Articles & News About Getting Cash Loans
Develop Your Domain Names
ChoicePoint's MARI Introduces New Mortgage Loan Fraud Alert Service
Reston, VA (PRWEB) March 17, 2008 -- The Mortgage Asset Research Institute (MARI (sm)), a ChoicePoint® (NYSE: CPS) company, today announced the release of its new MARI Loan Fraud Alert Service (LFAS). MARI LFAS (http://www.mari-inc.com/lfas.asp) is a mortgage industry-contributed loan process database that enables lenders and investors to identify potential application risk, patterns of fraud and hidden relationships among transaction parties.
MARI's LFAS, when used in tandem with ChoicePoint's Identity Risk Management (http://www.choicepoint.com/irm/identity_risk_management.html) and Mortgage Fraud Solutions (http://www.mari-inc.com/), is an integral tool in stopping mortgage fraud before it impacts a lender's loan portfolio.
"Fraudsters are taking advantage of the fact that some lenders do not have the capability to compare the details of all pending transactions" said Tom Chmielewski, ChoicePoint vice president of product marketing. "By incorporating LFAS into their business solutions, lenders will now have the ability to compare that data against other contributing lenders' loan data."
MARI's LFAS can help reduce mortgage fraud (http://www.mari-inc.com/) by comparing a lender's loan-level data, which includes borrower, collateral and professional information, against industry-contributed loan application data during the origination process. The sophisticated match logic identifies patterns such as multiple closings for a single borrower, undisclosed second escrows or mortgages for the same property, inflated appraisals for the same property within a short period of time and multiple loan applications for the same property.
The comparison helps recognize application inconsistencies and common patterns that may be indicative of fraudulent activity. By helping identify risk at the earliest stages, lenders can also improve their quality control processes and reduce redundant application reviews.
"MARI Loan Fraud Alert Service (http://www.mari-inc.com/lfas.asp) gives lenders the ability to better know who they are doing business with, and now they can use this information to identify potentially fraudulent relationships between vendors and customers," said Merle Sharick, vice president and national manager of business development for MARI.
About MARI Identity Risk Management Services:
ChoicePoint and the Mortgage Asset Research Institute (MARI) provide Identity Risk Management services that help organizations in the mortgage industry know their customers, employees and vendors. These services aid in preventing several types of fraud unique to the mortgage industry, including fraud-for-profit, fraud-for-housing and identity fraud. ChoicePoint and MARI also provide tools to help conduct due diligence, credential vendors and even perform loss mitigation efforts. Learn more at www.MARISolutions.com.
About ChoicePoint:
ChoicePoint (NYSE: CPS) provides businesses, government agencies and non-profit organizations with technology, software, information and marketing services to help manage economic risks as well as identify business opportunities. Consumers have free access to the reports we create at ChoiceTrust.com. Learn what we do to protect consumer privacy by visiting PrivacyatChoicePoint.com and, for more information on our company, go to www.ChoicePoint.com.
ChoicePoint is a registered trademark, and MARI is a service mark of ChoicePoint Asset Company LLC.
###
Other Article Sites
findabook.com moneycd.info a-mortgage.info
about-lemon-laws.info aboutstudentloans.info
all-about-publishing.info auctions-articles.info bestcollege-university.com bestispconnection.com
biblefolder.com blogger-website.com books-used.info brokers-guide.info buywindows.info cable-dsl.info
career-miner.com carpel-tunnel.info cashinaflash.info cashloanreviews.info casinobell.com chat-house.info
clearmycredit.info collegeloantips.info crones.info depression-articles.info
dirnic.net dishguides.info
divers-below.com expodog.info
financewizz.com fire-insurance.info getgood.info handleit.net
it-idea.info
health-supplies.info hosting-right.com insidealert.com insurance-facts.info jobs-employment.info
justgood.info lookgold.net
lowcost-travel.info money-source.info myhostzone.info numisblog.com
peoplesearchfinder.info pr-articles.info realeas.com
refinancing-guides.info spyware-remove.info
telelot.info the-law.info
toppaid.info travel-deals.info travelcorrect.com wedding-guide-site.com
your-blog.info your-credit.info
Florida Families Struggle to Pay Rising Mortgages says Credit Mortgage Group
Credit Mortgage Group reports that Rising mortgage payments in Florida are putting many families at risk of losing their home or falling badly behind in payments. However, careful refinancing can eliminate that risk, and keep families afloat.
How to Manage Credit Card Fees
Credit cards may be convenient but when you add up the fees, credit cards raise the price of everything that you buy by a considerable margin When you are considering different credit card programs, besides the interest rates, pay close attention to the fees that are explained in the service agreement
Debt Consolidation Loan Top Tips Revealed
An overview of just what a debt consolidation loan is and how you can use it effectively makes the subject easier to understand
A debt consolidation loan is just as its name applies
Be Careful With Loans For Bad Credit
If you're saddled with debt or find yourself in an emergency situation where you need cash urgently, it is possible to get loans for bad credit. Loans for bad credit will not ostracize you for bad or zero credit.
Home Loan Options For Those With Bad Credit
Have bad credit but want to take on a home loan? Here are some things you need to know about mortgage for bad credit borrowers.
Cheap Mortgage Insurance: Offering You Peace Of Mind
There can be no worse feeling than staring the prospect of losing your home directly in the face. This is the reality faced by many individuals in the UK every day, and yet it is easily preventable with cheap mortgage insurance. Far less people protect their mortgages with cheap mortgage insurance when they are initially approved for their mortgage because they perceive mortgage payment protection insurance as redundant. However, it is the ?what ifs? in life that can cause us the most problems.
Mortgage Payment Insurance ? Do You Know What it Can do For You?
Many homeowners do not know much about mortgage payment insurance However they should find out, as it can a great deal for them if they were to become unemployed or suffer accident or illness that meant they lost their income
Crunch The Credit Crunch!
Weve all heard about the credit crunch all doom and gloom, everything going up, up and up! Dearer petrol/diesel, utilities like gas and electric plus even the essentials like food are all costing more than last year and the likelihood is that things are going to get worse before they get better!
How high school students can get credit cards
Credit Cards For High School Students
Apply for Capital One credit card
Owning a credit card is a matter of convenience more than comfort. Carrying plastic cash keeps one safe and makes it easier for every Peron in their daily lives. Drawing money from the bank every time you need is much more tedious than just swiping your credit card and paying for it once every month. However the process of getting a credit card as easy as it sounds.
Mortgage Terms Explained
When you are hunting for a mortgage, you will find that there are many different types of mortgages available. I will list some of the more common ones and their uses.
Credit Repair: 3 Easy Ways to Fix Credit Problems
It seems that everyone in America has one type of credit problem or another. We all need to learn how to fix credit problems because our society revolves so much around credit-based situations. Even if you have a superior credit score, you can watch it drop by 100 points just for missing a single payment - or even making a late payment! The credit realm is definitely cut-throat and it isn't going to suddenly get easier to handle. There's good news though! There are methods that you can use to fix credit problems. Let's look at 5 hot ones now:
Types of Home Mortgage Loan That You Should Be Aware
Home Mortgage Loan can be fixed rate or adjustable rate Your manner of choosing is dependent on the kind of borrower you might be
Credit Repair ? Essential Credit Score Facts
Who are the credit bureaus?
5 Tips On Wising Up To Fraudulent Credit Card Offers
If it?s your first time to apply for a credit card, be careful with accepting any unsolicited offer that comes your way. If you don?t take care, you just might find yourself a victim of credit card fraud.
