FraudGuard is a comprehensive decision and evaluation support tool for lenders and investors to quickly and accurately identify and mitigate fraud and risk, early in the mortgage transaction. FraudGuard helps lenders by:
- Making sure the loan is saleable and reducing buybacks
- Ensuring all parties involved are not on any watchlists
- Improving the overall loan quality and application review process
- Processing more loans with fewer resources
- Verifying identity, occupancy, income and employment
- Uncovering and researching property details and undisclosed liabilities