Our Data Integrity helps you
Make Their Dreams
Come True
At Advanced Data, it is our goal to consistently
provide superior service along with constant
innovation through our technology, so our
clients can do what they do best – close loans.
Advanced Data
is a key component...
...to an efficient process
We specialize in customizing our services to enhance your process.
Customized technology, improved communication and a better process will
improve work flow in areas your staff thought they just had to ‘deal with’.
...and data integrity
We improve data integrity and make loans more valuable, whether the
destination is a portfolio or the secondary market.
Loan processors must handle a large variety of tasks every day, whereas our
team is made up of experts who specialize in very specific areas of fraud
prevention.
In addition, we offer enhancements to
standard verifications to add another
layer of security.
Advanced Data is a key
component to increased
efficiency and data
integrity.
ITV
INCOME TAX VERIFICATION 4506-T
24 Hours or Less
This is the fastest turn-around time available. This is a process that can take up
to two weeks, whether in-house or with other companies. There is no easier or
faster way to verify income tax records than through Advanced Data.
Customized
Software Solutions
Advanced Data is fully integrated
in the widely used ENCOMPASS
360® Loan Origination Software.
Simply choose Advanced Data
as your preferred vendor, directly
within the ENCOMPASS 360®
software to order our services.
Our SaaS platform was developed
for clients who need the option of
a custom-built solution. Thus, we
can be integrated into a number of
loan origination software systems
including your proprietary system.
Our software offers the capability
to batch order thousands of
transcripts with ease.
Our orders regularly come
in under the 24 hour mark the fastest turnaround in the
industry.
Flexible solutions - our
software is proprietary and
was developed with a view
to offering specialized results
for our clients.
advanceddata.com
1084
Automated Cash Flow Analysis
Saves Time and Money
Time-consuming forms are costly and slow the loan
process down. That is why Advanced Data offers
an on-demand service for the 1084 form. Simply
choose the 1084 Cash Flow Analysis Service to
streamline your loan process even further.
New Advanced Data service.
Save time and streamline the
loan process with the 1084
automated service.
Sample ITV
Report
VOE
VERIFICATION OF EMPLOYMENT
The Industry Leader
We lead the industry in Verification of Employment services. Our staff
of experts ensure the fastest and most efficient verification available.
When a complicated service like VOE is paid for only as needed, it saves
time and expense. So using Advanced Data for your VOE service results
in streamlined costs and increased data integrity.
100% VOE Solution
Advanced Data’s VOE
service covers any and all
employment scenarios
including military, selfemployment, and third
party verifiers. There is
nothing our staff can’t
handle.
A complete and easy
on-demand employment
verification solution - isn’t
this what you have always
wanted?
Advanced Data offers a very
valuable re-verification feature.
A second verification can be
scheduled with your initial
order to re-verify just days
before the closing.
Using Advanced Data for
your VOE service results
in streamlined costs and
increased data integrity.
advanceddata.com
RE-VOE
Our Re-VOE stops high-risk loans
Mortgage Lenders depend on
Advanced Data to prevent and
elimate high-risk loans.
Our Verification of Employment
(VOE) and Re-VOE solutions
stop high risk loans from
proceeding.
Our experienced team of verifiers
catch borrower’s unemployment
just days before going to closing
on a regular basis.
Stopping a high-risk loan from
landing in our client’s portfolio is
something we do every day.
Email sent
to alert the
lender before
closing
Sample
VOE Report
The VOE
Process
Your VOE
Process with
Advanced Data
Our process
mitigates risk
and streamlines
your workflow.
VOE+
®
VERIFICATION OF EMPLOYMENT PLUS
Strengthen Confidence in Borrower’s Reported Income
What if you could be alerted every time the VOE-reported income
doesn’t match to the most recent tax transcripts? Advanced Data
introduces VOE+® a new way to ensure income data integrity. VOE+ is
the only product that can give you this kind of confidence.
Take Control
Our proprietary software
has been designed to
analyze data from the
borrower’s most recent
tax returns and compare
it to the amount reported
on the Verification of
Employment form for a
more robust VOE report.
The variance is reported
as a percentage - and
you set the variance at
which you would like to
be informed.
VOE+ crosschecks the income
reported on the Verification
of Employment form with the
income reported from the IRS.
