-48 hours. The result is an easy-to-read report with an actual IRS transcript that includes all schedules. An email confirmation includes an Internet link, which provides a convenient way to view, download and print your report.
Identifies false or inaccurate tax information Searches up to three years of IRS-verified data on the borrower(s)
Calculates a comparison between the borrower-supplied 1040 data and IRS data
Detailed, Comprehensive Results
While other income verification tools merely list the borrower’s adjusted gross income, First American CREDCO’s 4506-T Direct lists nine elements from the 1040, including wages, business income or loss, other income and adjusted gross income. The report also calls attention to discrepancies between your
borrower-supplied data and the IRS-verified information by identifying suspect data.
Ordering a 4506-T Direct
Due to our direct connection with the IRS, obtaining a First American CREDCO 4506-T Direct is easy via Credco.com. If you
include a copy of the first page of the borrower’s 1040 tax return for each year ordered, the report can include a comparison to
data on file with the IRS, and identify any variations. This process helps identify altered tax returns and avoid
fraud-related losses.
For more information on 4506-T Direct, contact a First American CREDCO sales associate at (800) 255-0792
or visit us online at www.credco.com.
4506-T Direct
Verify an applicant’s employment status and history
Avoid fraudulent loan attempts Each applicant personally and thoroughly researched
Easy online ordering through CREDCO.com
Annual projected income data available separately
P R O D U C T
H i g h l i g h t s
Convenient and Reliable VerificationFirst American CREDCO’s verification of employment (VOE) services help prevent fraudulent attempts at obtaining a loan, and save you time by providing a reliable and streamlined way to verify an applicant’s employment information.
Our team of specialists personally researches each applicant to verify employment history, such as current and previous employment, full or part-time status, and length of employment. Avoid Costly Defaults and Foreclosures
Our verification services can be used at any stage of the lending process. However, given today’s volatile market, it’s especially critical to verify employment history at the point of loan initiation to avoid costly default and foreclosure costs later on.
Mitigate Loan Modification Risk
When it comes to loan modifications, VOE can help you prevent the biggest risk – quickly and accurately – by helping you reason-ably determine whether or not a borrower can repay a loan. Our VOE services are designed to help you make lending decisions more confidently, while helping to ensure the integrity of a loan or loan portfolio.
Online Ordering. Fast Results.
Available online, ordering a VOE report is fast and easy through CREDCO.com. In some cases, results can be delivered in hours so you can make sound lending decisions fast.
Easy to Interpret
Verified employment information is displayed in an easy-to-read report format, which includes date of verification, the contact
validation method and the verifier’s name for quick interpretation.
For more information on Verification of Employment services, contact a First American CREDCO sales
associate at (800) 255-0792 or visit us online at www.credco.com.
P R O D U C T
H i g h l i g h t s
First American CREDCO offers third-party auditing andcertification services to help protect your business from mortgage fraud. Our customizable Professional Screening services provide an easy solution for ensuring compliance requirements for your new and existing brokers, appraisers, agents, net branch and other real estate professionals.
FCRA-trained specialists validate basic business identification information – licensing, agency approvals, business, banking, and insurance references – and provide Industry Fraud and Sanction Data. Civil, federal and criminal background checks are also available as a stand-alone service. Instant Merge PRO, our soft-inquiry employment credit report, can also be ordered to assist with your broker qualification process. We deliver only the information you need so the results are quick, relevant and easy to interpret.
Certify New and Existing Real Estate Professionals
Our Professional Screening services are designed to support multiple stages of your compliance process. From certifying new professionals to recertifying existing contractors, or as part of a
comprehensive audit of your entire professional network, we can tailor a program to fit your business needs.
Professional Screening services offer several report delivery options, including ThirdParty Manager from First American
CoreLogic. ThirdParty Manager allows you to easily manage the certification and recertification process from one convenient
location. Our third-party Professional Screening services help reduce business costs, maximize efficiencies, and help to
maintain the integrity of your business.
For more information on the benefits of outsourcing for Professional Screening, contact a First American
CREDCO sales associate at (800) 255-0792 or visit us
Professional Screening
Minimize risk of fraud; ensure professional requirements are satisfied
Criminal background checks available as stand-alone service
Instant Merge PRO soft-inquiry credit reports available for broker qualification
Standard certification packages or a-la-carté services save time and money
Fully-customizable solution that simplifies the certification and recertification process
Reduce compliance costs and maximize efficiencies
Get electronic results fast – review process takes just 24 to 48 hours
P R O D U C T
H i g h l i g h t s
B a t c h a n d A p p e n d S o l u t i o n s
First American CREDCO’s Data Services provides an easy, practical solution for protecting the value of your loan portfolios, and ensuring that they meet state and federally mandated compliance requirements.
Are your loan portfolios at risk?
Loan risks can change over time, particularly with a book of business that may include individual loans that weren’t properly or thoroughly screened. To protect you and your business, it makes sense to regularly maintain compliance and implement an ongoing data assessment program to ensure the value of your portfolios.
Batch and Append Database Services
With our Batch and Append services you can significantly reduce the risk in mortgage portfolio transactions. By augmenting your loan files with database information from First American CREDCO, you can be confident that your business decisions are based on the most current and complete risk data available.
Batch and Append enhances data by adding, as needed:
Borrower credit characteristic data, such as accounts, balances, and payment status
Fraud risk indicators, such as ownership changes, flips, payment and mortgage status
Fraud risk and FACT Act alerts for name, address and Social Security Numbers
USA PATRIOT Act and OFAC filters Additional domestic and international “Know-Your-Customer” lists
Data Services from First American CREDCO helps ensure compliance with state and federally mandated requirements,
reduce business costs, and maintain the integrity of your business.
For more information on Data Services, contact a First American CREDCO sales associate at
Data Services
Screen for FACT Act, USA PATRIOT Act, OFAC and other risk indicators
Ensure compliance with federally mandated requirements, and protect the value of your portfolios
Comprehensive Batch and Append services significantly enhances data evaluation
Enhanced data includes borrower credit information, such as accounts, balances and payment status
Regularly monitor all or portions of a portfolio with alerts when data passes specified threshold values
9 out of 10 top lenders agree: First American CREDCO delivers innovative solutions that keep pace with today’s dynamic business climate.
Performance has made First American CREDCO a leader in consumer information solutions for more than four decades. Leveraging the latest technology and our vast data resources, we continue to set the industry standard – and value benchmark – for reliable products, fast delivery and technical innovation.
Leadership is why top mortgage lenders trust First American CREDCO. We were the first to provide credit data to the mortgage industry, and today we are the industry’s primary source for fast, reliable consumer information products. We provide innovative credit reporting tools, comprehensive identity verification solutions, portfolio analysis and consulting services, as well as non-traditional credit information products that offer new business opportunities. First American CREDCO is the #1 choice of secondary market investors, including Fannie Mae and Freddie Mac.
Vision is the foundation for First American CREDCO’s expanding line of innovative products and services. Our consumer information solutions have enabled top lenders to make sound business decisions for more than 40 years. Today, we continue to identify new ways, and create new products, to help our customers make smarter business decisions across an ever-changing marketplace.
Setting the Pace
Top national mortgage lenders depend on First American CREDCO to set the pace for leading products, customized consumer information solutions, quality customer care and reliable technical support.
Focusing on solutions that support our customers throughout the lending process.
