IT’S 10 DA DAYS YS PRIOR TO CLOSING‌
AND
22% %
WENT T
* OF BORROWERS INTO
DEBT. FUR FURTHER DEBT
DID ID DY YOURS?
17
Make sure you’re in compliance with LQI and protected from buybacks. Regulations are going to get tougher tougher.. The GSE GSEs are working g on additional suggestions to make sure your loan is sell-ready in 2013. Can you afford not to use Undisclosed Debt Monitoring?
ss !LLERTS YOU TO SUSPICIOUS ACTIVITY CONCERNING NEW TRADELINES ERTS YOU TO SUSPICIOUS ACTIVITY CONCERNING NEW TRADELINES inquiries and secondary re-issues
s s %LIMINATES LAST MINUTE SURPRISES THAT MAY AFFECT CLOSING LIMINATES LAST MINUTE SURPRISES THAT MAY AFFECT CLOSING s s 0ROTECTS AGAINST BUYBACK OR REPURCHASE LOSSES THROUGH ROTECTS AGAINST BUYBACK OR REPURCHASE LOSSES THROUGH insurance program backed by A-rated carriers and offered THROUGH !RTHUR * 'ALLAGHER 2ISK -ANAGEMENT 3ERVICES )NC THROUGH !RTHUR * 'ALLAGHER 2ISK -ANAGEMENT 3ERVICES )NC
VI S I T US A ATT T HE R EG E G I O NA L CO NF ERENCE O F MBAS MAR C H 13-14 * According to Equifax’ Equifax’s uifax’’s recent review of 4,800 loans from the undisclosed debt monitoring database, 22% of new trades were reported 10 days or less pprior rior to closing.
Š 2013 Credit Plus, Inc.
800.258.3488 80 0.258.3488
www.creditplus.com/undisclosed-debt-monitoring www.creditplus.com/undisclosed-debt-monitoring
beyondbundled@creditplus.com
v MARCH 2013
Undisclosed debt pr otection at its ďŹ nest. Call today. protection today.
CALIFORNIA MORTGAGE PROFESSIONAL MAGAZINE
ss -OONITORS BORROWER S CREDIT ACTIVITY BETWEEN THE ORIGINAL CREDIT lLE NITORS BORROWER S CREDIT ACTIVITY BETWEEN THE ORIGINAL CREDIT lLE pull and the loan closing
NationalMortgageProfessional.com v
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