News


3/19/2014
Kroll Factual Data Announces Integration to Mortgage Builder Software
Additional integrations include third-party verifications and risk mitigation services
More  »
3/12/2014
IRS 4506-T Requirements Effective March 17, 2014
Important notice regarding Internal Revenue Service (IRS) Form 4560-T
More  »
2/14/2014
Kroll Factual Data and Lending Manager announce software integration
Kroll Factual Data announces integration of credit reporting services into Lending Manager
More  »
2/7/2014
Kroll Factual Data Announces Additions to Ellie Mae’s Encompass Mortgage Management Solution
Additional integrations include third-party verifications
More  »
1/27/2014
Kroll Factual Data names Jay Giesen Senior Vice President, Sales
Kroll Factual Data names Jay Giesen Senior Vice President, Sales
More  »
1/23/2014
Kroll Factual Data Announces Spike in Potential Mortgage Fraud
Quarter over quarter rise of over 10% across the country cause for concern and heightened vigilance
More  »
10/30/2013
Kroll Factual Data’s software integration with Mortech’s Marksman enables credit pulls earlier in the loan process
Kroll Factual Data’s software integration with Mortech’s Marksman enables credit pulls earlier in the loan process
More  »
10/28/2013
Blueberry Systems and Kroll Factual Data Partner to Help Lenders Comply with Fannie Mae Loan Quality Initiative
Blueberry Systems and Kroll Factual Data Partner to Help Lenders Comply with Fannie Mae Loan Quality Initiative
More  »
10/24/2013
As lenders deal with complexities of the imminent new loan quality regulations, more trouble ahead as Kroll Factual Data reports increase in potential mortgage application fraud
Quarterly Mortgage Fraud Press Release
More  »
10/23/2013
Kroll Factual Data integration into Mortgage Builder Software to help lenders comply with Fannie Mae Loan Quality Initiative
Additional integrations include third party verifications and risk mitigation services
More  »
7/24/2013
Kroll Factual Data uncovers almost 40% increase in potential fraud in loan applications from California and Massachusetts MSAs
High regional variation belies the national average increase of only 1 percent
More  »
4/15/2013
Mortgage applications analysis points to slight decrease in potentially fraudulent activities
Mortgage applications analysis points to slight decrease in potentially fraudulent activities
More  »
4/12/2013
LoanFocus from Kroll Factual Data provides lenders a suite of solutions to strengthen loan quality and to minimize buyback exposure
LoanFocusSM from Kroll Factual Data provides lenders a suite of solutions to strengthen loan quality and to minimize buyback exposure
More  »
2/21/2013
Press Release: Kroll Factual Data addition to Ellie Mae’s Encompass360 to help lenders comply with Fannie Mae Loan Quality Initiative
Additional integrations include third party verifications and risk mitigation services
More  »
2/13/2013
NOTICE: Kroll Factual Data will be closed Monday, February 18th
Presidents' Day
More  »
1/24/2013
Media Release: Potential fraud rises in mortgage applications at same time CFPB issues more stringent rules for lender scrutiny
Significant increases in diverse metropolitan statistical areas point to need for continued vigilance
More  »
1/16/2013
NOTICE: Kroll Factual Data will be closed Monday, January 21st
Martin Luther King, Jr. Day
More  »
1/8/2013
Media Release: Kroll Factual Data addition to ISGN platform to help lenders comply with Fannie Mae Loan Quality Initiative
Kroll Factual Data addition to ISGN platform to help lenders comply with Fannie Mae Loan Quality Initiative
More  »
12/19/2012
Happy Holidays from Kroll Factual Data
Wishing you and your family a happy holiday season and a prosperous New Year!
More  »
12/19/2012
