FundingShield has been providing residential mortgage closing fraud & diligence verification to bank and non-bank residential mortgage originating clients as well as warehouse lenders for the past 5 years. Screening of closing agents’ valid status, licensing, ability to close in various states and their insurance coverages meeting underwriters’ requirements as well as verification of a valid closing protection letter (CPL) is central to the service that FundingShield provides. Client – A domestic bank in the United States with over USD 300 billion in Assets Client has originated over USD 50 billion in new mortgages originated in 2015 Tenor – Client
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