Offerings
Real Estate/Mortgage Products & Services
CSC offers a variety of quality mortgage lending products and services. Merged credit reports are available through secondary marketing agencies and their respective automated underwriting systems. We offer Nationwide Flood Reporting, automated and manual, from multiple sources. Internet delivery of mortgage credit reports and services is available through eMortgage.
Brokerage Risk Indicator
Brokerage Risk Indicator (BRI) is the first tool of its kind to be developed for the brokerage industry. BRI is a highly refined analytical tool that predicts the likelihood of loss on an account over a 12-month period, giving you more flexibility in determining product and service offerings to a variety of markets.
Credit Hi Lite (CHL)
This report provides information contained in one, two or all three credit repositories and is requested through our Gateway merge system where the repository data is received and merged into one common format. Requests are made using a loan origination software interface, direct Internet access, or through free software provided. Multi-repository access is gained by using zip tables and the process is usually completed in 20 to 60 seconds.
Edited Credit Hi Lite (ECHL)
ECHL allows the user to update three items from the original CHL merged report. Provides a less expensive alternative to a full Residential Mortgage Credit Report.
eMortgage
eMortgage allows business-to-business customers to seamlessly and securely receive credit reports and other ancillary products via the Internet while maintaining control and access of the data. Products and services currently offered through eMortgage are:
- Multiple Repository Merged Reports
- Edited Merged Reports
- Flood Zone Determination
- Account Activity Summary
- Freddie Mac’s Home Value ExplorerSM
Portfolio Retention
Assists lenders in evaluating exposed customer base, identifying current mortgagors with recent mortgage finance activity, reducing customer “runoff” and increasing new loan origination. Portfolio Retention is a batch processing system triggered by a flag placed on the consumers credit file. The flag remains dormant until the specified inquiry activity takes place. Then using customized pre-screening criteria, an email notification is automatically delivered to you. This notification is used to extend a firm credit offer and ultimately retain your customer’s business, all within 24 hours of activity.
Residential Mortgage Credit Report
CSC has a national production center fully staffed to accommodate any manual report requests such as the RMCR. The 1003 data can be sent electronically to our center where CSC will investigate the report according to secondary market guidelines. Reports will be returned to the client within 72 hours.
Tax Return Verification (TRV)
TRV reports are derived from data obtained directly from tax returns retained in files of the IRS. The reports can compare the income-related lines of the tax return that are provided by the borrower with the same lines on file at the IRS and highlight any variations in an easy to read report or the data can be received as reported to the IRS. TRV meets a need to identify those who are perpetrating mortgage fraud by altering tax returns, which helps lenders make a better informed lending decision.
Home Value Explorer (HVE)
As an approved distributor of Freddie Mac’s HVE we are able to offer a complete package of credit information, scoring, analytics and marketing data along with the best Automated Value Model (AVM) available. No other AVM has the quality, geographic coverage, precision, and flexibility of Freddie Mac’s Home Value Explorer. Freddie Mac uses its own models throughout its business including applications such as automated underwriting, quality control and servicing.
FACTA Notice to Home Loan Applicant Letters
CSC is able to assist our clients in meeting the FACT Act of 2003 Notice to Home Loan Applicant requirements. We have the ability to mail the Notice to Home Loan Applicants letter directly to the applicant and provide a monthly summary of the letters that were mailed to the client. Returned mail is returned to the client monthly. CSC also can make the letter available on our Web site if the client prefers to do the mailing.
Electronic Check & Credit Card Processing
CSC Credit Services offers electronic invoice review and bill pay options that include Visa, MasterCard and checking. Simply complete an authorization form for recurring billing and we'll take care of the rest.
Settlement Services
CSC offers a one-stop solution for building your own bundle of settlement service products. We simplify the ordering process and eliminate dealing with multiple vendors. CSC offers a complete suite of settlement service products including:
- Credit Reporting
- Appraisal
- Flood Zone Determinations
- AVM Solutions
- Title Insurance
Wide Variety of Loan Origination Program Interfaces (LOPS)
CSC can interface with a wide varied of LOPS interfaces, either system-to-system or through our EC2NET software. We have system-to-system interfaces with a variety of LOPS such as Calyx, Netupdate, Loansoft studio, and London Bridge as well as the multiple programs available through ePass, Contour, Genesis, Encompass. CSC's EC2NET software provides an internet connection to such LOPS as Fiserve, Eastern Empower, Sound Software and Creative Thinking as well as many other systems.
Contact CSC at 1.800.305.7868 or use this contact form to send a message to us.
Become a CSC Client
Click on this link to register: Become a CSC Client
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