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Mortgage company unveils fraud prevention program

April
21
Guaranteed Home Mortgage Co. Inc., a White Plains-based residential mortgage investment company, said that it has developed a new program to help its branches prevent fraud from prospective borrowers. The program includes procedures to confirm identities, verify asset value, tax filings and other information from borrowers.

“Our new fraud program will protect our branches from applicant errors as well as intentional misrepresentations,” President David Wind said in a written statement.

This entry was posted on Tuesday, April 21st, 2009 at 2:16 pm by Jay Loomis. You can follow any responses to this entry through the RSS 2.0 feed.
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Business in the Burbs is our online news blog about businesses based or operating in the Lower Hudson Valley. Visitors here will also find items of interest to consumers in the region. Most contributions are from business reporters and editors covering Westchester, Rockland and Putnam counties.

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