CoreLogic® (NYSE: CLGX), a leading global property information, analytics and data-enabled solutions provider, today announced AutomatIQTM Collateral, a solution that will provide lenders with a comprehensive suite of data and analytics on property ownership, value, condition and hazards. By offering a single point of access to obtain crucial property underwriting data, AutomatIQ Collateral will streamline a lender’s workflow, allowing them to make faster decisions, accelerate transaction times and reduce risk throughout the loan origination process.
It takes weeks to request, evaluate, verify and process the property information needed to close a loan. AutomatIQ Collateral expedites this process by offering integrated solutions for:
“We’re dedicated to keeping lenders on the leading edge of the digital mortgage industry by offering workflow solutions that are tightly integrated with automation and analytics,” said Vicki Chenault, Executive, Valuations Solutions Group at CoreLogic. “With AutomatIQ Collateral, lenders will now be able to access essential property data through a single-source, empowering them to originate loans faster, at a lower cost and with less risk.”
AutomatIQ Collateral follows AutomatIQ Borrower as the latest offering within the AutomatIQTM Suite of Digital Mortgage Solutions from CoreLogic. The AutomatIQ Suite is designed to help lenders digitize, streamline and automate each phase of their mortgage origination workflow. For more information, visit www.corelogic.com/products/automatiq-collateral.
CoreLogic (NYSE: CLGX), the leading provider of property insights and solutions, promotes a healthy housing market and thriving communities. Through its enhanced property data solutions, services and technologies, CoreLogic enables real estate professionals, financial institutions, insurance carriers, government agencies and other housing market participants to help millions of people find, acquire and protect their homes. For more information, please visit www.corelogic.com.
CORELOGIC, AutomatIQ and the CoreLogic logo are trademarks of CoreLogic, Inc. and/or its subsidiaries.