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Social Security Number Verification
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One important step in combatting fraud is verification of Social Security numbers. With the consent of a borrower, Heartland Valuation Services assists the lender in verifying that the name, date of birth and Social Security Number on a loan application matches that on file with the Social Security Administration. This service can be accessed directly from your LOS for efficiency. This service usually takes 1-2 hours.
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Advantages:
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Legally compliant with all U.S. Federal privacy regulations
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Fast, accurate reporting
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Easy fraud detection
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