Customized Email Notifications on Borrower(s) Activity

• Ability to setup customized email notifications on import borrower activity

Streamlined Integration into FraudGUARD

• Analyzes the Undisclosed Debt Monitoring data and provides an overall borrower risk score
• No need to integrate with multiple vendors – order and view results within FraudGUARD

Supports a Retro-active date to start monitoring

• Ability to send a "look-back" date to FraudGUARD based on your process

One Report for all Borrower Related Information

• Combines all borrower activity into one user friendly report

No More "Blind Spots"

• More visibility into borrower activity that may suggest misrepresentation or undisclosed debt activity for better risk mitigation

Compliant with Fannie Mae's LQI Requirements for Undisclosed Debts

• Provides peace of mind by ensuring compliance with current requirements

Streamlined Underwriting and Quality Control Efforts

• Focus valuable resources on loan files that represent a higher level of buyback risk

Increased Loan Delivery Confidence

• Improve the confidence level of investors, mortgage insurers and regulators in your underwriting practices

Immediately Improve the Quality of Your New Vintages

• Reduce the risk of fraud, the cost of non-compliance and potential repurchase

Data Alerts

• FraudGUARD user notified when alerts from Equifax are received
• Integrated into FraudGUARD Score & Variances

Undisclosed Debt Alerts for Borrowers
Instantly find out if the borrower has:

• A high value tradeline
• A tradeline and/or inquiry in a certain industry type
• High number of inquiries

Frequently Asked Questions

Q: Who should be monitored?
A: Fannie Mae recommends that all borrowers should be monitored.

Q: What is the relationship between Interthinx and Equifax?
A: Interthinx and Equifax have joined forces. Undisclosed Debt Monitoring was developed by Equifax to further streamline processes and increase operational efficiencies for lenders.

Q: How quickly will I be alerted to new activity?
A: Customized email alerts can be setup based on your risk tolerance so that you are notified of borrower activity as soon as it happens.

Q: How will I be billed?
A: The monthly invoice will be included as part of the existing invoice from Interthinx.

Q: How can I start using Undisclosed Debt Monitoring in FraudGUARD?
A: Contact your Interthinx Sales Representative.

• If an existing relationship is in place with Equifax, a simple addendum is needed.
• If an existing relationship is not in place with Equifax, a contract will be needed and we can help.

Q: What information must I submit to receive Undisclosed Debt Monitoring data?
A: Borrower SSN, Borrower Name and Borrower Address