First American Mortgage Solutions for Lenders offers the industry’s most comprehensive suite of loan information and API-enabled solutions. The company provides traditional and API-enabled mortgage and loan solutions across the entire loan lifecycle, including valuations, title and settlement management, and risk mitigation. With over 6 billion recorded document images and an industry-leading homeowner database, First Ameritrade is the leading source for mortgage information and mortgage risk management.
With the First American mortgage solution, lenders will be able to improve the efficiency and accuracy of loan application processing. The integrated suite of tools, APIs, and microservices enables rapid implementation, easy customization, and real-time validation. Moreover, First Ameritrade’s platform supports fraud and compliance. Despite these advantages, lending and servicers should still consider the cost-effectiveness of these solutions.
Designed to improve lender efficiency, First Ameritrade’s solutions provide a single, integrated source of data for lenders. Their loss mitigation solution aligns with servicer processing teams’ loss mitigation workflows, reducing costs, increasing compliance, improving data integrity, and accelerating loan application turn-around time. In addition, it provides a more efficient consumer-centric experience. It also eliminates the need for document-based PDFs.
First American Mortgage Solutions for Lenders
First Ameritrade is a leading provider of cloud-based mortgage risk management solutions. The company’s FraudGuard service provides a comprehensive database of loan applications, which is a comprehensive solution for lenders. With over 20 modules, FraudGuard offers a data-driven decision-support tool that enables mortgage lenders to comply with regulatory requirements. Among its unique features is an integrated compliance platform for lenders.
With First Ameritrade, First American Mortgage Solutions helps ensure compliance by ensuring a comprehensive record of loan information. As part of the First-American family of companies, the company’s FraudGuard platform provides data-driven decision-support for both servicers and lenders. Its FraudGuard solution supports real-time validation and empowers loan officers with early identification of consumer information. Its integrated solution reduces reliance on document-based PDF.
First American Mortgage Solutions’ innovative products and services help lenders streamline loan applications. Its loss mitigation solution is aligned with servicer processing team loss mitigation workflows and reduces cost and turn-around time. The company’s FraudGuard software offers loan officers a streamlined approach to mortgage compliance. This comprehensive suite of services allows for enhanced customer service and reduces risks. When it comes to fraud prevention and risk management, fraud solutions for mortgages are available from several different providers.
As a part of the First American family of companies, First AmeriCan automate the most complex processes and integrate them with the company’s FraudGuard solutions. For instance, the new product’s lien priority insurance module eliminates the need for manual input. It also helps servicers better understand the fraud risks in their loan portfolios. By eliminating the need for manual input, FAMS makes the mortgage process easier and more accurate for everyone.
The company’s loss mitigation solution aligns with servicer processing team’s loss mitigation workflows. It reduces costs, improves data integrity, and reduces turn-around time. It also provides a secure and integrated solution for lenders and their servicers. The solution has more than 20 unique modules. Its advanced data visualization and analytics capabilities enable lenders to make better decisions faster. This helps increase efficiency and improve compliance.
First American Mortgage Solutions for Lenders’ fraud solutions support regulatory compliance. It is one of the few vendors that offer data verification for all three components of Fannie Mae’s Desktop Underwriter validation service. It offers Day-1 Certainty through FraudGuard, a fraud detection solution that helps lenders meet regulatory and compliance requirements. It is an integrated platform, ensuring that lenders are protected and their customers are safe.
With a variety of loss mitigation products and services available, First American Mortgage Solutions offers a comprehensive suite for mortgage lenders. In addition to its automated loss mitigation documents, the company also offers a comprehensive range of loan modification services. For example, First Americana’s lien priority insurance service enables lender-clients to customize their lien priority insurance and lien protection policies. The integrated suite is available through a secure interface and is accessible via mobile devices and the internet.