Question 1

Real-time Identity Verification / Person -ID Investigation Report

Accepted Answer

Purpose: Validates core personal details instantly to prevent identity-related mortgage fraud.
Verified Data: First & Last Name, SSN/ITIN, Address, Phone Number, DOB; checks SSA Death Master List; screens OFAC-SDN, GSA-EPLS, HUD-LDP lists; provides fraud risk score.
Risk Mitigation / Compliance Benefits: Confirms true identity, flags high-risk IDs, and prevents compliance violations linked to identity falsification.

Question 2

Address Validation

Accepted Answer

Purpose: Ensures reported addresses are accurate and legitimate.
Verified Data: Matches addresses against USPS standardized database.
Risk Mitigation / Compliance Benefits: Prevents occupancy and address fraud by identifying mismatches or non-existent addresses.

Question 3

Reverse Phone Number Search

Accepted Answer

Purpose: Verifies legitimacy of phone contacts.
Verified Data: Reverse lookup across landline, VoIP, and mobile networks; returns associated name and address.
Risk Mitigation / Compliance Benefits: Confirms borrower or company identity, reducing risk of false or spoofed contacts.

Question 4

Person -SSN -History

Accepted Answer

Purpose: This verification provides additional verification that the input SSN is associated with the applicant. Also provides AKA information on the applicant.
Verified Data: Tracks past associations of SSN with names, addresses, DOBs; ensures SSN issuance date aligns with DOB.
Risk Mitigation / Compliance Benefits: Detects stolen or fraudulent SSNs.

Question 5

Social Security Verification (SSA 89) / Person -SSN ESign Verification

Accepted Answer

Purpose: Confirms identity directly with SSA for compliance with LQI and investor rules.
Verified Data: Uses SSA Form 89 via CBSV service to confirm SSN, name, DOB; returns MATCH/NO MATCH/DECEASED.
Risk Mitigation / Compliance Benefits: Ensures regulatory compliance and borrower authenticity; ESign version supports digital submission.

Question 6

Industry, Investor, and Client Third Participant Watchlist Checks / Person -Participant Report

Accepted Answer

Purpose: Ensures all transaction participants meet compliance standards.
Verified Data: Screens individuals/companies (borrowers, servicers, appraisers) across OFAC, GSA EPLS, HUD LDP, FHFA SCP, and custom lists.
Risk Mitigation / Compliance Benefits: Reduces repurchase and regulatory risk; aligns with OFAC, BSA, and Patriot Act standards.

Question 7

Applicant Bankruptcy, Liens & Judgments / Person -Civil Court Search

Accepted Answer

Purpose: Reveals borrower legal and financial history.
Verified Data: Searches 3,600+ jurisdictions for bankruptcies, tax liens, collections, and judgments.
Risk Mitigation / Compliance Benefits: Identifies financial risk and litigation exposure; minimizes reliance on incomplete credit bureau data.

Question 8

BLJ Supplement Request

Accepted Answer

Purpose: Requests advanced court record research.
Verified Data: Requires loan ID, SSN, and case details.
Risk Mitigation / Compliance Benefits: Ensures precise verification of disputed or unresolved records.

Question 9

BLJ Dispute

Accepted Answer

Purpose: Manages borrower record disputes.
Verified Data: Accepts disputes on findings tied to case details.
Risk Mitigation / Compliance Benefits: Maintains compliance with consumer reporting laws.

Question 10

Person -MERS SSN Lien Report

Accepted Answer

Purpose: Identifies undisclosed mortgage debts.
Verified Data: Searches MERS database using SSN; lists liens, note dates, MIN, servicer data.
Risk Mitigation / Compliance Benefits: Prevents misrepresentation by confirming complete mortgage obligations.

Question 11

Applicant Associated Business Search / Person -Affiliated Business Search

Accepted Answer

Purpose: Investigates borrower business connections.
Verified Data: Finds companies linked to borrower as owner, officer, or partner via state and public records.
Risk Mitigation / Compliance Benefits: Exposes potential conflicts of interest; supports due diligence for self-employed borrowers.

Question 12

4506-C IRS Tax Transcript Verification

Accepted Answer

Purpose: Retrieves income data directly from IRS.
Verified Data: Accesses 1040, W-2, 1099, 1065, 1120 transcripts and non-filing status.
Risk Mitigation / Compliance Benefits: Detects income inflation or falsification.

