Lender-Grade Validation

Frisby AI Operations Enterprise AI Accuracy Platform

AI Underwriting
Document Validator

Forensic validation for every document in the loan file. Detect hallucinated figures, fabricated borrower data, unsupported claims, and compliance violations before they reach underwriting decisions.

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142+

Validation Rules

99.4%

Detection Rate

<90s

Per Loan File

Compliance Maps

What It Validates

Every document in the
loan file. Every claim verified.

AI-generated loan documents contain hallucinated figures at alarming rates. The validator cross-references every data point across the entire file package.

🏦

Appraisal Reports

Validates property valuations, comparable sales data, neighborhood analyses, and adjustment calculations against source records.

Comparable sale addresses and prices
Adjustment calculations and net/gross ratios
Property condition and feature accuracy
Market trend data and neighborhood stats

💰

Income Documentation

Cross-references W-2s, pay stubs, tax returns, and employer verification letters for internal consistency and fabrication indicators.

Income figures across W-2, paystub, and tax returns
Employer name and EIN consistency
Year-over-year income trajectory
Self-employment P&L verification

💳

Bank Statements

Detects fabricated balances, inconsistent transaction histories, undisclosed liabilities, and large undocumented deposits.

Running balance accuracy
Large deposit source verification
Undisclosed recurring debts
NSF/overdraft pattern detection

📝

Loan Packages

Validates the complete loan file: Loan Estimate, Closing Disclosure, title docs, insurance, and borrower declarations for cross-document consistency.

Borrower data consistency across all docs
DTI ratio calculation accuracy
Loan amount, rate, and term alignment
Closing cost itemization verification

How It Works

Three-stage forensic pipeline.
Every claim gets a verdict.

Stage 01

🔎

Claim Extraction

Decomposes every document into individual auditable claims: figures, dates, names, addresses, calculations, and citations.

→

Stage 02

⚖

Cross-Verification

Each claim is checked against source documents, cross-referenced within the loan file, and validated against 142+ underwriting rules.

→

Stage 03

📊

Scoring & Report

Claims receive verdicts (Verified, Discrepancy, Material Error, Hallucination). A 0–100 confidence score is produced per document and per file.

Output

✅

Audit Trail

Structured report with claim-by-claim evidence, compliance flags, and remediation guidance. Export as JSON or PDF for your audit file.

Sample Validation Output

{
  "document": "appraisal_report_2024-0892.pdf",
  "confidence_score": 72,
  "claims_extracted": 148,
  "findings": [
    {
      "claim": "Comparable sale at 1420 Oak St sold for $485,000",
      "verdict": "MATERIAL_ERROR",
      "evidence": "MLS record shows $458,000 — $27K discrepancy",
      "severity": "critical",
      "compliance_flag": "USPAP_VIOLATION"
    },
    {
      "claim": "Borrower DTI ratio is 38.2%",
      "verdict": "DISCREPANCY",
      "evidence": "Calculated DTI from income docs is 43.1% — undisclosed auto loan",
      "severity": "high",
      "compliance_flag": "QM_ATR_RULE"
    }
  ],
  "compliance_status": {
    "RESPA": "PASS",
    "TILA": "FLAG",
    "FHA": "PASS",
    "Fannie_Mae": "FLAG"
  }
}

Compliance Mapping

Built-in regulatory intelligence
for every major lending framework.

Every validation automatically maps findings to the specific regulatory requirement it may violate. No manual compliance lookup required.

Federal

RESPA

Real Estate Settlement Procedures Act compliance for closing disclosures and settlement statements.

Good Faith Estimate accuracy
Settlement cost itemization
Affiliated business disclosures
Servicing transfer notices

Federal

TILA / TRID

Truth in Lending Act and TILA-RESPA Integrated Disclosure rules for loan terms and APR accuracy.

APR calculation verification
Loan Estimate / Closing Disclosure match
Finance charge accuracy
Right of rescission timing

Federal

FHA / VA / USDA

Government-backed loan program requirements for eligibility, appraisal standards, and documentation.

FHA appraisal requirements
MIP calculation accuracy
Property eligibility validation
Borrower qualification thresholds

GSE

Fannie Mae / Freddie Mac

GSE selling guide compliance for conventional loans, including DU/LP findings alignment.

Selling guide eligibility rules
AUS findings consistency
Representation & warranty risk flags
QC sampling requirements

Federal

ECOA / Fair Lending

Equal Credit Opportunity Act and fair lending compliance to detect disparate treatment indicators.

Adverse action documentation
Pricing disparity detection
Prohibited basis screening
HMDA data accuracy

QM / ATR

Ability-to-Repay

Qualified Mortgage and Ability-to-Repay rule validation for DTI, income, and debt verification.

DTI threshold compliance
Income documentation sufficiency
Points and fees limits
Safe harbor / rebuttable presumption

ROI for Lenders

The cost of one bad loan
dwarfs the cost of prevention.

$45K+

Average Buyback Cost

Per defective loan repurchased by GSEs. Includes principal loss, legal fees, and operational overhead per incident.

87%

Defects from Data Errors

The majority of loan repurchase demands stem from income, asset, or property valuation misrepresentations that automated validation catches.

14x

Return on Investment

For every dollar spent on automated pre-close validation, lenders avoid $14 in post-close remediation, repurchase, and penalty costs.

Cost Comparison: Manual QC vs. Automated Validation

Based on a mid-size lender processing 6,000 loans/year

Metric	Value
Manual QC cost per loan (senior underwriter review)	$85 – $150
Automated validation cost per loan	$9 – $18
Average buyback / indemnification per defect	$45,000+
Defect rate (manual QC only)	3.2%
Defect rate (with automated pre-close validation)	0.4%
Estimated annual savings (500 loans/year)	$756K+

Recommended Plan

Purpose-built for
regulated lending operations.

The Underwriting Document Validator requires the Lender & Regulated tier for full compliance mapping, underwriting-grade verification, and SLA guarantees.

Recommended: Lender & Regulated Tier

$4,500/mo

Or $3,825 billed annually (save 15%)

Underwriting-grade verification with enhanced compliance mapping for TRID, TILA, RESPA, FHA, Fannie/Freddie, and fair lending. Includes custom audit workflows per document type, dedicated account support, and SLA guarantees.

Unlimited document audits
Full API with webhooks
SSO / SAML integration
Continuous monitoring & alerts
Slack / Teams / CI/CD integration
Custom audit workflows
RESPA, TILA, FHA, GSE mapping
SLA guarantees & dedicated support

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Also Available

Enterprise

$399/mo

Full API, SSO, monitoring

Also Available

Professional

$149/mo

1,000 audits, REST API

Also Available

Essentials

$29/mo

200 audits, core modules

Interactive Demo

Try it now — validate a
sample underwriting document

Load a sample document or paste your own text. The validator runs multi-pass analysis checking TRID/RESPA compliance, calculation integrity, data consistency, and completeness.

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