Street Resource Group Provides Customers Access to DataVerify(TM) DRIVE Platform.SRG SRG In currencies, this is the abbreviation for the Suriname Guilder. Notes: The currency market, also known as the Foreign Exchange market, is the largest financial market in the world, with a daily average volume of over US $1 trillion. Clients Benefit from Additional Data Integrity, Collateral Risk Solutions CHICAGO -- Street Resource Group, Inc. (SRG), a provider of innovative technology solutions and software specific to mortgage warehouse lending, announced today that it will provide integration with DataVerify Corporation's data integrity verification and fraud prevention platform product, DRIVE[TM] (Data Risk Integrity Verification Engine). SRG clients will be able to access DataVerify's low cost array of advanced tools, analytics and metrics designed to maximize credit data and collateral accuracy within the context of SRG's efficient mortgage warehouse lending software. "In an environment in which most lenders are tightening their budgets while suffering significant increases in fraud related losses, we strongly believe that the combination of our online credit and collateral fraud Noun 1. collateral fraud - fraud that prevents a party from knowing their rights or from having a fair opportunity of presenting them at trial extrinsic fraud fraud - intentional deception resulting in injury to another person prevention solutions and SRG's online automated mortgage warehouse solution adds value to both our clients' bottom lines by both streamlining their internal processes and increasing the quality of their loans," said Steve Halper, founder and chief executive office, DataVerify. "Our core product DRIVE System extends beyond the typical fraud platform components to deliver new and unique automated tools designed to replace manual verifications, such as employment, income, other real estate owned Real Estate Owned Property owned by a lender - usually a bank - after an unsuccessful sale at a foreclosure auction. This is common because most of the properties up for sale at these auctions are worth less than the total amount owed to the bank: the minimum bid in most , AVM AVM 1 Acute viral meningitis, see there 2 Arteriovenous malformation, see there reviews, etc. providing significant reductions in cost to originate, while at the same time, dramatically reducing loan default costs. "Street Resource Group is providing its warehouse clients with more cost effective fraud solutions to secure both their credit and collateral warehouse risks while actually increasing the breadth and accuracy of these anti-fraud tools," said Stanley Street Stanley Street may refer to:
Street Resource Group's Warehouse Loan System (WLS WLS Weblogic Server (BEA Systems) WLS Weight Loss Surgery WLS Weighted Least Squares WLS Wisconsin Lutheran Seminary (Mequon, Wisconsin) WLS Windows Live Search WLS Wisconsin Longitudinal Study ) provides online, real-time connectivity between the mortgage warehouse and originators with complete loan-level accounting control, collateral tracking, risk management, document imaging and reporting features. About DataVerify DataVerify Corporation is the preeminent provider of fraud prevention and decision management solutions delivering as much as 25 percent or higher fraud identification rates and as much as 50 percent lower false positives rates than competing products. DataVerify's executive team includes the former AppIntelligence Founder/CEO - Steve Halper and CIO CIO: see American Federation of Labor and Congress of Industrial Organizations. (Chief Information Officer) The executive officer in charge of information processing in an organization. - Michael Moseler who, at DataVerify, have developed a new "next generation" platform that leverages the latest .NET technology to deliver superior anti-fraud products powered with more robust exterior database sources, superior predictive analytics Predictive analytics encompasses a variety of techniques from statistics and data mining that process current and historical data in order to make “predictions” about future events. and a comprehensive array of new and advanced features. These new technological advancements allow lenders to predict fraud and mitigate loss with unprecedented accuracy while increasing workflow efficiency and reducing loan approval timeframes at the point of sale. For more information about DataVerify, call 636-532-9797 or access the company's web site at www.dataverify.com. About Street Resource Group For the past twenty years TWENTY YEARS. The lapse of twenty years raises a presumption of certain facts, and after such a time, the party against whom the presumption has been raised, will be required to prove a negative to establish his rights. 2. , Atlanta-based Street Resource Group, Inc. (SRG) has been an innovative technology solutions provider to the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. industry. For more than seven years, SRG has focused solely on the mortgage warehouse lending industry. First developed in 1994, SRG's core product is the SRG Warehouse Loan System, a configurable Microsoft .NET See .NET. software application that provides an automated workflow environment for secure online real-time mortgage warehouse lending. This solution is specifically designed for mortgage warehouse lending and incorporates all of the functionality needed to manage the entire mortgage warehouse loan life cycle. For more information, visit www.streetresource.com. |
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