We are activating a feature in our LOS that will integrate the consumer report ordering process with the application process. I know that such systems are standard within the industry. Within this application though, lenders can update/change borrower information, such as a new address or inaccurate DOB, and it exports directly to the consumer's report. I'm used to identifying red flags and responding to alerts once a credit report has been obtained and reviewed, then reporting the address to the CRAs once the relationship has been established. When I first heard this today, a few warning bells went off inside my head. First of all, at the point of application we don't know that we're even approving the loan. Secondly, by updating an address, we're creating an address discrepancy for the next user. I would like to know what others are doing and if this is an acceptable practice.