Fraud Prevention and identifying Data Input Errors
Using our data validation and fraud prevention products will help mitigate loan buybacks and non-performing loans
Heartland Valuations Services is dedicated to
preventing fraud and identifying data input errors that can
affect our client’s ability to sell or even worse cause a
buy back on closed loans that do not perform.
Using our fraud and data verification tools
give our clients a comfort level with their
due-diligence processes and quickly helps identify
any false-positives returns from our ADV 120
report (Applicant Data Verification). The ADV 120
report is recommended by some of the largest
warehouse lenders and purchasers of closed loans.
Our ADV 120 report is the only data verification product
integrated completely into Encompass allowing the
user never to leave the encompass system.
We have testimonies from multiple users stating
the use of our ADV 120 product saves between
30-45 minutes of underwriting time per file.
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Call our regional representative to schedule a demo.
Additional products we offer to help mitigate fraud are:
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Tax Return Verifications 4506T
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SSA verification reports
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Undisclosed Debt Monitoring
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Employment verification
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Asset verifications