CoreLogic a la mode now offering appraisers a completely mobile PDR solution
IRVINE, Calif., August 24, 2022 — CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, announced that CoreLogic a la mode received verification to support Freddie Mac’s ACE+ PDR (automated collateral evaluation plus property data report) solution. CoreLogic a la mode’s mobile ACE+PDR solution can be completed at the subject property and delivered directly to an appraiser’s clients from the TOTAL for Mobile app.
The PDR is part of a new Freddie Mac solution that allows lenders to originate certain refinance loans without a full appraisal. Property information is collected on site by trained data collectors, such as an appraiser, appraiser trainee or another appraisal staff member, using the Freddie Mac PDR dataset.
“The appraisal field is constantly changing, and appraisers must stay innovative to keep up with their clients’ needs,“ said Sean Shiplet, senior leader, CoreLogic Property & Appraisal Solutions. “Adding PDRs to their skillset allows them to offer even more services to their clients and opens a potential new revenue opportunity previously unavailable.”
The PDR is a dynamic form containing 40+ sections that can automatically increase based on the subject property characteristics. Appraisers using TOTAL for Mobile to complete the form can save it as a PDF and deliver it directly from their mobile device to clients.
Appraisers interested in using TOTAL for Mobile to complete the new PDR forms can download the TOTAL for Mobile app in the Apple store.
CoreLogic is a leading global property information, analytics and data-enabled solutions 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, a la mode, and TOTAL for Mobile are trademarks of CoreLogic, Inc. and/or its subsidiaries. All other trademarks are the property of their respective owners.