Digital Risk is a viable corporation in the forensics of loan mitigation. I know this to be true because my son has worked there almost since they opened the Maitland, FL facility. What's important to me about DR is that they're just another example of corporate greed in America today. They grew too fast, took tax payer money of nearly $2.5M from the State of Florida through multiple job creation programs, grew from 50 to over 1,500 employees and since October 2013 have now laid off over 1,200 of those same employees who helped them grow. In January 2013, the owner Peter Kassabov, sold the company to MphasiS, an India based subsidiary of Hewlett-Packard for a total of nearly $200M including $27-30M in benchmark performance payments. Now, some 1,200 employees are without jobs while this corporate raider stuffs his bank accounts with the proceeds of their hard work. If this bothers you as much as it bothers me, tell your congressman, representatives, family & friends and if enough noise is made maybe it will do some good. It's not going to save those lost jobs, but I personally would be just as satisfied if it forced them to take the business someplace else and have to move out of Florida.

YUP!  EVERY PIECE OF INFO ABOUT THEM IS A COVER.  THEY ARE TRYING TO GATHER ENOUGH INFO TO FILE YOUR TAX RETURN BEFORE YOU DO.  THIS IS ABSOLUTELY TRUE. CONTACT YOUR STATE ATTY GENERAL AND FLORIDA ATYU GENERAL AND IRS WEBSITE

This post was written by someone at Digital Risk, their website is bogus and they are frauds.  They are trying to obtain prior employer info in order to file yor tax return before you do and take your refund.  ANY POSITIVE POSTS ABOUT THEM ARE WRITTEN BY THEM. YOU SHOULD CONTACT ATTORNEY GENERAL'S OFFICE AND REPORT THEM.

Only your current loan servicer may use your prior authorization. This company contacted my previous employers and i immediately contacted my mortgage company, who told me that Digital Risk is not affiliared with them or authorized.  After alot of research i believe this company is bogus and tries to obtain enough prior employer info to file your tax return befire you do. DO NOT BELIEVE A SINGLE POSITIVE STATEMENT WRITTEN BY OR ABOUT THEM IN THESE POSTS.

This is not correct information about Digital Risk.  It almost sounds like someone at Digital Risk wrote this.

Previous employers notified me that they have received phone calls and faxes from DigitalRisk requesting employment dates and salary information about me.  Their fax sheet says it is from Tammy Hypes, Phone Number (904) 394-0508 x3328, Fax Number (407) 215-0030, address:  2301 Maitland Center Pkwy 165, Maitland, FL  (tammy.hypes@digitalrisk.com).  Their fax says they are "performing a Quality Control post-closing review".  I have not had any closings and I do not know how these people got my information or what they are trying to do. But they MOST DEFINITELY NOT LEGITIMATE!

I recived a voice mail on my phone at work requesting information on a former emplyee.  Only problem is that emplyeee passed away April 2013.  So i see no need to verify his emplyment as he is no longer here!!! I listened to the message twice and  could barely make out their phone number. I always verify number on line before I call to see if it's legit. So they can keep calling until our former emplyee rerturns from the dead!!

My prior employer emailed me this fax from digital risk. I filed for chapter 7  bankruptcy in 2010 and was discharged in 2010. Why this company is now coming back with my signature from 2005 I have no idea. but good luck trying to get me to pay any loan... its been discharged in court...

Did you ever hear anything from them after this post?

Thanks

The Payroll Manager called me into her office because she received the fax request as described in other posts regarding employment/income verification. It came from a Ryan Doyle of Digital Risk, 2 pages and cover sheet states 2 pages. The second page has box for signature of applicant and states SEE ATTACHED. SUSPECT RIGHT THERE! My manager knew I was considering selling my house and assumed this was related to tht but I had not applied for a new mortgage and have owned my house without ever being late with a payment for 19 years. I am concerned that might be connected to collection agency. I have an old credit debt and wonder if this is a front to fish for income information. I called to speak to Ryan Doyle and attempted to be cryptic and stated this paperwork had come into my hands and I was puzzled. More puzzling is that he confirmed his name, company, the phone number and fax number listed on the fax but DENIED having any business with ME and asked me rather curtly to send the fax to him because he couldn't know what it is about without seeing it. NOT! I do have concern related to credit debt but my mortgage is fine. The only other thing is that my mortgage has been sold a few times and might think that has something to do with it except the call to Mr Doyle makes this more suspect. Does anyone have anything similar with any information?

