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April 22, 2009
One mortgage company has developed a new program to protect itself from borrowers who are seeking to secure mortgages by fraudulent means.
White Plains, N.Y.-based Guaranteed Home Mortgage Co. Inc. said the new program helps confirm identities, verify asset value, tax filings and other borrower data. The proprietary program will also protect against applicant errors as well as intentional misrepresentations, the company president said.
Read story at LO Hud.com
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