If a significant variance is found,
you are alerted in the report.
You take control of your
reports by assigning a
tolerance percentage. Our
software will automatically
include an alert if that
tolerance is exceeded.
advanceddata.com
Customer Service
Superior Communication
Excellence in communication results in a more efficient process.
Challenge
Solution
Results
The challenge came when
another vendor approached
one of our clients.
Action was quick and
decisive.
Companies continue to
court our client, some with
even grander promises.
They promised to undercut
price and deliver spectacular
service.
Our client switched their
processors from Advanced
Data to the new company.
The result? Turnaround time
for ITV’s skyrocketed and
communication evaporated.
The new vendor rarely
notified our client’s
processors of the status,
even when a 4506-T was
rejected.
When a notification did
come in, no details were
given and no suggestions
offered as to why it was
rejected.
The processors were at
a loss. There was no way
for them to know how to
proceed with these orders.
They were accustomed
to dealing with Advanced
Data, whose staff kept in
close contact. Advanced
Data would notify our client
immediately if there were
any issues.
“We began hearing what
can be described as outcry
from the processors we had
worked with,” says Annette
Noonan of Advanced Data,
“They were used to regular
communication and a fast
turnaround.”
As soon as it became
clear that the vendor’s
actions were hindering
productivity, our client
made the call: Switch back
to Advanced Data.
The order to go back to
Advanced Data came down
three weeks after the initial
switch.
Processors were
relieved, and their
compliments came
pouring in. They
continue to this day:
“You saved the closing
today.” - D.K.
“Your attentiveness
to details are
unbelievable over
there at Advanced
Data!!” - C.M.
But they have clearly seen
the advantage of Advanced
Data. A unique blend of
experience and customer
service has brought real
success.
They are loyal to Advanced
Data, and Advanced Data
shows deep appreciation
for that loyalty by offering
continued excellence.
“Our client told us there was an
uproar from the loan processors.
She wanted to know what needed
to be done to switch back to
Advanced Data.’
– Annette Noonan, Advanced Data
AVM
AUTOMATED VALUATION MODEL
Detailed Reports - Fast
Simply complete a few fields about the property in Advanced Data’s state
of the art web application, and receive the report immediately. View detailed
information about the property value and a map of its location from Google.
Beyond HVE
Advanced Data offers a
unique version of Freddie
Mac’s Home Value Explorer
(HVE®). In our version, the
report is highly visual and
easy to read, with Google
Maps and other special
enhancements to deliver a
superior product.
Already using a Freddie
Mac Home Value Explorer
product?
Be
sure
to
compare our HVE product
with the one your institution
currently uses.
Freddie Mac’s HVE® database
provides extensive coverage.
Already using a Freddie Mac
Home Value Explorer product?
Not all are the same, so ask for
a compare/contrast study of
our HVE product with the one
your institution currently uses.
advanceddata.com
Looking Closer
Not all HVE products are alike.
Even if you are already using a Freddie Mac based product, our product
is typically superior, and cost is not typically an issue. Our AVM product
is the best of Freddie Mac’s HVE®, wrapped up in the most complete and
comprehensible package. Are you using the best AVM product out there?
Google Map
Confidence Score
Accurate Market Value
Detailed Property
Report
Comparative Properties
and Local Sales
Google Satellite Map
SSNV
SOCIAL SECURITY NUMBER VERIFICATION
Triple Threat
We don’t just verify the Social Security number, but cross reference it with
the date of birth and name, for a three layer check that you can’t find just
anywhere.
Our Ability to Customize
Advanced Data has established
a reputation for customizing our
services to fit our client’s needs.
We give you tailored options
for SSNV. For example, we can
program to automatically check
an SSN against the individual’s
address, phone number, driver’s
license, and even against the
OFAC list.
Bundle Up and Save
Bundle SSNV with ITV, AVM,
Flood, and VOE to ensure
the best service on all your
fraud prevention products and
optimize savings.
Our three layer check ensures
that the crucial Social Security
Number Verification has no
surprises.
Need a more extensive check
of the SSN? With Advanced
Data, you can customize the
verification. We can arrange to
check against the borrower’s
address, driver’s license, phone
number, and the OFAC list.
advanceddata.com
Above & Beyond
When going the extra mile is standard
We know that every mortgage lender has its own challenges and specific
needs. That’s why we have based our system on proprietary software to
be flexible on any level.
