DataVerify, a provider of data verification, risk mitigation, workflow enhancement and data aggregation services, now provides flood zone determinations to the mortgage industry, the company announced in a press release.
“DataVerify now provides flood determinations prepared by DataVerify Flood Services, a sister company previously known as FZDS,” DataVerify President Brad Bogel said in the release. “Recently rebranded to reflect DataVerify’s commitment to meet our customers’ demands and create more efficient workflow, DataVerify Flood Services is an important asset that we can now make available.”
DataVerify Flood Services provides flood zone determinations nationwide for lender compliance with National Flood Insurance Program regulatory requirements, the release states. Life-of-loan tracking, census tract data, borrower’s notices and aerial map copy makes DataVerify Flood Services a single-source for flood zone determinations. DataVerify Flood Services focuses on accuracy and delivering flood zone determination solutions that save lenders time and money.
As a National Flood Determination Association member company, DataVerify Flood Services offers state-of-the-art mapping, tracking, convenient reporting options, and dependable flood zone determinations. Leading-edge technology enables DataVerify Flood Services to provide timely and reliable determinations during the lending process while enabling reliable property tracking throughout the life of the loan, thus ensuring its status remains compliant with the mandatory purchase requirement.
DataVerify Flood Services has been a provider of flood determinations to banks and credit unions since the 1990s with origination platforms and integrations with companies including MSP, Black Knight’s servicing system, and Sagent Lending Technologies’ LoanServ loan servicing solution for complete end to end fulfillment. DataVerify Flood Services has broad experience with evolving technology, including customer-facing origination, internal processing technology and servicing systems.