Application Data Validation Services

Application Data Validation Services

Application Data Validation (ADV)CIS Application Verification Service

Comprehensive report that verifies all loan information, including validation elements required by secondary market investors: Fannie Mae LQI, CitiMortgage, Chase Rural, Stonegate Mortgage, Pacific Union Financial and more

Easy-to-read report

Objective, independent analysis

Identifies fraud & flags risk elements

Reduce buy-back exposure

Summarized findings include:

Summary Alert

Risk Score

Address History

Property Ownership

MERS Lien

Employer ID

Subject Property

FHFA Home Price Index

FEMA Declared Disaster

Excluded Party & Appraiser License

AVM

Estimated Income

ADV delivers objective and independent analysis, using the most current, real-time data to detect fraud, identify risk elements, enable compliance and reduce the risk of loan repurchase!  ADV runs an in-depth review of the applicant and property and identifies discrepancies in borrower identity, personal information, property, employer details and more.  Delivered in an easy-to-read, “Pass” or “Fail” review, ADV is quick and efficient, saving hours of time and eliminating costly mistakes.  ADV even checks for mis-keyed data and, if found, highlights the discrepancy, with provisions to accept with discrepancy or resolve, as per user requirements.