UPDATE: Risk Based Pricing Letters H-1 through H-7
In compliance with the Consumer Financial Protection Bureau’s (CFPB) directive, beginning January 1, 2013 Risk Based Pricing Letters H-1 through H-7 and associated documents generated by Kroll Factual Data will meet the CFPB’s requirements.
More  »
11/15/2012
Risk Based Pricing Letters H-1 through H-7
In compliance with the Consumer Financial Protection Bureau’s (CFPB) directive, beginning January 1, 2013 Risk Based Pricing Letters H-1 through H-7 and associated documents generated by Kroll Factual Data will meet the CFPB’s requirements.
More  »
11/6/2012
Kroll Ontrack offers free data recovery evaluations for storage devices affected by Hurricane Sandy
Kroll Ontrack, the world's leading data recovery company, is offering free data recovery evaluations and discounted data recoveries for all desktops, laptops and USBs affected by superstorm Sandy, which has left millions across the East Coast without power and access to mass transit. These offers run through November 23, 2012.
More  »
10/16/2012
Join Kroll Factual Data in Chicago October 21-24 at MBA’s 99th Annual Convention and Expo
Kroll Factual Data will be exhibiting at MBA's 99th Annual Convention & Expo in Chicago October 21-24 and would like to meet with you.
More  »
6/22/2012
Kroll Factual Data names David O'Malley Director, Business Development
Kroll Factual Data (KFD) has appointed David O'Malley Director of Business Development, Quality Assurance (QA) and Quality Control (QC).
More  »
6/5/2012
Kroll Factual Data names Mike Mauseth Senior Vice President, Product Development
Kroll Factual Data announced today that Mike Mauseth will be joining the company as senior vice president, product development.  In addition to heading the product development efforts, Mr. Mauseth will be responsible for managing channels and alliances, marketing and analytics.
More  »
5/30/2012
Kroll Factual Data names Jennifer Byers Vice President, Product Development
Kroll Factual Data (KFD) named Jennifer Byers vice president of product development. In her new role, Ms. Byers will provide oversight and leadership to the product development team.
"Jennifer brings a wealth of experience in leading all aspects of developing and deploying technical business solutions and applications," said Rod Bazzani, president, Kroll Factual Data.
More  »
5/22/2012
Mortgage lenders face risk and additional cost of doing business
Kroll Factual Data, Inc. ("Kroll Factual Data"), a leading provider of independent verification services to mortgage lenders, banks, credit unions and property management firms, announced today that more than 14 percent of the loan files .processed by Kroll Factual Data in 2011, and in the first quarter of 2012, contained certain applicant-provided information that suggested the possibility of fraudulent activity. Using its proprietary risk analysis and verification engines, Kroll Factual Data determined these files triggered alerts that could indicate the presence of mortgage origination fraud, resulting in reputational damage and/or increased costs of doing business for lenders and other mortgage providers.
More  »
5/14/2012
Kroll Factual Data completes integration with On The Go Technology iPad App
Kroll Factual Data, a trusted provider of independent verification solutions to mortgage lenders and investors, banks, credit unions, and other businesses today announced an integration with On The Go Technology and their mobileLO iPad app.
More  »
2/1/2012
Kroll Factual Data Releases Credit Assure
Credit Assure from CreditXpert automatically scans credit files for opportunities to raise credit scores based on accuracy or credit management updates further enhancing Kroll Factual Data’s credit score analysis and rescoring solutions.

