PitchPoint Helix

PitchPoint Helix is a customizable risk evaluation technology designed to effectively prevent fraud, according to the vendor. It offers a comprehensive suite of risk mitigation reports for industries such as mortgage, consumer lending, background screening, and tenant screening. This solution is suitable for professionals in these industries, regardless of the size of their business.

Key Features

Comprehensive Fraud Risk Mitigation: PitchPoint Helix provides a customizable risk evaluation technology that aims to effectively prevent fraud. It offers a comprehensive range of risk mitigation reports tailored to industries such as mortgage, consumer lending, background screening, and tenant screening.

Loan Application Data Validation: This feature includes verification reports for loan application data, aiming to help prevent fraud and misrepresentation by applicants. Lenders can customize it to meet their specific requirements.

Identity Confirmation: PitchPoint Helix verifies the identity of applicants and integrates with loan origination systems and credit ordering platforms. This feature aims to assist lenders in preventing fraud and identity theft.

Property Ownership & Foreclosure History: The product offers access to property data from leading national databases, providing extensive coverage of residential properties. It enables lenders to verify property ownership and assess foreclosure history.

Collateral Assessment: PitchPoint Helix assesses the value of collateral for loans using advanced analytics and data points to determine the property's worth. This feature helps lenders mitigate risk and make well-informed lending decisions.

Wire Transfer Fraud Protection: This feature safeguards businesses and borrowers from wire transfer fraud schemes. It verifies bank accounts to ensure that funding is directed to certified settlement company accounts, thereby reducing the risk of wire transfer fraud.

Industry Watchlists Verification: PitchPoint Helix verifies individuals against industry-specific watchlists, aiding businesses in complying with regulatory requirements. This feature helps reduce the risk of engaging with individuals listed on watchlists.

Batch Services & Monitoring: The product offers batch reporting and monitoring of key loan participants and service providers. It assists lenders in identifying derogatory activity, enhancing risk management and compliance efforts.

Advanced Real Time Analytics and Flexible Technology: PitchPoint Helix provides advanced analytics for real-time risk assessment. It offers flexible technology solutions tailored to specific needs, enabling quick and secure access to a vast amount of multi-channel data points.