Lending Solutions

Delivering the Right Information. When and How You Need It.

CoreLogic® is changing the way mortgage professionals evaluate lending decisions. For the first time, our revolutionary, information-based approach unites historic transactions, property information and market behavior. What makes it all possible? The nation’s largest property and homeownership database, which includes:

• 99.9% of all parcels
• 147 million properties
• 3,109 counties
• 85% of U.S. home loans
• $6.8 trillion in mortgage balances

We channel this information into powerful analytic solutions that can alleviate long-standing worries, streamline operations and give you a competitive advantage. At the Lenders One 2011 Conference, we’re bringing you an exclusive look at our solutions for some of today’s most pressing lending-related issues.

Valuation Services

Market uncertainty, distressed properties and rising costs necessitate a smarter approach to home valuation. We have a variety of tools designed to suit every situation and budget, from automated valuation models (AVMs) to onsite inspections and hybrid solutions.

• NEW! Onsite™ – Launching at CBA Live 2011, Onsite is a new tool that combines an AVM valuation and on-site visit into a quick, comprehensive property valuation.
• GeoAVM™ Core Plus – Cost effective and offering high accuracy and fulfillment rates, GeoAVM Core Plus expands and deepens coverage by incorporating HVE from Freddie Mac. As with all AVMs included in the GeoAVM Core option, HVE undergoes our nightly blind-testing process separately and as part of the cascade.
• Automated Valuation Models (AVMs) – Our collective suite of AVMs offers the greatest nationwide geographic coverage, fulfillment rate and accuracy in the industry. Access to the top AVM providers is available from a single platform. Benefit from the most reliable best-in-class technology that is coupled with the most choices.
• LoanSafe^® Collateral Manager – The next generation in our evolutionary chain of proven collateral risk management products, combining our extensive data with years of experience in econometric modeling to deliver a more powerful collateral risk management tool.

Before funding or submitting loans to Government Sponsored Enterprises (GSEs), it’s important to validate stated information. Our solutions can help you do precisely that.

• NEW! Verification of Military Services (VOMS) — With VOMS, mortgage servicers can now quickly and accurately identify military borrowers in accordance with the Servicemembers Civil Relief Act (SCRA), which prohibits foreclosures as part of the delinquency process, and caps interest rates. This compliance and loan due diligence solution helps lenders avoid potential regulatory investigations, lawsuits and costly settlements for noncompliance.
• LoanSafe Risk Manager Suite - The LoanSafe Risk Manager Suite is comprised of two modules—LoanSafe Collateral Manager and LoanSafe Fraud Manager. Working in tandem, these solutions minimize collateral risk and maximize fraud detection—an unbeatable combination that delivers a meaningful and lasting impact on mortgage risk management practices.
• Income Advisor™ - IncomeAdvisor helps detect income fraud early in the origination process using actionable alerts, and provides an income estimate with confidence levels. Advanced analytic models instantly evaluate the reasonableness of a borrower’s claimed income for better decisioning and enhanced profitability.
• Verification of Employment — Our team of specialists personally researches each applicant to verify employment history, such as current and previous employment, full- or part-time status and length of employment. It can be used at any stage of the lending process.
• 4506-T Direct — Our 4506-T Direct service provides a simple, reliable way to validate applicant information, delivering results on average in 24 hours or less. The result is an easy-to-read report with an actual IRS transcript that includes all schedules.
• FinalCheck — Avoid loan buy-backs with three powerful LQI-compliant prefunding solutions: CreditCheck, AppCheck and FraudCheck. Instantly identify new credit tradelines, discover undisclosed loans and screen against exclusionary lists just before submitting loans to GSEs.

Escrow Services

Streamline transactions and mitigate risk with accurate flood and property tax data.

• Flood Determinations - Whether you're processing a first position loan or a second refinance, our complete line of origination products keeps the process moving smoothly. Our flood determination services help you maintain compliance with federal regulations while mitigating your flood risk.
• Property Tax Reporting - Our individually tailored solutions allow you to design the tax service package that fits your business needs precisely. Take advantage of one, several or all of our customizable products and services to create a solution that’s right for you.
• Property Tax Outsourcing - Our Real Estate Tax Services group is a leader in providing real property tax services and information nationwide. We service more than 29 million loans for 22 of the top 25 servicers, and we are dedicated to meeting the specialized prime, non-prime and sub-servicing needs of the mortgage lending community.
• Tax Data Products - Prepare Good Faith Estimates (GFEs) and HUD-1 Settlement Statements quickly and accurately using real-time real estate tax information from InstantData^®. After close, monitor collateral loss risk resulting from delinquent taxes and/or tax sales with TaxWatch.
• Natural Hazard Reports - Proactivey manage portfolio risk with comprehensive reports utilizing our highly accurate and current property data, location-based data and analytical applications

Marketing

Competing for qualified prospects requires a smart, targeted approach. Our marketing solutions combine our vast data with intelligent analytics tools to help create laser-guided lists that increase response and close rates while lowering marketing costs.

• ListSource — Target homeowners with surgical precision with this premier list database. Access multiple data elements, such as homeowner address, property characteristics, demographics, buying behavior and mortgage data, to create and manage targeted prospect lists for marketing campaigns.