Skip to content
GeoDataVision
Thread Options
#1664675 - 02/14/12 02:47 PM Fraud alert
beegee Offline
Diamond Poster
Joined: Feb 2004
Posts: 1,096
South
If borrower has a Fraud alert statement from back in 2004 but the number on the alert is now disconnected - what would be recommended for documentation?

Return to Top
#1665210 - 02/14/12 08:59 PM Re: Fraud alert beegee
EmilyAnn Offline
Gold Star
Joined: Jul 2007
Posts: 273
I'd suggest following up with the customer and letting them know it's still out there and that the number shown is incorrect. Then verify them according to your internal procedures before you proceed with any loan requests. We would document in the file that we contacted and verified the borrower.

Return to Top