Mortgage company unveils fraud prevention program
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- 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.
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