About Verification Bureau
Headquartered in Miami, FL, Verification Bureau is the leading developer of fraud
prevention and web-based verification solutions in the United States of America.
Its online suite of fraud prevention tools is powered by the latest technology and
offered to mortgage lenders, banks, credit unions, attorneys, insurance brokers,
rental companies, automotive dealers, investment bakers, credit card processors
and other public and private institutions for fraud detection and information verification
purposes. Established in 2001, the Miami-based company serves over 2,500 clients
and 18,500 users worldwide.
Verification Bureau’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) to access individual
and corporate taxpayer information in 24 hours for income verification purposes;
PROVASiS, which is an automated property valuation tool (AVM) with a built-in fraud
detection component 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.
According to the FBI – Financial Crimes Division, the losses caused by fraud are
$60 billion every year, where falsified income, id theft, inflated property values
and other multiple fraud schemes are on the rise. These fraud practices many times
involve industry insiders where these criminals continue to devise new schemes by
using corporate shell companies, corporate identity theft and the use or threat
of bankruptcy/foreclosure to dupe homeowners and investors. Computer technology
advances and the use of online sources have also assisted the criminal in committing
mortgage fraud.
For many years Verification Bureau, Inc has been committed to help mortgage bankers
and Corporate America prevent fraud in many levels. “Zero Fraud Tolerance” is Verification
Bureau’s flagship anti-fraud campaign where lenders and companies worldwide have
the opportunity to test its services to see what fraud they can catch.
Contact us today for a FREE TRIAL and find out how you can improve your verification
and fraud prevention strategies to become more profitable. Call us at 877-477-4506
or email us at: info@verificationbureau.com
