home equity
Double-Digit Home Price Gains Boosted Home Equity to New Highs
Borrower Equity Update: First Quarter 2021 Average equity gain of $33,400 per borrower in Q1 2021 was the highest in at least 10 years. National
June 10, 2021
As the industry leader, CoreLogic is unifying and transforming residential property tax through innovation. By leveraging near real-time data across the life of a loan, we fundamentally transform both the level of transparency available to mortgage servicers and the expediency and accuracy of tax payments. This is insight with integrity.
What Our Customers Say
“CoreLogic was our first choice - their data is superior, they know the industry and we have the utmost trust in them.”
Bob Caruso
President and CEO, ServiceMac
“Through our strategic partnership with CoreLogic, we can swiftly stand up solutions to meet the latest challenges facing servicers. We’re excited to see the positive impact this is already having on our customers’ experience.”
Jay Bray
Chairman and CEO, Mr. Cooper Group
“The CoreLogic DigitalTax Platform is a critical component of our larger Digital Transformation Initiative. We knew that by having faster access to more reliable digital property tax information earlier in our workflows we would become more efficient, but even we were surprised by how much the DigitalTax Platform improved our processes and helped us delight our customers.”
Terry Smith
CEO, Rushmore Loan Management Services
How Can We Help You?
Our data is more current, more accurate, and more reliable. This allows you to respond faster and be proactive.
Unified and Real-time Data Across the Tax Ecosystem
Our competitors rely on periodic bulk downloads of tax data from the nation’s taxing authorities. CoreLogic, on the other hand, has built near real-time integrations with many of these entities. As the foundation for CoreLogic residential real estate tax and payment solutions, the DigitalTax Platform transforms your tax service performance by facilitating near real-time data exchange between servicers, borrowers and taxing authorities. The result is a tax service that delivers a unified and consistent view of property tax data across the entire ecosystem.
- Delivers accurate data faster
- Provides a clear view of risk
- Enables proactive engagement to help ensure a positive borrower experience
Reliable, Accurate and Timely Tax Reporting
With our comprehensive tracking and reporting of over 22,000 tax authorities, we can help optimize your escrow administration process. Our Tax Amount Report provides details such as due dates, tax amounts, and required methods of payment. Lenders and servicers rely on CoreLogic for reliable procurement of tax information, accurate payment specifications of tax authorities, and timely payments.
If your borrower is responsible for paying taxes directly to the taxing authority, our Tax Payment Status reporting service provides the visibility you need to help reduce risk. Through our automated interfaces with taxing authorities and near real-time data, we can promptly notify you of delinquent taxes, provide updated information when required and pay delinquent taxes on your behalf and according to your guidelines. Our services can also assist with regulatory and investor reporting requirements.
Do What You Do Best, We’ll Do the Rest
Easily manage payment processing, balance and delivery of tax payments from a single source. This comprehensive Staff Augmentation service allows you to focus on your borrower while we help manage:
- Tax amount reporting
- Tax payment processing services
- Check processing and account reconciliation
- Tax mail services
- Customer tax research
- Delinquency reporting
Contact Center Services are also available to help further protect and optimize the borrower experience. Combined with our technology and ability to scale, our focus on quality helps ensure an optimal experience for your borrower throughout the servicing lifecycle.
Ready To Take Action with our Residential Tax Solutions?
Schedule a free consultation, and empower your team with CoreLogic today!
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