Identity Verification

Within the mortgage industry, the FBI estimates that losses from identity theft totaled $1.5 billion in 2002. Their prediction is that by 2006, total losses will amount to $8.6 billion. Industry experts agree that between ten to fifteen percent of all mortgage loan applications contain some form of fraud. Within the non-prime lending market, one out of four mortgage applications contain fraudulent information.

To help combat this trend, CCI offers you fully integrated, permission-based identity verification tools that can be ordered on a stand-alone basis or as an add-on to a credit report.