Description
An online, multi-component identity verification tool that provides information retrieved from over 15 billion records retreived from public and private databases. The Social Security Administration (SSA) confirms the authenticity of the borrower’s Social Security number. DirectChek is designed as a pre-funding definitive verification to be used to start the underwriting due diligence process.
The Perfect Solutions for...
DirectCheck-Online Identity Verification Tool is ideally suited for any client in need of identity verification in the financial services or mortage industry.
Benefits
- Definitive results from SSA verifying issuance of a Social Security number to an individual while other companies only monitor the usage of a Social Security number
- Includes public database information about the borrower and usage of the borrower’s Social Security number
- Meets “Know Your Borrower” requirements for USA Patriot Act compliance
- Prevents wasted underwriting manhours on borrower’s with misrepresented identification
- Generates email confirmations when faxed documents are received and when results are posted
Features
- Social Security Check: provides a match/no match of the authorized Social Security number, name, and date of birth to the Social Security Administration database
- Death Master Check: provides a match/no match of the SSN to the SSA Death Master List
- OFAC Check: provides a match/no match of the name on the list of known terrorists, money launderers, or drug traffickers as provided by the US Treasury Department’s Office of Foreign Assets Control
- Credit Header Information: Provides additional names and aliases associated with the Social Security number, date and state of issuance, previous addresses with reporting dates, date of birth, drivers license and telephone information if available, and names of other individuals that have used the borrower’s Social Security number with the number of times they have used it
- A tri-merged credit header report obtained from Experian, Equifax, TransUnion, and proprietary databases that the bureaus are prohibited to use
Current Customers
Testimonials
DirectCheck-Online Identity Verification Tool is available from Rapid Reporting - The Verification Company. Please visit their website at for more information about the product, or contact Rapid Reporting at info@rapidreporting.com. Rapid Reporting - The Verification Company is located in FORT WORTH, TX.
