Get accurate information about an applicant’s identity while minimizing risk associated with your business by detecting fraud. The SSA Form 89 verification report enables lenders to fully comply with the mortgage industry Social Security Number (SSN) verification requirements including the Fannie Mae Loan Quality Initiative. The SSA-89 efficiently verifies whether a name and (SSN) combination matches the data in the Social Security Administration’s (SSA) records and is submitted directly to the SSA.
SOCIAL SECURITY VERIFICATION (SSA-89)
THE ELEMENTS USED FROM MATCHING INCLUDE:
- Date of birth
- A gender code, if submitted
The report will be returned as either “SUCCESSFUL” (Match) or “UNSUCCESSFUL” (No Match). If applicable, the SSA will return “DECEASED” when the input matches a record on the SSA’s Death Master File.
Our online system enables a client to quickly and easily attach the imaged file of the completed and borrower signed SSA Form 89 to the electronic order. The SSN Verification Report is returned in minutes in PDF format and includes the clients’ reference number and date stamp for their records.