Merged, supplemental and alternative credit files.
A full range of advanced credit services, from merged, three-bureau credit reports – including full Fannie Mae and Freddie Mac access – to IRS and business reports designed to fill in the gaps left by more traditional reports. Everything you need to know to make a fully informed decision, every time.
Merged Infile Credit Reports
Merged credit reports from all three major reporting agencies – Experian, TransUnion and Equifax – in a consistent, easy-to-read format and delivered in just seconds, any time of the day or night.
Fannie Mae and Freddie Mac Access
Seamlessly interfaces with Fannie Mae to provide complete desktop and Internet access to all three merged repository infiles through Fannie Mae’s Desktop Underwriter® or Desktop Originator® systems and Freddie Mac’s Loan Prospector®.
Supplementary Credit Reports
Supplemental information when certain items from the borrower’s merged credit reports are missing or incomplete, such as duplicate or inconsistent trade lines, employment and rental verification, open balances or disputed accounts.
Residential Mortgage Credit Reports (RMCRs)
Standard verified credit reports composed of data merged from two or more of the three repositories. In addition, we offer a number of add-on services in conjunction with RMCRs to provide a more detailed and complete picture:
Nontraditional RMCRs
When prospective borrowers show little or no credit history using merged credit reports, we can reference additional, alternative sources of credit information and manually add them to the report.
Business Credit Reports
Complete, detailed credit information on virtually any business, including trade line data, banking and public records information, references, verification of premises ownership, contact interviews and trade investigations. Reports include the Quick Search Business Credit Report and the Standard Experian Business Credit Report.
VeriTax
Primarily used to obtain the previous four years of the prospective borrower’s income tax transcripts directly from the IRS – providing a line-by-line breakdown of the tax returns to help you eliminate fraud and make accurate lending decisions.
Score2
Directly update erroneous credit report items with all three national credit bureaus, while providing fast turnaround regarding disputed mortgage applications. Score2 is used only in cases of an urgent mortgage and is not intended to replace or bypass the normal consumer dispute process.
Get the credit information you need – all the information.
Put the industry’s most complete line of advanced credit data services to work for you.
Call LPS Credit Services today at 800.322.3880 to learn more about LPS’ Credit Report Services or any of the other products from LPS Credit Services.
And learn how complete, fast and accurate your credit reports can be.