How does Mortgage Asset Research Institute know its sources are reliable?
The publicly available information in the MIDEX database is obtained directly by Mortgage Asset Research Institute (not suppliers) from regulatory agencies and other public sources. The sources of non-public information are Mortgage Asset Research Institute’s MIDEX subscribers (mortgage lenders, investors and insurers). Under a contractual agreement, subscribers provide factual information based on their own audits and investigations. Mortgage Asset Research Institute only serves as an information conduit for the mortgage industry; therefore, Mortgage Asset Research Institute does not re-verify or re-investigate the information provided to MIDEX by public or non-public sources. Mortgage Asset Research Institute will, however, take great care in approving MIDEX subscribers to assure that information is only received from and sent to responsible entities.