Miami, Florida
–October 20, 2005- Verification Bureau,
a leading provider of fraud prevention solutions for the lending industry, announced its exclusive partnership with PreventMortgageFraud.com, a fraud prevention
consulting expert conducting workshops nationwide on “How to Identify and Prevent
Mortgage Fraud”. Many Groups and companies including Colorado Association of Mortgage
Brokers, customers of the Mortgage Speakers Bureau have attended the company’s workshop
in many states.
The strategic alliance
will enable all PreventMortgageFraud.com clients with access to Verification Bureau’s
online suite of automated fraud prevention and verification software solutions at
deeply discounted rates. Additionally, Verification Bureau will offer fraud awareness
seminars in numerous cities of the country in conjunction with its new partner.
“In this day of sophisticated electronic
document preparation, computer software, unethical loan officers, mortgage brokers,
real estate agents and others involved in the real estate process are able to create
any and all of the pertinent fake documents needed for the "Clear to Close". “Verification Bureau’s
decision support tools and fraud prevention solutions will enhance the fraud prevention
strategy of our clients by providing them with easy to read reports containing accurate
data in record time,” said Michael S. Richardson, President and CEO of
PreventMortgageFraud.com,
“PreventMortgageFraud’s
clients will save hundreds, if not, thousands of dollars by using our solutions
to verify crucial information such as borrower’s income, identity, employment, assets,
immigration status, property value among other loan information,” added Juan Carlos
Perdomo
EVP of Sales of Verification Bureau, “We have made our systems extremely
accurate and fast in verifying information so they can have more time to concentrate
in their core business of lending money to homebuyers.”
Verification Bureau,
continues to be a leader by innovating with the latest technology in the verification industry.
For more information about discounted rates through the PreventMortgageFraud.com
channel contact their sales department
at 786-777-0316 Ext 501
About Verification Bureau
Headquartered in
Miami
,
FL
, Verification Bureau is the leading developer of automated fraud prevention and
web-based verification solutions in the
United States of America
. Over 500
clients and 13,000 users nationally benefit from their online suite of
verification tools and fraud prevention services.
The company’s core offerings include
1003AppScan,
an automated fraud filter used at pre-funding to detect inflated appraisals, property
flips, identity theft, fraudulent brokers, false employment and income, and asset
misrepresentation, among many others; IDFraudScan, which verifies social
security numbers against data from the
Social Security Administration (SSA) for identity verification purposes, and complies
with section 326 of the U.S. Patriot Act (OFAC); IRSRecords, powered by a high-caliber
connection to the Internal Revenue Service (IRS) accesses individual and corporate
taxpayer information in 24 hours for income
verification purposes; PROVASiS,
which is an automated property valuation tool (AVM) with built in fraud detection
for property flips, ownership misrepresentation, appraisal fraud, manufactured homes,
OFAC and more; ITIN Direct, used to verify
Individual Tax Identification Numbers in pre-funding, and EIN Direct, an accurate
method to validate Employer Identification Numbers or Federal Tax Identification
Numbers.
For additional information visit http://www.verificationbureau.com, or contact the sales department at
786-777-0316 Ext 501.
About
PreventMortgageFraud.com, Headquartered In Denver, CO, Michael S. Richardson has
been a President/CEO, Loan officer, Real Estate Agent. He is the Author the book
“An American Epidemic” Mortgage Fraud… a Serious Business. An entrepreneur since
1980, Michael has started and successfully sold seven companies, of which two were
mortgage companies. That's
where Michael comes in, his personal experiences with "mortgage fraud" along with
25 years of business experience, which you'll learn about, have given him a doctoral
degree from the school of hard knocks.
Much like you, he "never thought it could happen to me."
But it did.
It can. And if the statistics prove out, it probably will.
But it doesn't have to.
Not to you, anyway.
He does not say all this to sound bitter but to describe
for you the feeling he had the day the doors seemed to shut on him and his company.
The day he learned that he had been not only the victim of mortgage fraud but, according
to his accusers, a key player in committing said fraud. You can learn what it takes
to stop mortgage fraud, not just at your own company but at every level of the playing
field. Mortgage fraud exists - and begins - at every layer and to avoid becoming
a victim you must be vigilant about combating fraud at every step. You can do just
that, do not wait, the "Mortgage Marauders" are at work while you are reading this.
Let Michael present a workshop or a keynote address on How to Identify & Prevent
Mortgage Fraud from Happening to You!
For additional
information visit http://www.preventmortgagefraud.com, or contact us at 303-339-4534