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Sysdome Enhances Fraud Tools

Sysdome, a provider of fraud prevention tools to the mortgage industry, has released version 5.0 of its Electronic Loan Review fraud detection software.

ELR v5.0 is an automated system that checks borrower and loan information at the point of application and at the pre- and post- funding stages.

The enhancements to the new version include more than 20 new identity theft and property fraud alerts and a full property history report addendum. Free updates allow multiple loan investigations on an application at no additional charge.

ELR offers an XML-based Web-service interface that enables real-time LOS system integration. It is also integrated into Ellie Mae's ePASS Business Center.

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