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What is the REDX Service used for?

April 26, 2017redx service Used

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What is the REDX Service used for?

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The REDX Public Service is used by mortgage lenders, investors and insurers, as well as title insurers, as part of their due diligence on new or existing business relationships. Brokers, loan officers, lawyers, appraisers, are some of the corporations and professionals included in the database. For example, a lender may search a prospective third-party originator (company and key individuals) through the REDX Service as part of its due diligence process before commencing a business relationship.