First Line Data Enhances Counter-Fraud Review

First Line Data Inc., a Boulder, Colo.-based provider of business intelligence for mortgage lenders, has announced enhancements to its Counter-Fraud Review reports, including address verification.Called CMRA Checkpoint, the new address feature will indicate whether a submitted address is actually a Certified Mail Receiving Agency. "With mortgage companies downsizing, the potential exists for mortgage brokers to be working out of virtual offices instead of an actual physical location," said Nancy Cowley, First Line Data's vice president of national sales. "CMRA Checkpoint will help lenders determine if their applicant is housed in an actual office." Another enhancement allows HUD NeighborhoodWatch to be included in reports on broker, correspondent, and warehouse line-of-credit applicants. This indicates whether the subject company is listed with the Department of Housing and Urban Development as a lender, and if so, the number of originations, default and claims totals, and Credit Watch status. The company can be found online at http://www.firstlinedata.com.