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Undisclosed Liabilities
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- Detects new
liabilities and tradelines by type
- Includes a comparison of tradeline counts
- Gives warning on new tradelines
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Balances and Payments
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- Compares balances/payments by tradeline type
- Gives warnings on payment differences
- Compares balance/payment totals with percentage variance
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Inquiry Verifications
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- Highlights new credit inquiries
- Displays 'industry type' for each inquiry
- Links to two options for inquiry verifications
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Borrower Inquiry Interview |
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Informative Research
contacts the borrower regarding all new credit inquiries on the report, to determine whether the inquiries resulted in a new purchase or liability. |
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Creditor Inquiry Verification |
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For each inquiry requested Informative Research will contact the creditor, potentially including the borrower in a 3-way call, to determine whether the inquiry resulted in a new purchase or liability.
Both the Creditor Inquiry Verification and the Borrower Inquiry Interview are delivered
in supplement format.
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Options: Scores, Summary Only
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Credit scores comparison and 'summary only' format are optional.
Configure PreCloseCredit to match your
FNMA 'LQI' best practices.
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