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CoreLogic unveils IncomePro to combat stated-income fraud.

Publication: Mortgage Banking
Publication Date: 01-NOV-06
Format: Online
Delivery: Immediate Online Access
Full Article Title: CoreLogic unveils IncomePro to combat stated-income fraud.(TechNewz)(CoreLogic Systems Inc.)

Article Excerpt
Sacramento, California-based CoreLogic Systems Inc. announced it has developed IncomePro[TM], an automated validation tool designed to provide lenders with a fast and effective way to establish the soundness of a borrower's income.

Over the last several years, stated-income and no-income verification products have gained prominence in the mortgage marketplace,...

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