On top of this, KeyStone also offers ancillary services that are synergistic with credit related data that either confirms or refutes the accuracy of these other products; an example being a few years of tax returns for a taxpayer that have no credit history prior to those tax years.
KeyStone maintains state-of-the-art security to ensure that information transferred from our credit product providers to lenders is fully insulated from destabilising hacks or wanton breaches of security, while also maintaining the appropriate certifications for both information technology (IT) and business operations (OPS).
While the lender must have a direct vendor relationship with the credit report provider, KeyStone facilitates a low cost service to track orders and fulfillments, including provider scorecards, consolidated reporting and invoice reconciliation for the lender.
Similar to our other types of providers, Keystone conducts due diligence on appraisal management companies (AMCs) based upon the accumulated rules and guidelines of our lenders. Keystone purposefully looks out for AMCs that are managed by experienced appraisers, comprising their pool of transaction managers, as well as lender relationship managers, who use historical data to rank and assign work to the most competent appraiser for the geographical area and property type.
To qualify as a certified AMC, KeyStone additionally requires dedicated teams of key management, compliance, and legal professionals that stay abreast of all compliance and regulatory guidelines, tracking the legislation pipeline in each jurisdiction and implementing regulatory or GSE requirements safely ahead of deadlines.
While the lender must have a direct vendor relationship with the AMC, KeyStone facilitates a low cost service to track orders and fulfillments, including provider scorecards, consolidated reporting and invoice reconciliation for the lender.