Mortgage lenders need more transparency into the credit activity of borrowers during the underwriting process in order to better mitigate risk and improve underwriting efficiency – and supplemental "static" reports are not the answer. That’s why we’ve developed Undisclosed Debt Monitoring™ – a proprietary platform that monitors the quiet period between the time of the original credit file pull and the closing of the loan. Our platform is "always on" – which means we continuously monitor borrower files and provide daily alerts to lenders, mortgage insurers and investors of activity that may represent potential risk associated with mortgage loans in their pipelines. With this information, you’re better prepared to promptly communicate with borrowers regarding specific activities during the underwriting process.
The value to your business
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