Question 13

Income -ID Investigation Report with Household Income Estimate

Accepted Answer

Purpose: Provides estimated household income.
Verified Data: Uses demographic and self-reported data for combined income analysis.
Risk Mitigation / Compliance Benefits: Offers context for evaluating borrower’s financial capacity and household stability.

Question 14

Applicant Real Estate Owned (REO) / Person -Property Ownership & Foreclosure History Report

Accepted Answer

Purpose: Uncovers property ownership and foreclosure records.
Verified Data: Lists owned properties, addresses, and foreclosure data.
Risk Mitigation / Compliance Benefits: Detects undisclosed real estate and occupancy misrepresentation.

Question 15

Property -Subject Property-30 / Property Characteristics / Chain of Title / Comparable Sales

Accepted Answer

Purpose: Validates property history and current details.
Verified Data: Confirms ownership, liens, characteristics, and comparable sales.
Risk Mitigation / Compliance Benefits: Ensures valuation accuracy and ownership legitimacy.

Question 16

AVMs (Automated Valuation Models)

Accepted Answer

Purpose: Estimates property market value quickly.
Verified Data: Uses comparable sales, trends, and tax history.
Risk Mitigation / Compliance Benefits: Supports LTV ratio validation and risk-based pricing.

Question 17

Property -FHFA Home Price Index (HPI)

Accepted Answer

Purpose: Evaluates neighborhood value trends.
Verified Data: Five-year home value graph and trend analysis.
Risk Mitigation / Compliance Benefits: Informs collateral valuation and portfolio risk assessment.

Question 18

FEMA Data / Property -FEMA Declared Disaster

Accepted Answer

Purpose: Identifies natural disaster risk.
Verified Data: Lists FEMA-declared disasters in the county.
Risk Mitigation / Compliance Benefits: Ensures hazard insurance coverage and protects collateral.

Question 19

Property -Voluntary & Involuntary Lien Reports

Accepted Answer

Purpose: Reveals property liens.
Verified Data: Includes lien type, amount, lender, and filing details.
Risk Mitigation / Compliance Benefits: Confirms clear title and identifies existing claims.

Question 20

Property -Legal & Vesting with Transcription History

Accepted Answer

Purpose: Validates legal ownership and transaction history.
Verified Data: Legal description, ownership vesting, and transaction details.
Risk Mitigation / Compliance Benefits: Confirms ownership integrity for closing.

Question 21

Property -Recorded Document Images

Accepted Answer

Purpose: Retrieves historical legal documents.
Verified Data: Deeds, mortgages, assignments, liens, foreclosures.
Risk Mitigation / Compliance Benefits: Enables direct due diligence with public land record images.

Question 22

Wire Fraud Protection / Bank Account Verification (BAV) Report

Accepted Answer

Purpose: Prevents wire transfer fraud pre-closing.
Verified Data: Validates bank account ownership and settlement agent info (98% auto success).
Risk Mitigation / Compliance Benefits: Blocks BEC and EAC threats; ensures funds reach correct recipients.

Question 23

BDV -Company C1 / C10 / C1 Monitoring

Accepted Answer

Purpose: Screens and monitors settlement companies.
Verified Data: Reviews compliance, history, and business credentials.
Risk Mitigation / Compliance Benefits: Meets GSE, OCC, CFPB, and FDIC guidelines; ensures vendor reliability.

