verifications: cVerifs, Inc. announces Retro Employment Verification
- 08/28/12 09:10 AM
cVerifs, Inc. announced today a Retro Employment Verification review service which provides transparency to the underwriting efforts that were performed at the time of origination and assists with managing repurchase risk with a Retro Income Verification. With the high levels of loan foreclosures and repurchase requests, the mortgage industry has had to perform a considerable number of loan file reviews for underwriting due diligence and validation of information. The loan-level documentation is being validated to support compliance of the purchase contract or uncover what may have been missing; areas that have rarely been challenged historically in the industry. Top Income deficiencies … (0 comments)
cVerifs, Inc. announced today a Retro Employment Verification review service which provides transparency to the underwriting efforts that were performed at the time of origination and assists with managing repurchase risk with a Retro Income Verification.
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