Tag Archives: Kroll Factual Data

Kroll Factual Data, Inc., 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.

Kroll Factual Data, Inc., announced the integration of several of its products into Ellie Mae's Encompass mortgage management solution.

Kroll Factual Data Inc., a provider of risk mitigation and third party verification services to the finance industry, announced the hiring of Jay Giesen as SVP of sales.

As if this month's regulatory changes weren't enough, lenders have another problem to grapple with: According to stats released by Kroll Factual Data, incidents of potential mortgage fraud are on the rise. Between the second and third quarters of 2013, the company recorded a 10.4 percent average increase in "possible fraudulent activity" in loan applications submitted for review. "The call for increased vigilance and processes for mitigating this risk is at a pitch not to be discounted or ignored," said Kroll president Rod Bazzani.

A report from Kroll Factual Data, Inc., shows the risk of mortgage fraud rose 1.1 percent throughout the country between the second and third quarters of 2012.