SSN Verification

One important step in combatting fraud, verification of Social Security numbers is regulated by the U.S. government. With the consent of a borrower, SettlementOne assists the lender in verifying that the name, date of birth and Social Security Number on a loan application matches that on file with the Social Security Administration.

Advantages:

  • Legally compliant with all U.S. Federal privacy regulations
  • Fast, accurate reporting
  • Easy fraud detection