Credit plus introduces identity-fraud tool.Credit Plus Inc., Salisbury, Maryland Salisbury (IPA: /salzbəri/) is the county seat of Wicomico County, MarylandGR6. The population was 23,743 at the 2000 census. , has introduced ID Plus, a tool that checks critical mortgage application information and alerts a lender if any inaccuracies are detected. "Our commitment to detect identity [ID] fraud remains a focus at Credit Plus," said Steve Grant, the company's president. "Mortgage professionals will easily be able to determine if there is any suspected suspicious activity on an account through our easy-to-read ID Plus reports." ID Plus reports include a summary of fraud and military active-duty alerts, a determination of whether a credit freeze A credit freeze, also known as a credit report freeze, a credit report lock down, a credit lock down, or a credit lock, allows an individual to control how a U.S. has been placed on an account, and verification of the Social Security number and address. The report also includes information about whether there are other alerts noted on a file. The Red Flag requirements instituted by the Fair and Accurate Credit Transactions Act Under the Fair and Accurate Credit Transactions Act of 2003 (FACT Act or FACTA, Pub.L. 108-159) which was passed by the United States Congress on December 4 2003 as an amendment to the Fair Credit Reporting Act, consumers can request and obtain a free credit report of 2003 (FACTA FACTA Fair and Accurate Credit Transactions Act of 2003 ), sections 114 and 315 regarding identity theft, went into effect on Nov. 1, 2008, and began being enforced on Aug. 1, 2009. Mortgage lenders must detect, prevent and mitigate mit·i·gate v. To moderate in force or intensity. mit  i·ga tion n. instances of customer identity theft, and must be aware of
alerts, notifications or warnings from a consumer reporting agency;
suspicious documents or personally identifying information; unusual or
suspicious activity on an account; and notices from customers, victims
of identity theft or law-enforcement authorities.
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