Kroll Factual Data, Inc. [1], a leading provider of credit, risk mitigation, and third-party verification services, announced the addition of several Kroll product integrations into Mortgage Builder Software, Inc. [2]
Starting this week, Kroll’s suite of Third-Party Verifications will be available, including Verification of Employment, Verification of Deposit, Tax Return Verifications, and Social Security Number verifications. That integration will be followed by a suite of Risk Mitigation Services to be added in the coming months.
“The addition of our Third-Party Verification and Risk Mitigation Services into Mortgage Builder will streamline our mutual customers’ access to the critical information used to make verification determinations,” said Damon Littlejohn, director of channels and alliances at Kroll.
The two additions join services already currently integrated with Mortgage Builder, including Kroll’s Bureau Express Credit Reports, Flood Determination Reports, and Loan Review Report, a product designed to help clients comply with Fannie Mae’s Loan Quality Initiative.
“Mortgage Builder strives to provide our clients the tools they need to be efficient, accurate, and competitive,” said Brian Abbott, director of corporate initiatives at Mortgage Builder. “Adding Third-Party Verifications is the second of three multi-product integrations of Kroll Factual Data services that will be offered through our LOS [loan origination system]. With the upcoming Risk Mitigation Services, this will be the first of its kind for Mortgage Builder in that it will provide our customers with the ability to order all credit and risk services required for a loan from a single provider.”