More  »
11/15/2011
Microsoft features Kroll Factual Data in case study about it's advanced virtualization solution to boost IT efficiency and cloud readiness
Microsoft features Kroll Factual Data in case study about advanced virtualization.
More  »
11/9/2011
Kroll Factual Data and Advanced Financial Technologies announce integration
LOVELAND, Colo., Nov 9, 2011 - Kroll Factual Data, a leading provider of independent verification services to mortgage lenders, banks, credit unions, property management firms and other businesses has integrated credit reporting services with Advanced Financial Technologies of Carlsbad, CA. 

More  »
11/7/2011
Kroll Factual Data announces new service to aid in FDIC large-bank pricing rule compliance.
LOVELAND, Colo., Nov. 7, 2011 – Kroll Factual Data, a leading provider of independent verification services to mortgage lenders, banks, credit unions, property management firms and other businesses, announces the release of Subprime Qualifier.
More  »
11/7/2011
Kroll Factual Data completes integration with Overture Financial Solutions

LOVELAND, Colo. Nov. 7, 2011 – Overture Financial Solutions and Kroll Factual Data have completed the integration of Kroll Factual Data’s credit reporting services with Overture’s Mozart Automated Underwriting Platform.  This integration provides Overture with additional credit providers to expand the supported credit footprint within its platform and enables the company to offer additional credit services to its client base.


More  »
10/24/2011
Kroll Factual Data releases new Tax Return Verification Solutions.


More  »
9/22/2011
Join Kroll Factual Data in Chicago October 9-12 at MBA’s 98th Annual Convention and Expo.


More  »
8/1/2011
Rod Bazzani appointed President of Kroll Factual Data
Kroll Factual Data , a leading provider of independent verification services to mortgage lenders, banks, credit unions, property management firms and other businesses, announced today that Rod Bazzani has joined the company as president.
More  »
7/12/2011
UDPATE: Kroll Factual Data announces solution for Dodd-Frank Score Disclosure Requirements
Risk-Based Pricing Notices H-6 and H-7 as well as the option for adding scores to the Adverse Action letter are now available!
More  »
6/22/2011
Kroll Factual Data announces solution for Dodd-Frank Score Disclosure Requirements
Beginning July 21, 2011 Kroll Factual Data will provide customers the ability to automatically generate Risk-Based Pricing Notices H-6 and H-7 with each credit report request.Also, Kroll Factual Data can further help ensure compliance and reduce staff burdens by printing and mailing the disclosure letters for a nominal fee.
More  »
3/28/2011
Kroll Factual Data completes new integration with Equity Residential
Kroll Factual Data has completed a new integration to provide the company’s FactualID-Identity Report from within Equity Residential’s internal systems for screening prospective residents.
More  »
3/1/2011
The Top Five Reasons to Believe in Lending Again
Learn five reasons why the future of lending holds promise, from this white paper published in the March 2011 issue of National Mortgage Professional magazine.

More  »
12/29/2010
Kroll Factual Data launches Risk-Based Pricing Compliance Service
Kroll Factual Data, a trusted provider of independent verification solutions, today announced a new service to help clients save time and efficiently comply with the Fair Credit Reporting Risk-Based Pricing Regulations that take effect Jan. 1, 2011. Customers can now take advantage of the ability to automatically generate Risk-Based Pricing Notices with each credit report request at no charge and an optional automated fulfillment service to print and mail notices to applicants for a nominal fee.
More  »
10/28/2010
Repurchase Rx
The flood of repurchase demands, and the ongoing headache that it brings to mortgage lenders, appears to be far from over, according to regulatory filings made by the GSEs that estimate 2010 repurchase demands may reach $21 billion. Fannie Mae reports that in the first quarter, lenders repurchased about $1.8 billion in loans, up from approximately $1.1 billion in Q1 of 2009.
More  »
10/28/2010
Fannie Mae's LQI: Six Questions to Ask about Detecting Undisclosed Liabilities
With the June 1 deadline to implement new loan quality control changes outlined by Fannie Mae's Announcement SEL-2010-01 here today, many lenders have been scrambling to put a process into place that helps them improve their compliance and mitigate repurchase risk.