Ahhh .... two cubicle dwellers refer to reefer ....Stop giving pot a bad name! If your company is legit send your request for information via the USPS in writing. Funny how you guys avoid using the postal service...Oh, that's right it is a felony to use the US mail as tool for fraud......

BTW: You guys should "slow you roll" :-)

Oh, well, if you say so, it MUST be true!

Not that it really matters, but I've heard of this company recently in the news and couldn't remember from where, until I searched:

"...This is what George Zimmerman did.

Married now to Shellie Nicole Dean, a cosmetologist who is studying to be a nurse, he was attending college and working full-time at Digital Risk, a fraud-detection company retained by financial institutions. The job seemed a natural fit.

Digital Risk helps institutions like Bank of America and Freddie Mac to rid their balance sheets of the kinds of toxic loans that led to the 2008 banking crisis. Mr. Zimmerman was among hundreds of auditors who work in a four-story office building in nearby Maitland, mining borrowers? files, sniffing out lies and scrutinizing hardship letters for any hint of deceit that would allow the lender to file a claim.

The role of Digital Risk, as its chief executive likes to put it, is to be ?the independent watchdog of the financial world? ? though a more apt phrase might be ?the independent watchdog for the financial world.?

Mr. Zimmerman, then, was a watchdog ? at work and at home, in the Retreat at Twin Lakes. And here in the night rain came another suspicious person, in a hood.""

I won't link to the article, because it's a slanted opinion piece, but *shrug* there you go.


That said, dude, why would an "up and honest" company, even a watchdog, continuously use OUT OF DATE signatures to verify employment?   The company may (or may not) be illegal, but damn if it's not slimey.

And we are under no obligation to work with you or your company. Put it in writing and send it via USPS so there is a proper paper trail to protect everyone involved.

Should not be a problem, if your company is legit....

So all this being true .... your legit company should have no problem making the request via the USPS in write? Correct?

So if you find that the deceased borrower lied on his loan application, do you dig him up to collect?

God, you guys really are pathetic....

I work at Digital Risk as a DCA and I can assure you this is not a scam...just sayinn

cell phones usually have USED numbers so the call could have been or ANY of the prior owners.

Received a copy of a clients 2003 return (Via FAX).  Cover sheet from Freddie Mac, with their logo.  If DR is trully legit, and trying to gather information to build loan soft ware, or look for fraud, wouldn't they try to use more current information to develop a more realistic program?

I read enough about Digital Risk to know it is a way to gain information to assist with developing mortgage software to reduce fraud. It is not mandatory and just ignore and do not respond. There is no enforcement. Hewlett Packard in India purchased the company and added to its corporate structure and now a big employer in Florida with several locations.


Maitland's Digital Risk to be acquired by
HP subsidiary in India
December 3, 2012 | By Richard Burnett, Orlando Sentinel

In a deal worth at least $175 million, an Indian subsidiary of the Hewlett-Packard  Company has agreed to acquire Digital Risk LLC, one of Central Florida's fastest growing high-tech companies in recent years, the companies said Monday.
Maitland-based Digital Risk and MphasiS of New Delhi expect to close the transaction by Jan. 31, pending regulatory approvals and other closing conditions, officials said.

With annual revenue approaching $130 million, Digital Risk develops mortgage processing software that provides risk-analysis, fraud detection and regulatory compliance services to the financial industry. MphasiS is a global technology-platform services provider for a wide range of clients including banks, insurance companies and manufacturers. It reports about $1 billion in annual revenue.
Once completed, the deal will enable Digital Risk to expand globally while retaining its name and operating as a standalone business  , CEO Peter Kassabov said, in an internal memo to employees that was obtained by the Sentinel.
"There will be no change in the way we conduct our business," he said. "The acquisition provides Digital Risk a global footprint to accommodate our clients' international needs. There will be no change in our organizational structure, management leaderhship or staffing."
In July, Digital Risk announced it had chosen Florida for a major expansion that would bring 1,000 jobs to the Sunshine State. In additoin to Maitland, where it employs more than 700, Digital Risk also has operations in Boca Raton and Jacksonville.
MphasiS CEO   Ganesh Ayyar said the deal for Digital Risk will help fuel his company's expansion in the financial services industry.
"This acquisition is central to our strategy of offering specailized services in chosen segments," Ayyar said in a prepared statement. "Digital Risk offers highly specialized services in risk and complaince areas, specific to the mortgage industry. Their analytic platform combined with 1,500 mortgage specialists makes them unique and differentiated."
rburnett@tribune.com or 407-420-5256

I got a call today from this number saying all the same things as I've read here - "we're doing a post-close audit to make sure the documents weren't altered" - I also just contacted my HR dept - they called her too. I don't know it all, but I've never heard of a post-close audit before, and we have never defaulted on our loan. The loan has been sold several times but not recently, so I'm not sure who would want to verify loan documents now - almost a year later! I understand mortgage fraud and wanting loans to be safe and legitimate, but I think if this was a common practice, more of us would know about it?

