Abstract: A system and method is provided for use by verification authorities to audit, review and verify information received by applicants or individuals. It allows the end user to verify the information received and return the verified information to whatever institution requires the verification and audit of the information received. The system and method provides full and complete reports and details to allow them to make crucial decisions on verifying the information received. Further, the system and method verifies information received from individuals that may be used such as background, employment and other types of information. The system may allow a user to verify income re-verification, asset verification and in-depth fraud analysis. The system may also provide update and current information on clients and can give an indication and/or predictors on loan defaults and potential problems and return that information to the institution requiring such information.