SSA Authentication Report
Providing Social Security Number verification is critical to our client’s bottom line. Industry losses due to mortgage fraud continue to be one of the biggest challenges to lenders in today’s marketplace. We serve every client with their best interest in mind, protecting their businesses to ensure the loans they make are loans that can be repaid.
Benefits of our SSA authentication report:
- We link directly with the Social Security Administration to authenticate the borrower’s Name, Social Security Number and Date of Birth:
- A signed SSA-89 authorization form allows for the verification of an individual by comparing these three key identifiers with the SSA online database, resulting in a match, no match, or deceased. Invalid SSNs are also identified.
It provides early detection of identity theft which reduces fraud and risk.
Improves accuracy and achieves consistency
The process is online, allowing for 24/7 submittal and retrieval.