Beyond your typical SSNV.
Advanced Data crossreferences SSN by: Date of
Birth, Name, and the Social
Security Number.
SOCIAL
SECURITY
NUMBER
DATE OF
BIRTH
SSNV
Sample
Order
NAME
FZD
FLOOD ZONE DETERMINATION
Most Accurate
Advanced Data helps clients originate loans that fully comply with FEMA
flood regulations. One-time basic determinations are conveniently provided
with the FEMA Standard Flood Hazard Determination Form. Advanced
Data provides the most accurate determination of whether a structure
is located within a Special Flood Hazard Area (SFHA), helping clients
determine whether a structure is in need of mandatory flood insurance.
Life of Loan Services
Life of Loan FZD provides
comprehensive monitoring
of loans from origination
forward,
including
the
required
tracking
in
changes to FEMA flood
maps. Life of Loan FZD
safeguards your portfolio
from potential expense
and liability.
Life of Loan FZD safeguards
your portfolio from potential
expense and liability.
Advanced Data’s Flood Zone
Determination product will
help you originate loans that
fully comply with FEMA flood
regulations.
advanceddata.com
www.advanceddata.com
Shading to indicate
flood zones
QC
QUALITY CONTROL AUDIT GENIUS
QC Audit Genius - Quality Control Audit Services
We’ve streamlined and safeguarded the mortgage process by automating
the pre-underwriting, pre-closing and post-closing analysis of loan
documentation.
New Technology Saves Time
QC Audit Genius technology
automates the detection and
identification
of
information
deficiencies in loan files.
New Technology Saves Money
QC Audit Genius allows detection
and identification on information
deficiencies
both
more
accurately and more efficiently
than traditional loan evaluation
services or in-house manual
reviews.
Quality Control Audit Genius
automates the detection and
identification of information
deficiencies in loan files.
This service can be used as
a stand-alone audit service,
or to reduce the amount
and frequency of traditional
manual reviews.
advanceddata.com
FR
FRAUD REPORT
The Proactive Approach
Quickly identify each loan’s fraud risk before and after funding. Our
Fraud Reports use predictive-analytics scoring technology and expose
suspicious mortgage loans at
Detect fraud within seconds.
the application stage, enabling
lenders, investors and servicers
Identify top fraud indicators
to quickly identify each loan’s
fraud risk before or after
funding. Fraud Report applies
the analytic advancements
credit card companies have
used to reduce fraud losses by
nearly 70 percent.
Portfolio Analysis
The Portfolio Analysis feature
helps you to spot questionable
loans within your portfolio and
take proactive steps to prevent
early payment defaults and
buybacks.
for loans before they reach
your portfolio. Scan for loans
already in your portfolio that
have become risky. Unbeaten
performance.
Vibrant graphics of the
interface and intuitive design
makes this service simple to
learn and use.
Improve your world
Let Advanced Data bring increased
efficiency and data integrity to your
loan process.
How do you get started?
We invite you to speak to your Advanced Data Account
Representative about your loan process. Share with them challenges
you are experiencing and where you would like to see improvement.
Once we know what makes your process unique, we can then tailor
our solutions to match your processes and improve workflow.
Making Advanced Data your fraud solutions and verifications
provider will give you added security and improved data integrity.
And with Advanced Data as your partner, you will experience the
level of customer service and superior technology you deserve.
Advanced Data
800 . 537. 0458
advanceddata.com
inquiries@advanceddata.com
212 E Harford Street
Milford, PA
18337
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SAMPLE
VOE+
®
Prepared for MORTGAGE CORPORATION
September 5, 2013
Borrower:
Order #12345
Smith, J. (SSN: *****-0000)
2012
Income Reported on 1040
Income Reported by Employer
• Davis Company
__________________________________________
TOTAL
$44,000.00
$32,000.00
• Jones Company
$10,000.00
__________________________________________
TOTAL
$42,000.00
$
Difference for 2012 Earnings
2,000.00 (4.5%)
2011
Income Reported on 1040
Income Reported by Employer
__________________________________________
• Davis Company
$55,894.00
__________________________________________
TOTAL
$52,000.00
Difference for 2011 Earnings
TOTAL
$55,894.00
$
3,894.00 (6.9%)
Thank you for choosing Advanced Data! If you require assistance, please login to Advanced
Data, click on order # 12345, and then click the Email Customer Service button.
