FraudDetector™ 

Effective risk management requires the ability to uncover the hidden dangers that could sabotage your loan portfolio. Few things pose a greater risk, or are harder to discover, than fraudulent loans.

Until recently, there was a chance you could spot potential fraud by using specially trained auditors or by running highly specific programs.  These options were often too expensive and time consuming to use on all loans. Yet, scanning only a percentage of loans could let hidden problems slip by. With LPS' FraudDetector™ reports, you’ll be able to access all the information you need to red-light potentially fraudulent loans, starting at the point of origination.

FraudDetector gives you an exceptionally fast and cost-conscious risk management solution that’s powerful enough to screen all your loans for valuation and identity fraud. FraudDetector scans each loan application in seconds and red-flags any items that could indicate a potential problem. You’ll quickly receive results in the form of an easy-to-read confidence score, similar to a FICO™ score, along with stoplight-style risk ratings.

To get more information, call 800.282.1104 or visit www.hanqual.com today!