MENU

Loan Quality Initiative Services

Our Suite of Loan Quality Initiative (LQI) Services

  • Undisclosed Debt Notification – Monitor a borrower’s credit profile throughout the closing process.
  • Refreshing Credit Report – A credit report acquired just prior to closing to help you proactively uncover additional debt or credit inquiries.
  • Comparison Report – allowing you to compare two reports in less than 10 seconds! You can easily comply with the new Fannie Mae Loan Quality Initiative standards.
  • Verification of New Inquiries – A process to determine new account information.
  • Soft Code Inquiry – This is available for pre-funding and post-funding review.
  • Letter of Explanation Document – A prefilled form letter available for the borrower to address any inquiries and any derogatory information and/or address discrepancies on the original credit report or the refreshing report.
  • MERS Lien Report – provides a real-time method to verify lien information disclosed by the borrower.
  • Tax Return Verification – Used to verify the validity of a borrower’s income by referencing tax returns filed with the IRS.
  • Social Security Verification – Used to verify against the Social Security Administration’s Master File of Social Security Numbers (SSNs), using Social Security number, name, date of birth and gender code (if available).
  • Red Flag (Fraud Alerts) – Instantly recognize the warning signs of potential fraud with our Fraud Services.
Twitter
LinkedIn
Follow by Email
SOCIALICON
Do NOT follow this link or you will be banned from the site!