That maybe due to the fact that real estate agents are the Barbie dolls of the finance world. If you borrow money to purchase a home, the lender has every right to ensure that the insured property has met the required standards. If you don't like verification of loans, I suggest you buy your home outright with no financing. I'm betting most people cannot do this so they BORROW money. This money is not yours; as such, you have no right to complain that a firm is verifying your documents, especially if someone defaults. Mortgage defaults are costly to every borrower because they drive up the costs of borrowing (i.e. higher interest rates). Safe lending is good for everyone.

Employment verification from 2005-2007 from Digital Risk

I'M GLAD SOMEONE IN THIS WORLD UNDERSTANDS WHAT IS GOING ON HERE. ALSO JUST A LITTLE FYI TO ALL THE RUDE , STUPID PEOPLE ON HERE, COMPANIES LIKE THAT ACCESS TO ALL OF YOUR RECORDS, CREDIT, BANK, EMP, YOU MIGHT WANT TO "SLOW YOUR ROLL" :)

They are reviewing documents from years ago, because someone is paying them too,  they do not know someone has passed away. You should not be so quick to judge..

They audit closed mortgage loans to make sure everyone is on the up and up.  Everybody is so quick to think it's a scam.  They are just doing the work they were hired for to make sure your mortgage company didn't do anything fraudulent!  Too many unqualified borrowers got loans they had no business getting thank to Barney Frank and now we all have to over compensate mostly due to new government guidelines to assure no more "bad" loans are being written.  People need to calm down and get a life & stop thinking everything is a scam.  Layoff the weed, makes you paranoid!  keep in mind, phone numbers can be recycled and if you never got a mortgae, maybe the person that had your original phone number did.

We did not misrepresent our income on any loans and we are not late on our mortgage and it is with the same company I have had for 5 years ( never sold). when I called the mortgage company and then their fraud dept they stated they did not release any information to anyone. however Digital Risk called my employer, and sent them a verification loan for over the last 7 years. This does not fit into your description of how they "work" and a reason as to why we would have been audited by them. The person I spoke to on the phone was not professional and passed me off to someone else when I ask who they were. If they are not a scam, they are at the very least not upfront with how they are getting and using the information.

I received a call from 407.215.2900 a couple of days ago, thankfully in the afternoon. "Steve" asked me to return his phone call to 888.500.7475, extension 1065. In his voice mail, he said, "We're doing a post closing review on some mortgage information relating to a property on [my old street (correct)] that was refinanced back in [nearly 10 years ago (also correct)]. We're going back to the loan application paper work on behalf of the PMI. There is a concern there that the lender had represented all your information correctly."

I wasn't sure what to make of it but after reading these comments, I do now. I'm not returning this call because it doesn't appear that I'm required to do so. And because I can't see any benefit to me, in my situation. If there IS a benefit, someone will have to explain it to me. (I'll admit to being totally ignorant of lots of mortgage, refinance and foreclosure law.)

This is an awesome site. So glad I ran across it today in my research on DR!

Received two calls from them - one yesterday afternoon and one today. Two different people left messages saying they were doing a post closing review on a property I purchased in 2007 and wanted to make sure I was properly represented by the loan officer at the time of that transaction. I have no idea why they are calling, this property was foreclosed on and also included in a bankruptcy filing and was taken out of my name last year. If they are indeed who they say they are, wouldn't they have this information since it's available in public records? I am not calling them back. As far as the law is concerned I am done and over this property and was told nothing about ever being contacted by some company asking me for loan info. It might not be a scam, based on the comments I've read through on here, but it sure sounds a little fishy. If I am not required by law to answer their questions, then I won't be doing so. And I hope they are not contacting former employers, because my financial life does NOT need to be disclosed to a former employer.

They called my cell phone looking for my Husbands ex-wife. They said my phone number is in the public record which it isn't!

Iraida called at 3:50 am asking for human resources; said she didn't realize the time difference because she was in Florida; wanted to do a verification of emplyment (did not give employee's name); left phone number 407-215-2900 ext. 2106