Archive for January, 2017

Index measures the percentage of borrowers that were unemployed within seven days of their scheduled mortgage closings Milford, Pa., January 20, 2017--Advanced Data Corporation, a mortgage industry leader in enterprise-wide fraud prevention and enhanced verifications, has announced that the Advanced Data-Jobless Borrower Index (AD-JBI), was 0.71% in the fourth quarter of 2016, compared with 1.01% during the same period...

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Lenders generate productivity gains including completing 95% of Electronic VOEs within one day and saves $10-$20 per loan Milford, Pa., January 4, 2017--Advanced Data Corporation, a mortgage industry leader in enterprise-wide fraud prevention and enhanced verifications, has announced that its proprietary eDocument solution for the Verification of Employment (Form 1005) or eVOE™, is returning 95% of the VOEs within...

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