PitchPoint Product FAQ

I. Identity, Authentication, and Social Security Verification

II. Compliance, Participant Screening, and Licensing

III. Financial Distress, Debt, and Litigation History

IV. Employment and Business Affiliations

V. Income and Tax Verification

VI. Property, Collateral, and Valuation

VII. Operational and Fraud Mitigation Tools

Product Name	Purpose	Verified Data	Risk Mitigation / Compliance Benefits
Real-time Identity Verification / Person -ID Investigation Report	Validates core personal details instantly to prevent identity-related mortgage fraud.	First & Last Name, SSN/ITIN, Address, Phone Number, DOB; checks SSA Death Master List; screens OFAC-SDN, GSA-EPLS, HUD-LDP lists; provides fraud risk score.	Confirms true identity, flags high-risk IDs, and prevents compliance violations linked to identity falsification.
Address Validation	Ensures reported addresses are accurate and legitimate.	Matches addresses against USPS standardized database.	Prevents occupancy and address fraud by identifying mismatches or non-existent addresses.
Reverse Phone Number Search	Verifies legitimacy of phone contacts.	Reverse lookup across landline, VoIP, and mobile networks; returns associated name and address.	Confirms borrower or company identity, reducing risk of false or spoofed contacts.
Person -SSN -History	This verification provides additional verification that the input SSN is associated with the applicant. Also provides AKA information on the applicant.	Tracks past associations of SSN with names, addresses, DOBs; ensures SSN issuance date aligns with DOB.	Detects stolen or fraudulent SSNs.
Social Security Verification (SSA 89) / Person -SSN ESign Verification	Confirms identity directly with SSA for compliance with LQI and investor rules.	Uses SSA Form 89 via CBSV service to confirm SSN, name, DOB; returns MATCH/NO MATCH/DECEASED.	Ensures regulatory compliance and borrower authenticity; ESign version supports digital submission.

Product Name	Purpose	Verified Data	Risk Mitigation / Compliance Benefits
Applicant Bankruptcy, Liens & Judgments / Person -Civil Court Search	Reveals borrower legal and financial history.	Searches 3,600+ jurisdictions for bankruptcies, tax liens, collections, and judgments.	Identifies financial risk and litigation exposure; minimizes reliance on incomplete credit bureau data.
BLJ Supplement Request	Requests advanced court record research.	Requires loan ID, SSN, and case details.	Ensures precise verification of disputed or unresolved records.
BLJ Dispute	Manages borrower record disputes.	Accepts disputes on findings tied to case details.	Maintains compliance with consumer reporting laws.
Person -MERS SSN Lien Report	Identifies undisclosed mortgage debts.	Searches MERS database using SSN; lists liens, note dates, MIN, servicer data.	Prevents misrepresentation by confirming complete mortgage obligations.

Product Name	Purpose	Verified Data	Risk Mitigation / Compliance Benefits
4506-C IRS Tax Transcript Verification	Retrieves income data directly from IRS.	Accesses 1040, W-2, 1099, 1065, 1120 transcripts and non-filing status.	Detects income inflation or falsification.
Income -ID Investigation Report with Household Income Estimate	Provides estimated household income.	Uses demographic and self-reported data for combined income analysis.	Offers context for evaluating borrower’s financial capacity and household stability.

Product Name	Purpose	Verified Data	Risk Mitigation / Compliance Benefits
Applicant Real Estate Owned (REO) / Person -Property Ownership & Foreclosure History Report	Uncovers property ownership and foreclosure records.	Lists owned properties, addresses, and foreclosure data.	Detects undisclosed real estate and occupancy misrepresentation.
Property -Subject Property-30 / Property Characteristics / Chain of Title / Comparable Sales	Validates property history and current details.	Confirms ownership, liens, characteristics, and comparable sales.	Ensures valuation accuracy and ownership legitimacy.
AVMs (Automated Valuation Models)	Estimates property market value quickly.	Uses comparable sales, trends, and tax history.	Supports LTV ratio validation and risk-based pricing.
Property -FHFA Home Price Index (HPI)	Evaluates neighborhood value trends.	Five-year home value graph and trend analysis.	Informs collateral valuation and portfolio risk assessment.
FEMA Data / Property -FEMA Declared Disaster	Identifies natural disaster risk.	Lists FEMA-declared disasters in the county.	Ensures hazard insurance coverage and protects collateral.
Property -Voluntary & Involuntary Lien Reports	Reveals property liens.	Includes lien type, amount, lender, and filing details.	Confirms clear title and identifies existing claims.
Property -Legal & Vesting with Transcription History	Validates legal ownership and transaction history.	Legal description, ownership vesting, and transaction details.	Confirms ownership integrity for closing.
Property -Recorded Document Images	Retrieves historical legal documents.	Deeds, mortgages, assignments, liens, foreclosures.	Enables direct due diligence with public land record images.

Product Name	Purpose	Verified Data	Risk Mitigation / Compliance Benefits
Wire Fraud Protection / Bank Account Verification (BAV) Report	Prevents wire transfer fraud pre-closing.	Validates bank account ownership and settlement agent info (98% auto success).	Blocks BEC and EAC threats; ensures funds reach correct recipients.
BDV -Company C1 / C10 / C1 Monitoring	Screens and monitors settlement companies.	Reviews compliance, history, and business credentials.	Meets GSE, OCC, CFPB, and FDIC guidelines; ensures vendor reliability.