What is FraudGuard mortgage?
FraudGuard is a highly customized, comprehensive decision support tool designed to quickly and accurately flag multiple types of risk including fraud, compliance, identity risk and misrepresentation on every loan application, allowing underwriters to review and clear each alert.
What is First American FraudGuard?
FraudGuard. ® Interthinx® FraudGuard® is a comprehensive, decision support tool designed to quickly and accurately identify risk in mortgage transactions.
What is mavent fail?
Mavent Compliance Service lets you decide when and how often to run compliance checks. When the compliance check runs, you get a clear pass/fail notice for hundreds of state, local, and federal laws and regulations. If a loan fails, the solution highlights problem data, so you can easily see what issue needs attention.
What does mavent mean in mortgage?
Mavent calculates thresholds and ensures critical regulatory requirements are met with respect to the Federal Higher-Priced Mortgages. The Mavent Compliance Service calculates the higher priced mortgage thresholds as defined in 12 C.F.R. § 1026.35(a)(1) to determine if a loan is considered a higher-priced mortgage.
What is Ellie Mae mavent?
Product Description: Mavent takes the stress and complexity out of regulatory compliance. Using the service’s instant loan file check and easy pass/fail system, lenders know if a loan complies with a variety of federal and state residential mortgage lending laws and regulations right away.
Is Ellie Mae legitimate?
Ellie Mae is a mortgage industry pioneer dedicated to facilitating communications between mortgage brokers, their partners, and their clients, all in a secure and compliant environment. Ellie Mae creates the tools needed to conduct business and truly automate the loan process from origination through closing.
What is Ellie Mae company?
Ellie Mae Inc., originally named Electronic Mortgage Affiliates, is a software company that processes 35% of U.S. mortgage applications. The services are based on a software as a service model (SaaS) and specializes in originating and funding new mortgage loans and facilitating regulatory compliance.
Is ice mortgage a good company?
Good company to work for. However frequent upper management changes especially in Engineering.
Who owns Ellie May?
Thoma Bravo, LLC
In April 2019, Ellie Mae was acquired by Thoma Bravo, LLC, a private equity investment firm, in an all-cash transaction that valued Ellie Mae at an aggregate equity value of approximately $3.7 billion.