Third Party Review

Whether you work with mortgage brokers, correspondents, appraisers, or other business or individual, verifying key background data is an important part of quality control and regulatory compliance. First American Mortgage Solutions provides two counterparty review options that give you the ability to review 100% of third party originator application information with real-time license checks.

Comprehensive, Real-Time Verifications

Our counterparty review products quickly and efficiently reviews prospective and current business partners and assures compliance with the Secure and Fair Enforcement for Mortgage Licensing (SAFE) Act.

TPR Features

  • Advanced name-matching algorithms to perform exhaustive and accurate investigations
  • Report delivers real-time, objective findings on the person or business
  • Vendor Management Suite provides 24/7 monitoring and updates any license status changes

Third Party Reviews are part of our Vendor Management Suite.  To learn more, click here

Reduce Risk With Third-Party Entities

Advanced name matching technology reduces the number of false positives and omissions. Powered by the FLEX (FraudNet Loan Exchange Review) inventory of millions of loan reviews, our proprietary National Fraud Protection Database review provides insight into the risk associated with third party originators. Conflicting information, derogatory findings and data that cannot be validated are provided in a comprehensive background report to quickly surface potential noteworthy issues and recommended actions.