RPM Mortgage Using Fraud Suite From CoreLogic, TPG

RPM Mortgage Inc., a private mortgage bank and broker headquartered in Walnut Creek, Calif., has implemented a joint fraud-prevention solution from CoreLogic and The Prieston Group (TPG).

The fraud-prevention platform pairs CoreLogic's LoanSafe Fraud Manager product with TPG's risk management services, indemnity programs and training, the companies say. LoanSafe Fraud Manager combines pattern-recognition technology with property, loan and mortgage fraud data to provide a risk score to lenders.

‘CoreLogic's and TPG's combined solution provides us with more accurate and detailed information about where potential fraud lies in our origination stream, along with reduced insurance premiums because of our proactive stance on addressing fraud,’ says Rob Hirt, CEO of RPM Mortgage.



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