ST. LOUIS--(BUSINESS WIRE)--DataVerify®, a leading provider of data verification, risk mitigation, workflow enhancement and data aggregation services, now provides flood zone determinations to the mortgage industry.
“DataVerify now provides flood determinations prepared by DataVerify Flood Services®, a sister company previously known as FZDS™,” said DataVerify President Brad Bogel. “Recently rebranded to reflect DataVerify’s commitment to meet our customers’ demands and create more efficient workflow, DataVerify Flood Services is an important asset that we can now make available.”
DataVerify Flood Services provides flood zone determinations nationwide for lender compliance with National Flood Insurance Program regulatory requirements. Life-of-loan tracking, census tract data, borrower’s notices, and aerial map copy makes DataVerify Flood Services a single-source for flood zone determinations. DataVerify Flood Services focuses on accuracy and delivering flood zone determination solutions that save lenders time and money.
As a National Flood Determination Association member company, DataVerify Flood Services offers state-of-the-art mapping, tracking, convenient reporting options, and dependable flood zone determinations. Leading-edge technology enables DataVerify Flood Services to provide timely and reliable determinations during the lending process while enabling reliable property tracking throughout the life of the loan, thus ensuring its status remains compliant with the mandatory purchase requirement.
DataVerify Flood Services has been a provider of flood determinations to banks and credit unions since the 1990s with origination platforms and integrations with companies including MSP®, Black Knight’s servicing system, and Sagent Lending Technologies’ LoanServ™ loan servicing solution for complete end to end fulfillment. DataVerify Flood Services has broad experience with evolving technology, including customer-facing origination, internal processing technology and servicing systems.
DataVerify is a leading provider of risk mitigation, data validation, decision management, and flood zone determinations for the mortgage industry. DataVerify harnesses advanced analytics and technology to create automated and configurable workflow and decision management solutions while empowering lenders to make precise and consistent business decisions through an engine that identifies and measures hidden threats such as data integrity errors and misrepresentations, identity theft, and property and application risk.