American Reporting Company

Bothell, Washington
June 1, 2010

American Reporting Company (ARC) is able to offer customers new fraud prevention and credit services to comply with the Loan Quality Initiative.

Fannie Mae recently announced Selling Guide Updates that will go into effect June 1, 2010. This Loan Quality Initiative (LQI) has identified policy and process enhancements aimed at improving the lender’s ability to deliver mortgage loans that meet Fannie Mae’s underwriting and eligibility guidelines and thus mitigate repurchase risk.

ARC is able to offer the following products to address these new policies:

Social Security and Identity Verification (Link to ARC ID Check)
4506 T and Income Verification (Link to ARC TRV)
Refreshed Credit Report to identify borrowers debts and additional inquiries (Link to ARC Credit Refresh)
Determination that all borrowers debts are included at time of closing (Link to ARC Comparison Report)

For a demonstration of the newest ARC product Credit Refresh and Compare, view the training video on our website. Link to video.

If you have questions about pricing on any of these new products contact our sales or customer service department at sales@arcreports.com.

About ARC
American Reporting Company specializes in providing settlement services to the mortgage lending communities. Founded in 1986, ARC was traditionally known as a premier credit reporting agency, but expanded their product offering to include appraisal services, escrow and mortgage lending education. In recent years ARC was named to INC’s Fastest Growing Companies List.

For more information about ARC’s products go to www.arcreports.com.