Credit Score Disclosure - Easy Compliance Process
Section
212 of the FACT Act requires all mortgage lenders
to provide home loan applicants with two documents:
1. A Credit Score Disclosure
2. A Notice to Home Loan Applicant
Using our CSD Service, First American CREDCO can
automatically deliver both documents to you or
your customer with every credit report you order.
The automated credit score disclosure provides
you with an easy method to effectively meet the
FACT Act requirements. The disclosure report dynamically
generates the consumer’s unique scoring
information using the most up-to-date credit data
available, and includes specific language as required
by the FACT Act.
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