|
Prevent fraud. Manage risk. Protect your interests.
The REDX™ Service is a cooperative risk
management service designed for the mortgage and
financial service industries in Canada. It
provides a secure mechanism for industry
professionals and organizations to exchange
information so that timely protective measures
can be taken to help increase the quality of
mortgage loans and to reduce losses. Subscribers
use the REDX Service to perform checks on the
individual professionals and companies with whom
they do business.
REDX Products:
Public Incident Reports
contain information about disciplinary,
enforcement and certain legal actions taken by
regulatory bodies and self-regulatory
organizations that oversee professionals in the
mortgage, real estate and financial services
industries in Canada.
Non-Public Incident Reports
contain information contributed by REDX
subscribers regarding incidents of alleged fraud
and material misrepresentation and is exchanged
on an anonymous basis. Non-public information is
submitted by REDX subscribers, including
national and regional lenders, mortgage and
title insurers and industry service providers.
|
