ENCORE
The next generation in consumer information reporting.
Exclusively from First American CREDCO, ENCORE is the industry’s only comprehensive consumer reporting solution that delivers FCRA-compliant risk analysis for all critical elements of the mortgage application and servicing processes. In seconds, ENCORE delivers a 360-degree risk view of the consumer and lending transaction that’s easy to interpret and 100% decisionable – all in a single transaction.
Exclusive Data Intelligence
ENCORE combines, sorts and delivers exclusive data intelligence from thousands of public, private and proprietary data sources. The result is a customizable rules-based analysis of this data, complete with recommended actions.
Each report delivers comprehensive decisioning data and analysis in the following critical categories:
ENCORE Summary:
Features an at-a-glance summary of key consumer and mortgage loan factors, such as mortgage lending activity, subject property data, lien status and credit history of an existing or previous mortgage loan. Includes caution alerts for identity or property fraud and transaction data that may represent loan risk indicators.
ENCORE Property:
Features property characteristics and historical data, owner occupancy analysis, estimated value, comparables and valuation on nearby sales in the market to determine potential risks associated with the subject property.
ENCORE Credit:
Provides applicant’s credit information from all three national credit bureaus along with public records information and other data sources to help determine applicant credit worthiness.
ENCORE Identity:
Displays Red Flag fraud and FACT Act alerts along with key identity information, such as name, AKAs, other related SSNs and addresses associated with an applicant to help detect and resolve potential fraud.
ENCORE Income:
Verifies inferred or stated income and employment history to help determine if an applicant has the capacity to meet payment obligations.
ENCORE Participants:
Verifies licensing information and notes any sanctions filed against third-party brokers, appraisers, loan officers and other mortgage professionals involved in the transaction.