CoreLogic Integrates LoanSafe Appraisal Manager On the Ellie Mae Encompass All-In-One Mortgage Management Solution

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CoreLogic
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April 14, 2016, Irvine, Calif. –

—Encompass Users Can Now Validate and Manage Appraisal Risk Directly from the Loan Origination Platform—

CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled services provider, today announced the integration of LoanSafe Appraisal Manager on the Ellie Mae Encompass® all-in-one mortgage management solution. LoanSafe Appraisal Manager allows lenders to quickly and easily review a loan application’s appraisal quality, potential risk of repurchase, valuation accuracy, market risk and more directly from Encompass.

LoanSafe Appraisal Manager provides Encompass users with risk scores using an analytic model that identifies appraisals with the highest potential risk of repurchase by rank-ordering the risk of over-valuation, early payment default, foreclosure and appraisal non-compliance.

“LoanSafe Appraisal Manager enables lenders to objectively prioritize the riskiest appraisals and allocate resources to the appraisals that have the highest risk of noncompliance,” said Jacquie Doty, vice president, Industry Outreach, for CoreLogic. “Now, with its integration on Encompass, CoreLogic can provide a more complete, single vendor option on Encompass. Lenders can now leverage a single provider for a majority of their services, maximizing efficiency and reducing the complex process of vendor management.”

“This latest product integration enhances our continued partnership with CoreLogic,” said Joe Tyrrell, executive vice president at Ellie Mae. “We are focused on providing value to our clients, and by streamlining the appraisal review process we can help them to optimize resources and reduce costs.”

LoanSafe Appraisal Manager joins other CoreLogic products currently integrated in the Encompass platform, including Instant Merge®, the nation’s most popular 3-bureau merged credit reporting solution, flood determinations, LoanSafe Fraud Manager, LoanSafe Risk Manager, Merge Plus credit supplements, 4506-T Direct, FinalCheck LQI Compliance, automated valuation models and several pieces of the Ellie Mae Total Quality Loan.

About CoreLogic

CoreLogic (NYSE: CLGX) is a leading global property information, analytics and data-enabled services provider. The company’s combined data from public, contributory and proprietary sources includes over 4.5 billion records spanning more than 50 years, providing detailed coverage of property, mortgages and other encumbrances, consumer credit, tenancy, location, hazard risk and related performance information. The markets CoreLogic serves include real estate and mortgage finance, insurance, capital markets, and the public sector. CoreLogic delivers value to clients through unique data, analytics, workflow technology, advisory and managed services. Clients rely on CoreLogic to help identify and manage growth opportunities, improve performance and mitigate risk. Headquartered in Irvine, Calif., CoreLogic operates in North America, Western Europe and Asia Pacific. For more information, please visit www.corelogic.com.

CORELOGIC, the CoreLogic logo, CoreLogic Credco, Instant Merge, LoanSafe Fraud Manager, LoanSafe Risk Manager and LoanSafe Appraisal Manager are trademarks of CoreLogic, Inc. and/or its subsidiaries. All other trademarks are the property of their respective owners.