IMPORTANT: This report is for the exclusive use of the person who placed the order and may contain information that is proprietary, privileged,
confidential or exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that any viewing,
copying, use, disclosure or distribution of this information may be subject to legal restriction or sanction. Please notify the sender, by email or
telephone, of any unintended recipients and delete the original message without making any copies.
© Copyright 2013 Advanced Data, LLC All rights reserved.
Questions? Please call 800 537 0458 or email voe@advanceddata.com
SAMPLE
VOE
Prepared for MORTGAGE CORPORATION
September 5, 2013
The follwoing Verification of Employment order has been completed. Log in to the Advanced Data
ITV Application at itv.advanceddata.com for future access to these files you have requested.
SUMMARY
John Smith is currently employed at Jones Company.
They have worked at Jones Company since 3/1/2013.
Information Verified by:
Telephone number: 555-555-5555
Verified via the Internet: http://tinyurl.com/abcdefg
Borrower Name
SSN
Employer
John Smith
123-45-6789
Jones Company
Employment Status
Active
Probability of Continued Employment
Good
Start Date
Date Terminated
Job Title
Verification Date
3/1/2013
N/A
Manager
9/5/2013
Re-Verification Date
Internet Verification Link
Other Information
http://tinyurl.com/abcdefg
WVOE - Please note Mr. Smith has
no ownership in Jones Company.
When contacted, the phone was
answered as a business
IMPORTANT: This report is for the exclusive use of the person to whom placed the order and may contain information that is proprietary,
privileged, confidential or exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that
any viewing, copying, use, disclosure or distribution of this information may be subject to legal restriction or sanction. Please notify the sender,
by email or telephone, of any unintended recipients and delete the original message without making any copies.
© Copyright 2013 Advanced Data, LLC All rights reserved.
Questions? Please call 800 537 0458 or email voe@advanceddata.com
SAMPLE
ITV
Prepared for MORTGAGE CORPORATION
September 5, 2013
SUMMARY
Processor,
Advanced Data has received the following transcripts from the IRS which
completes this order. Please log in to the Advanced Data ITV Application to
access a copy of all the transcripts referenced below.
Order ID
Borrower Name
SSN
Forms
Tax Period
Date Completed
92212
John Smith
*****6789
1040
W2/1099
Record of Account
2010, 2011, 2012
9/5/2013
IMPORTANT: This report is for the exclusive use of the person to whom placed the order and may contain information that is proprietary,
privileged, confidential or exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that
any viewing, copying, use, disclosure or distribution of this information may be subject to legal restriction or sanction. Please notify the sender,
by email or telephone, of any unintended recipients and delete the original message without making any copies.
© Copyright 2013 Advanced Data, LLC All rights reserved.
Questions? Please call 800 537 0458 or email support@advanceddata.com
SAMPLE
SSNV
Prepared for MORTGAGE CORPORATION
September 5, 2013
SUMMARY
SSN VERIFICATION
SSA DIRECT CONNECTION
VALIDATION INFO
Order Number
33333
SSN
Requested on
9/5/2013
Full Name
John Smith
Requested by
Processor
Birth Date
9/9/1999
Loan Number
Form SSA-89
123-45-6789
Smith-33333-SSA89.pdf
Loan Officer
Loan Processor
STATUS: VALID
Verified with Social Security Administration
IMPORTANT: This report is for the exclusive use of the person to whom placed the order and may contain information that is proprietary,
privileged, confidential or exempt from disclosure under applicable law. If you are not the intended recipient, you are hereby notified that
any viewing, copying, use, disclosure or distribution of this information may be subject to legal restriction or sanction. Please notify the sender,
by email or telephone, of any unintended recipients and delete the original message without making any copies.
© Copyright 2013 Advanced Data, LLC All rights reserved.
Questions? Please call 800 537 0458 or email ssnv@advanceddata.com
NOTES
NOTES
800 . 537. 0458
inquiries@advanceddata.com
www.advanceddata.com
All material copyright 2013, Advanced Data. VOE+ and the Advanced Data logo are registered trademarks of Advanced Data.
www.advanceddata.com