« ServiceLink Expands Settlement Capabilities with Successful Integration of ATM Corporation | Main | Bank of America agrees to buy troubled mortgage lender Countrywide for $4 billion in stock »
January 11, 2008
First American CoreLogic Prevents $40 Million in Mortgage Fraud Losses through Its Multi-Closing Alert Program
First American CoreLogic America’s largest provider of advanced property and ownership information, analytics and services, announced that its Multi-Closing Alert Program prevented more than $40 million dollars in residential mortgage fraud losses for institutional participants during the first year of the program.
The Multi-Closing Alert Program is a service offered by First American CoreLogic that helps banks and lending institutions identify and stop multi-lien fraud, otherwise known as “shotgun” fraud.
Posted by S. Germain at January 11, 2008 08:44 AM