CoreLogic and Blueberry Systems have formed a partnership to offer fraud prevention technology to lenders and servicers.
The companies' effort involves the integration of CoreLogic's LoanSafe Fraud Manager Suite with Blueberry's RELAY loan production platform, which will allow users to review all loans in a bank's portfolio and highlight discrepancies in real time.
The system will then extract and inform the user which loans are problematic or prone to mortgage fraud.
The vendors say their system helps increase fraud prevention rates by focusing on three data integrity features: completeness, accuracy and truthfulness.
CoreLogic is based in Santa Ana, Calif. Blueberry is headquartered in Greenwood Village, Colo.