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ChoicePoint
ChoicePoint's MARI Introduces Enhanced Mortgage Fraud Tool: MARI Loan Fraud Alert Service Pro
August 23rd, 2008
The Mortgage Asset Research Institute (MARI(SM)), a ChoicePoint (NYSE:CPS) company, announced the release of the MARI Loan Fraud Alert Service Pro (LFAS Pro). MARI LFAS Pro, with its patent pending technology, assists lenders in discovering fraudulent loan applications prior to funding through a combination of comparative loan application analysis and Identity Risk Management tools. Lenders will now have the ability to have a more comprehensive view of their loan portfolio, not previously available in the market. MARI's original LFAS is a comparative loan tool that helps uncover patterns of common mortgage fraud schemes during origination. LFAS Pro takes that process...
Source: Law & Health Weekly (2008-08-23)
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