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What is Mortgage Industry Data Exchange (MIDEX)?

Since its inception in 1990, the LexisNexis Mortgage Asset Research Institute has grown into a distinguished authority and leading source of insights pertaining to mortgage experts, businesses, and critical risk management strategies. We developed the Mortgage Industry Data Exchange (MIDEX), a powerful tool that aids subscribers in fighting mortgage fraud, streamlining the credentialing process, and verifying identities, among various other advantages. The Mortgage Industry Data Exchange (MIDEX) is recognized as the premier repository, built through contributions from industry participants, which is critical for the verification, credentialing, and monitoring of mortgage professionals and organizations. This vast database offers a unique combination of non-publicly verified cases from contributors that expose instances of misrepresentation and fraud, in addition to information on public disciplinary actions and licensing validations for mortgage originators, realtors, and appraisers. Furthermore, the thorough reports produced by MIDEX integrate public records, professional licenses, and sanctions related to real estate into a single, user-friendly document, making it an essential resource for those within the industry. As a result of these comprehensive services, MIDEX not only boosts transparency within the mortgage sector but also plays a vital role in upholding the integrity of the entire market, ultimately fostering trust among all stakeholders involved.

What is LexisNexis Instant Verify?

Quickly authenticate IDs and professional credentials to verify that applicants, clients, or employees have submitted genuine identity information. With an intuitive interface and transparent processes for end users, Instant Verify integrates effortlessly into a range of point-of-service or web applications. The identity verification and authentication tools offered by LexisNexis deliver the confidence required for conducting business in a safe, secure, and profitable manner. Users gain access to a vast database of over 34 billion public and proprietary records, providing them with a rich source of information. The easy integration, facilitated by a straightforward XML interface, greatly diminishes the time needed for manual data research. This service guarantees a dependable and secure method for transferring information. Furthermore, it allows users to correct data entry errors and resolve discrepancies before making final submissions, thereby improving overall data accuracy. The system’s customizable features reduce the necessity for extensive user training and ongoing assistance, effectively sparing organizations from the task of creating their own specialized solutions. Consequently, businesses can concentrate on their primary functions while taking advantage of streamlined identity verification processes. This efficiency not only enhances productivity but also helps maintain strict compliance with necessary regulations.

Media

Media

Integrations Supported

KAPS
LexID
One Mortgage System (OMS)
XML

Integrations Supported

KAPS
LexID
One Mortgage System (OMS)
XML

API Availability

Has API

API Availability

Has API

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

LexisNexis

Date Founded

1970

Company Location

United States

Company Website

risk.lexisnexis.com/products/mortgage-industry-data-exchange

Company Facts

Organization Name

LexisNexis

Date Founded

1970

Company Location

United States

Company Website

risk.lexisnexis.com/products/instant-verify

Categories and Features

Fraud Detection

Access Security Management
Check Fraud Monitoring
Custom Fraud Parameters
For Banking
For Crypto
For Insurance Industry
For eCommerce
Internal Fraud Monitoring
Investigator Notes
Pattern Recognition
Transaction Approval

Categories and Features

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