CIS Releases RiskView Disclosing Suppressed Public Records

Jun 19, 2017

New homebuyers can expect an average of four months of falling credit after purchasing their property, according to a new data analysis from LendingTree

CIS has announced RiskView Liens & Judgments report from LexisNexis is now integrated with CIS credit & verification solutions.

“RiskView Liens & Judgments discloses the civil judgments and tax liens that the national credit bureaus will suppress in July, providing a solution that prevents interruption to our clients’ ability to make confident, informed risk assessment decisions,” said Mike Brown, CIS president and CEO. CIS clients have the option to include RiskView Liens & Judgments as an automatic addendum with every credit report or request the report individually on specific applicants.”

RiskView Liens & Judgments is a LexisNexis report that contains the public records that Experian, Equifax & TransUnion will no longer report as requirements under the National Consumer Assistance Plan continue to be implemented. The credit bureaus will suppress nearly all (98%+) judgments and the majority (50%+) of tax liens from consumer credit reports because the records do not meet Personal Identifying Information & revalidation standards.

“The public record suppression is a major change to the details included in consumer credit reports,” said Brown. “This change had the propensity to significantly impact clients’ risk-assessment procedures; however CIS responded with the RiskView Liens & Judgments report, which provides instant access to the same public record information clients have relied on for decades to measure risk and determine ability-to-repay.”

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Jun 19, 2017

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