Wetzel Trott performs fraud reviews on closed loans as well as pre-funding loans. Investigations may be completed on an individual file or on a broad sampling of loans.

Investigations are typically based on specific risk criteria such as delinquency status. Investigations may also be targeted by parties involved with the loan transaction such as a particular broker, branch office, loan officer, or appraiser.

Files are reviewed for known industry fraud schemes and red flags. They are also cross-referenced to the Wetzel Trott QuiC fraud database. Documentation in the file is examined to determine if misrepresentation exists. Credit documents are authenticated and reverified. Further investigation may include public record searches.

Management reports are prepared which detail the results of the review on a loan level basis as well as providing a full management summary. The summary addresses trends that were identified within the loan sampling and provides recommendations for further action in protecting your loan portfolio and lending practices.

Reviews may be customized to fit the needs of your company. Training and consulting services are also available.