US Anti-Fraud Authorities Join to Help Lenders Win the Mortgage Fraud Battle

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Verification Bureau and join forces to enable mortgage lenders nationwide, with powerful fraud prevention solutions at deeply discounted prices. Additionally, both companies will provide fraud awareness seminars and fraud detection training programs around the country.

Verification Bureau, a leading provider of fraud prevention solutions for the lending industry, announced its exclusive partnership with, a fraud prevention consulting expert conducting workshops and seminars nationwide on “How to Identify and Prevent Mortgage Fraud”. Many Groups and companies including the Colorado Association of Mortgage Brokers, and customers of the Mortgage Speakers Bureau have attended the company’s workshop in many states.

The strategic alliance will enable all clients with access to Verification Bureau’s online suite of automated fraud prevention and verification software solutions at deeply discounted rates, and the chance to try it for free and compare to other vendors. Additionally, the new partnership will conduct fraud awareness seminars in numerous cities of the country in conjunction with its new partner.

“In this day of sophisticated electronic document preparation, computer software, unethical loan officers, mortgage brokers, real estate agents and others involved in the real estate process are able to create any and all of the pertinent fake documents needed for the "Clear to Close". “Verification Bureau’s decision support tools and fraud prevention solutions will enhance the fraud prevention strategy of our clients by providing them with easy to read reports containing accurate data in record time,” said Michael S. Richardson, President and CEO of,

“PreventMortgageFraud’s clients will save hundreds, if not, thousands of dollars by using our solutions to verify crucial information such as borrower’s income, identity, employment, assets, immigration status, property value among other loan information,” added Juan Carlos Perdomo EVP of Sales of Verification Bureau, “We have made our systems extremely accurate and fast in verifying information so they can have more time to concentrate in their core business of lending money to homebuyers.”

Verification Bureau, continues to be a leader by innovating with the latest technology in the verification industry. For more information about discounted rates through the channel contact their sales department at 786-777-0316 Ext 501

About Verification Bureau

Headquartered in Miami, FL, Verification Bureau is the leading developer of automated fraud prevention and web-based verification solutions in the United States of America. Over 500 clients and 13,000 users nationally benefit from their online suite of verification tools and fraud prevention services.

The company’s core offerings include 1003AppScan, an automated fraud filter used at pre-funding to detect inflated appraisals, property flips, identity theft, fraudulent brokers, false employment and income, and asset misrepresentation, among many others; IDFraudScan, which verifies social security numbers against data from the Social Security Administration (SSA) for identity verification purposes, and complies with section 326 of the U.S. Patriot Act (OFAC); IRSRecords, powered by a high-caliber connection to the Internal Revenue Service (IRS) accesses individual and corporate taxpayer information in 24 hours for income verification purposes; PROVASiS, which is an automated property valuation tool (AVM) with built in fraud detection for property flips, ownership misrepresentation, appraisal fraud, manufactured homes, OFAC and more; ITIN Direct, used to verify Individual Tax Identification Numbers in pre-funding, and EIN Direct, an accurate method to validate Employer Identification Numbers or Federal Tax Identification Numbers.

For additional information visit, or contact the sales department at 786-777-0316 Ext 501.

About, Headquartered In Denver, CO, Michael S. Richardson has been a President/CEO, Loan officer, Real Estate Agent. He is the Author the book “An American Epidemic” Mortgage Fraud… a Serious Business. An entrepreneur since 1980, Michael has started and successfully sold seven companies, of which two were mortgage companies. That's where Michael comes in, his personal experiences with "mortgage fraud" along with 25 years of business experience, which you'll learn about, have given him a doctoral degree from the school of hard knocks.

Much like you, he "never thought it could happen to me." But it did.

It can. And if the statistics prove out, it probably will. But it doesn't have to.

Not to you, anyway.

He does not say all this to sound bitter but to describe for you the feeling he had the day the doors seemed to shut on him and his company. The day he learned that he had been not only the victim of mortgage fraud but, according to his accusers, a key player in committing said fraud. You can learn what it takes to stop mortgage fraud, not just at your own company but at every level of the playing field. Mortgage fraud exists - and begins - at every layer and to avoid becoming a victim you must be vigilant about combating fraud at every step. You can do just that, do not wait, the "Mortgage Marauders" are at work while you are reading this. Let Michael present a workshop or a keynote address on How to Identify & Prevent Mortgage Fraud from Happening to You.

For additional information visit, or contact us at 303-339-4534.


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