What is Undisclosed Debt Pre-Close and Compare Reports
Undisclosed Debt Pre-Close and Compare Reports — used along with our Undisclosed Debt Monitoring product or on its own — provide lenders with more transparency into the credit activity of borrowers during the mortgage origination process. Having a tri-bureau view into a borrower's new credit inquiries and potential liabilities before closing can help significantly mitigate risk and prevent mortgage fraud.
Identify new inquiries and potential credit liabilities at any time during the mortgage origination process with a clear, concise consumer tri-merge credit report.
An easy-to-read summary allows you to instantly compare the original tri-merge credit report with a more recent report to detect new undisclosed liabilities, credit inquires, derogatory changes, and balance/payment changes.
Related Products
Undisclosed Debt Monitoring™ (UDM)
Avoid last-minute surprises and boost efficiency in mortgage lending
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Connect with our sales team and discover how this product can meet your business needs.