Yes!..and many DataQuick customers use our property research tools to do just that. Corona, California-based Paramount Residential Mortgage Group, or PRMG, is one great example. They use DataQuick’s premiere property research tool, PropertyFinder 2G (or PF2G, as we like to call it), to catch loan fraud before it happens.
According to PRMG chief operating officer Robert Holliday, the mortgage group uses PropertyFinder 2G to support its thorough underwriting and quality control processes, including adherence to new RESPA guidelines. PF2G also validates and determines ownership information and square footage. Robert tells us that “With the new challenges we face in the current mortgage lending market, a tool like PropertyFinder 2G is a boon.” READ MORE