Fraud &
Risk Mitigation
Reduce underwriting risk, prevent fraud, improve loan quality, and protect your portfolio.
- I want solutions for:
It's What You Don't Know That Can Hurt You
Prevent fraud & risk from taking a bite out of your profitability
Mortgage fraud takes many forms and is more common than you may think. Do your part to prevent fraud at the earliest stages of the mortgage process with Certified Credit’s best-in-class fraud & risk mitigation solutions suite. We deliver the analytics and insights you need to spot and prevent fraud before it's too late.
ADV-120 Fraud Report
Comprehensive, investor-approved verification of all borrower information that can be tailored to your organization’s risk tolerance levels.
Wire Transfer Fraud Report
CFPB and secondary market compliant solution that verifies the borrower’s bank account information and provides a status report on the settlement agent to combat wire fraud risk.
Liens & Judgment Report
Complete picture of your applicant’s unreported credit activities that identifies any liens or judgements to prevent foreclosure and default threats.
Undisclosed Debt Monitoring
Fully customizable notification system that alerts you to activity that may pose a risk to the loan process, such as new inquiries, late payments, debt-to-income increases, and more.
4506-C Tax Transcripts
Direct IRS connection that ensures borrower stated income aligns with verified tax return information to reduce risk of material income misrepresentation.
MERS Reports
Comprehensive search of all liens registered with MERS under the borrower and/or co-borrower SSNs.
ID Risk Review
Add-on report that summarizes bureau alerts appearing within the credit file, including:
- Active Duty Alert
- Address Alert
- Fraud Alert
- Credit File Freeze
- SSN Alert
SSA-89 Verification
Direct connection to the Social Security Administration provides crucial verifications of borrower Social Security information that reduces risk of loss from identity theft.
Mortgage Participation Report
Due diligence report, also known as exclusionary report, compares up to 20 names against various government exclusion lists to comply with LQI.
Flex ID Smart Select Shield
Verification of critical identity elements, such as name, address, date of birth, social security number, and phone status to help you spot and prevent fraud before it affects your portfolio.
Portfolio Review
A scan of your customer and applicant database to help you monitor the health of your portfolio, prevent early payoffs, and detect other risks before they impact your bottom line. No firm offer of credit is required.
See Our Fraud & Risk Solutions in Action!
From comprehensive, investor-approved ADV-120 Fraud Reports to Flex ID Smart Select Shield to Portfolio Review, our solutions not only prevent fraud at the earliest stages of the mortgage process but also protect you from unnecessary costs by verifying critical entry errors. Learn how you can benefit from our Fraud & Risk Mitigation solutions by requestion a demo with our fraud experts!
Mortgage Fraud Trends & Why It’s So Hard to Detect?
Mortgage fraud has always been a concern for lenders, but it’s been on the rise in recent years. This is largely due to the increase in digital mortgage activity that’s taken place in the wake of the COVID-19 pandemic. Not only have fraud attempts been more frequent, but they’ve also become more successful. Discover seven leading mortgage fraud trends and some savvy solutions to help you detect mortgage fraud early on in the application process.
