Avantus Integrates MERS® Data Into Its LoanShield Mortgage Fraud Detection Product
Avantus, a leading provider of customized mortgage credit reports, mortgage fraud prevention, regulatory compliance, and technology solutions to the nation's financial community has integrated MERS data into its popular LoanShield mortgage fraud detection product.
Over 60% of all loans originated in the U.S. are registered with, and are tracked by MERS; including loans delivered to Fannie Mae, Freddie Mac, Ginnie Mae and all major conduits and state housing authorities. This MERS data integration adds significant depth to LoanShield's already extensive fraud analysis algorithm by tracking millions of mortgages from the point of origination through the entire life of the loan, identifying suspicious activity and confirmed fraud.
