FraudGuard is a data-driven, decision-support tool that increases the speed and accuracy of application reviews to help mitigate risk and improve loan quality. The tool leverages advanced analytics, reporting, defect trending and audit trails, drawing on public, private and proprietary data sources garnered from over 28 million reviewed loans.
This integration means users of the PathSoftware LOS can seamlessly access FraudGuard without having to leave the LOS interface.
“We’re thrilled to be the first risk mitigation provider to integrate with the PathSoftware LOS,” says Kevin Wall, president of First American Mortgage Solutions, in a release. “FraudGuard is designed to improve loan quality, and the more we can do to give lenders the convenience and confidence to quickly produce higher quality loans, the better the experience and outcome for everyone, including consumers.”
Earlier this month, First American announced that LoanLogics had integrated FraudGuard with its LoanHD loan quality management and performance analytics platform.