Undisclosed Debt Monitoring

Monitor applicant credit activities between the time of application and time of closing with Undisclosed Debt Monitoring (UDM). Available from either one, two or all three repositories. Debt Notifications will actively monitor a borrower’s file for new tradelines, inquiries, public records, collections, recent derogatories and more.

• Improves the confidence level of investors, mortgage insurers and regulators in your mortgage underwriting practices
• Deal with credit issues earlier in the process
• Enhances the quality of your new mortgage loan originations
• Minimizes loss associated with undisclosed debt