Red Flag (Fraud Alerts)
Instantly recognize the warning signs of potential fraud with our Fraud Services.
Detect Fraud on Name, Address or Social Security Number with
- SafeScan (Equifax)
- Fraud Shield (Experian)
- High Risk Fraud Alert (TransUnion)
Level One Authentication
- Allows you to quickly and accurately validate customer information against data sources and help reduce fraud
- Instantly generates results from 140 result codes along with a verification score
- Available as a stand-alone report or as part of the credit report
Fraud Shield with Score
- Helps you take the first step in quickly detecting various forms of identity theft
- Screens for more than 30 high risk profiles
- Included as part of the credit report
Validation Reports
Click on any service name for a report example.
- Advantage Validation Package – provides a comprehensive, independent and objective review of loan data to enable you to quickly detect discrepancies, enable compliance and thereby reduce the risk of loan repurchase. This report comes with a summary of findings and detailed results of each validation including a risk score. This report is approved by CitiMortgage.
- ID Investigation Report - Validate personal information on an individual including: name, address, phone, date of birth and SSN or ITIN. In addition, the service checks the address and name against watch lists including OFAC and the death master list. The report returns an identity fraud risk score.
- Excluded Party (Participant) Report - Individual's names and companies are checked against exclusionary watch lists including: OFAC-SDN, GSA-EPLS and HUD-LDP as required under Fannie Mae seller servicer guide.
- MERS Lien Database Report - provides a real-time method to verify lien information disclosed by the borrower.
- Subject Property Report - Summary of public information on: ownership, property details, legal description, refinance and ownership history and 5 neighborhood sales.
- Employer ID Report - Two part report including a summary of public data on company (address, phone, year founded, website, # of employees, revenue, executives. Also includes a reverse lookup of input phone number to return name and address associated with phone.
- Verification of Employment - Verification of employment status, title and salary by either faxing Fannie Mae form 1005 to employer or completing Freddie Mac form 90 via phone call with employer.
- Occupancy Bankruptcy Report – a two part report which compiles information on current and historical occupancy and bankruptcy records. This report provides key information to assist lenders in identifying occupancy issues as required under the Fannie Mae LQI initiative.
- Occupancy Site Report - Our nationwide network of professional field service representatives provides a full range of regulatory-compliant residential inspection services tailored to each client's operating needs and business goals.
If you have any questions about any of the "Red Flag" regulations, please call Advantage Credit, Inc. at 800/303.670.7993.