Public Record Search
The WA Public Record Service requires no inputs from the bank. We look up every loan
originated by the bank as recorded in public records, adjust the estimated value to the present
and estimate current LTV by using amortization rates from prevailing interest rates at the time
the loan was originated.
Bank Provided Portfolio
WA’s Bank Based System is software that is installed on a bank computer and pulls valuations
and LTV’s remotely from WA’s database. This approach enables the bank to access the WA database
and for the bank to append the data to its mortgage customers, checking account customers
without need to send information to WA personnel. We employ best in class software security
standards to assure bank privacy.