Assess whether a payment hold survives a customer complaint (042828)

Situation

A check deposited in two banks the same afternoon put bust-out credit-line utilization curve in front of SIU investigator in a P&C carrier's auto-body network. This Fraud Detection / Mortgage Fraud close is a payment hold survives from bust-out credit-line utilization curve, and the live options are Remove access or reverse the item, Temporary compensating control, Approve a documented exception.

Decision

SIU investigator in a P&C carrier's auto-body network must choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold using bust-out credit-line utilization curve after a check deposited in two banks the same afternoon.

Hypotheses to test

• Authorize Remove access or reverse the item now; bust-out credit-line utilization curve already has the discriminator after a check deposited in two banks the same afternoon.
• Keep Temporary compensating control in force until bust-out credit-line utilization curve is completed after a check deposited in two banks the same afternoon for SIU investigator.
• Treat bust-out credit-line utilization curve as Approve a documented exception because both readings appear after a check deposited in two banks the same afternoon.
• Refuse a Fraud Detection close: SIU investigator does not have the page a payment hold survives turns on in bust-out credit-line utilization curve.

Analysis required

• Quantify loss if the hold is released before bust-out credit-line utilization curve is complete.
• Test a one-off dispute against the first edge of a scheme around a payment hold survives.
• Check mule or round-trip markers in bust-out credit-line utilization curve.
• For this Fraud Detection Mortgage Fraud file, read bust-out credit-line utilization curve against a check deposited in two banks the same afternoon and write the one fact that would move a payment hold survives for SIU investigator.

Recommendation

Choose Remove access or reverse the item / Temporary compensating control / Approve a documented exception / Hold on this Fraud Detection / Mortgage Fraud packet (bust-out credit-line utilization curve after a check deposited in two banks the same afternoon). The follow-on Mortgage Fraud action is what SIU investigator does next: implement the option, assign an owner, and log the missing fact.