Louisville, KY. (10/17/2012) Electronic
Verification Systems (EVS) is excited to announce the release of its latest
product, the Mortgage Lender Compliance Package, a mortgage-specific addition
to the signature EVS IdentiFraud
The Mortgage Lender Compliance Package will directly serve the mortgage
industry by providing a one-stop solution for identity verification
during the mortgage process. Due to the increase in identity theft in recent
years coupled with the housing crisis, banks and mortgage lenders are using
more caution when lending individuals money for homes. EVSs new tool will help
banks ensure that not only is the potential lendee in good credit standing, but
is who he or she claims to be.
When underwriting receives the mortgage application, Vice President of
Client Services at EVS, Eric Knapp, said, the lending agency can quickly and
easily perform their identity due diligence all in one platform.
Mortgage Lender Compliance Package will function as an add-on to the
current IdentiFlo Management Platform and will work seamlessly with mortgage
watch lists to provide accurate information in a matter of seconds.
This new product is the first of its kind for EVS, which, in the past,
has not provided services that are so industry-specific. EVS says, however,
that because there was such a great need for a product like Mortgage Lender
Compliance Package, the company wanted to make its mark early in the mortgage
Historically, EVS has never built an industry-specific product, Knapp
said. We currently have some clients in the mortgage industry and saw a need
to develop a watch list solution product for that industry. We listen to the
feedback from our clients and strive to offer new and innovative solutions for
To learn more about the Mortgage Lender Compliance Package, the IdentiFlo
Management Platform or about other EVS services, contact
Eric Knapp, VP of Client Services, at (866) 491-5665.
About Electronic Verification Systems
Electronic Verification Systems is a leading provider of fraud
prevention solutions designed to help businesses combat identity theft, control
costs, satisfy governmental regulation, and support audit and control
requirements. With major clients in the financial services, retail product,
brokerage, education, insurance, and corporate security industries, Electronic
Verification Systems provides powerful and innovative solutions to businesses
and organizations across the world.