More  »
8/13/2010
Altegrity announces post-close organization with addition of Kroll
Altegrity, Inc. today announced the alignment and organization of several areas of its business now that the completion of the acquisition of Kroll Inc. by Altegrity has closed.
More  »
8/3/2010
Altegrity and Marsh & McLennan Close Kroll Acquisition
Altegrity, Inc. and Marsh & McLennan Companies, Inc. (NYSE: MMC) today announced the completion of the acquisition of Kroll Inc. by Altegrity.
More  »
5/10/2010
Kroll Factual Data Announces Loan Quality Initiative Services
Kroll Factual Data, a leading provider of independent verification solutions, today announced the availability of a comprehensive set of services that help mortgage lenders meet new Fannie Mae Loan Quality Initiative (LQI) requirements. The services can be selected individually or as a complete solution to address the entire process from pre-qualification to post-closing quality control.
More  »
12/1/2009
Frontier State Bank Selects Kroll Factual Data to Provide Independent Verifications
Kroll Factual Data, a leading provider of business information solutions to financial organizations announced today that they have been selected by Frontier State Bank to provide independent verification of borrower data prior to all loan closings. The Oklahoma-based bank primarily originates Federal Housing Administration (FHA), Fannie Mae and Freddie Mac loans.
More  »
10/15/2009
Kroll Factual Data Wins Mortgage Technology Magazine's 10X Award
Kroll Factual Data, a leading provider of business information solutions to financial organizations, has won Mortgage Technology magazine’s 2009 10X Award. The 10X award, one of industry's highest technology honors, is presented to the company, product or technology application the publication feels has had an exponential impact on the mortgage industry. Kroll Factual Data won the award for its comprehensive approach in addressing the growing need for independent verifications to mitigate risk.
More  »
10/12/2009
Kroll Factual Data Introduces Independent Verification Solution to Help Lenders Comply with New Federal Housing Authority (FHA) Requirements
Kroll Factual Data, a leading provider of business information solutions to financial organizations today announced the release of an Independent Verification Solution which helps lenders comply with the proposed FHA credit policy changes announced on September 18, 2009
More  »
8/3/2009
Kroll Factual Data Inks Preferred Partnership Deal with Prime Alliance Solutions
Kroll Factual Data, a provider of business information solutions to financial organizations, announced today that it has partnered withTukwila, Wash.– based, Prime Alliance Solutions, Inc., a provider of iMortgage solutions for credit unions, to bring an integrated offering of Kroll Factual Data’s credit and flood technology services through Prime Alliance Solutions’ LOS platform.

More  »
4/8/2009
Kroll Factual Data Mitigates Loan Risk Through Third Party Verification
Kroll Factual Data, a leading provider of business information solutions to financial organizations and subsidiary of Kroll Inc., the world’s leading risk consulting company, announced today the addition of Third Party Verification (TPV) as an expanded service. Third Party Verification addresses the growing need of lenders, servicers, and financial institutions to obtain an unbiased verification of information.

More  »
3/30/2009
MRG Document Technologies Forms Alliance with Kroll Factual Data
MRG Document Technologies (MRG), a provider of mortgage technologies to banks, credit unions and other lenders, announced an alliance with Kroll Factual Data, a provider of business information solutions to financial organizations and subsidiary of Kroll Inc., the world’s leading risk consulting company, to provide MRG clients access to three of Kroll Factual Data’s risk assessment products, FactualID, FullFacts and CollateralFacts.

More  »
3/11/2009
Kroll Factual Data Curbs Borrower Fraud With FactualID
Kroll Factual Data, a leading provider of business information solutions to financial organizations, announced today that it will offer its consumer identity verification product in conjunction with tri-merge credit reports. FactualID, a comprehensive borrower assessment, helps lenders prevent fraud and reduce risk by uncovering possible identity misrepresentation.

More  »
2/8/2009
Kroll Factual Data, MIAC Analytics Offer Real-time Integrated Analytical Data to Financial Services Companies
Kroll Factual Data, a leading provider of business information solutions to financial organizations and subsidiary of Kroll Inc., and MIAC Analytics, a leading provider of post-origination and secondary mortgage pricing, hedging, accounting and risk management solutions, announced today an alliance to provide whole loan collateral risk assessment to mortgage investors and risk managers

More  »