PORTFOLIO
MANAGEMENT
New Diligence™
Because the Old Rules No Longer Apply
No one knows exactly what the new mortgage-backed securities market will look like
when the dust clears. But one thing’s for sure: risk visibility will be king. No one with
money at risk can afford to take securities value on faith. Those days are gone.
Everyone needs to know for themselves what’s behind the value of their portfolios.
Whether you’re looking forward to issuing or investing in the non-Agency RMBS, covered
bond, Agency-certified or whole-loan markets, you will need a whole new level of due
diligence.
You need New Diligence.
New Diligence from CoreLogic gives
you accurate, actionable insight into
the current marketplace and prepares
you for what’s coming, no matter what it
turns out to be. New Diligence combines
products, services, and expertise in
carefully focused solutions that provide
you the exact insights you need to
understand your options—and move fast
to implement them.
Key Benefits
►
Single view of securities and
real estate data
►
Gain insight into the true
value of asset-backed
securities
►
More accurately predict loan
and pool behavior
►
Obtain updated lien
amounts, property valuations,
and LTVs at loan level
►
Improve asset valuation for
secondary market trading
►
Strong visibility on
heterogeneous portfolio
behavior
►
Opportunity to gain market
advantage by availing of rapid
‘one stop shop’ delivery
►
Customization for ongoing
needs and requirements
Data
Resources
®
Asset
Valuation
and Risk
Assessment
Due
Diligence
Advisory
Solutions
Housing
Analytics
and
Market
Trends
Workflow
Technology
Data Resources
New Diligence feeds our comprehensive databases into a single, concise view of security,
real estate and borrower data, enabling clear understanding of heterogeneous portfolio
behavior, updating of asset valuations, and insight into the true value of portfolios and
securities. You gain the unprecedented ability to combine the many perspectives of these
trusted resources:
►
Non-Agency RMBS Securities Data
$1.9 trillion+ in loan-level RMBS with
more than 97% of outstanding pool
balances.
►
Servicing Data 40 million+ active
mortgages, 28+ million at the loan
level.
►
►
Home Equity Data 7 million+ home
equity loans and lines of credit, more
than 80% of bank-owned secondary
loans.
Match and Append Database Services
Add products and metrics from across
the information spectrum to enhance
insight and understanding.
►
Real Estate Property Data Covers
99% of all U.S. properties— data
includes property characteristics,
sales transactions, mortgages, releases,
foreclosures, and more.
►
Credit Data Up-to-date borrower
credit scores and credit data matched
to LoanPerformance securities data
available through the leading credit
reporting agencies.
►
Tax Delinquency Data Our property tax
database has is now 145 million parcels
and our tax delinquency database is
now over 25 million records.
Asset Valuation and Risk Assessment
►
Bond Analytics Solutions A series of assignmentspecific bond analysis and pricing tools, they combine
LoanPerformance data and analytics with Intex deal models.
►
TrueLTV™ This unique dataset quickly uncovers and
clarifies potential prepayment and default risk exposure of
the properties underlying RMBS bonds and derivatives.
►
WillCap™ Using borrower demographic data, WillCap
predicts mortgage defaults—or successful loan
modifications—by scoring willingness, capacity, and
financial distress.
►
GeoAVM™ A sophisticated geo-preference sorting system
that auto-analyzes the historic accuracy of each AVM
in each geographic area to determine an impartial and
accurate AVM cascade.
►
LoanPerformance RiskModel® This powerful modeling
tool forecasts credit risk, prepayment risk, and future cash
flows—and estimates likely loss exposures of individual
loans and portfolios.
►
Broker Price opinions (BPOs) Our nationwide network of
12,000+ brokers and agents delivers high-quality broker
price opinions (BPOs), filling a critical intelligence gap for
our issuance and investor customers.
►
Pre-Bid Snapshot Designed to give you a cost-effective,
decisive, immediate competitive advantage in the mortgage
pool bidding process, it generates fast, decisive information
about properties underlying the pool’s value.
►
HomeStandings™ This amazing tool evaluates market
forces beyond basic AVM and BPO estimates, assisting REO
managers in understanding what actually drives valuations.
►
ValueTrends Represents a new concept in property
valuation trend statistics, placing an AVM value on all
properties in given geographic areas, then calculating
maximum, minimum, median, and mean home price values.
►
Listing Trends A unique modeled data set we derive from
our MLS partners and listing data providers. Delivers timely
indicators of the current housing market and its possible
future direction.
►
Consulting With access to the full spectrum of
Corelogic skills and resources, we help you cut through
external complexity and internal confusion to find the
New Diligence solution you need to move forward-including whole loan and RMBS valuations and pricing,
predictive modeling and analytics, portfolio performance
benchmarking, capital risk weighting, cash flow projections,
and risk hedging strategies.
Housing Analytics and Market Trends
►
CoreLogic HPI® and HPI Forecasts These authoritative
housing price indices provide the most rigorously sourced
views of current and coming real estate pricing trends.
►
HPI Valuation Engine A unique tool which facilitates the
estimation of market value for single or multiple properties
using the CoreLogic Housing Price Index (HPI).
►
Market Trends The industry’s only neighborhood report on
home sales, market distress, negative equity, and mortgage
performance.
Due Diligence and Advisory Solutions
►
Due Diligence Services We perform loan file reviews that
leverage our data, analytics, and professional experience
to identify credit, collateral, compliance, and fraud risk in
portfolios at the loan level - Forensic Due Diligence uncovers
portfolio reps and warrants breaches or misrepresentations,
Distressed Portfolio Reviews help determine optimal loan
execution strategies, Acquisition and Securitization Reviews
help meet rating agency or investor criteria, and Quality
Control identifies adherence to program guidelines.
►
Reps and Warrants Analytics We triage portfolios quickly—
identify the loans most likely to contain breaches—by
comparing portfolio loan seller data to public record and
consumer data.
Workflow Technology
CoreLogic Dorado collaborative cloud computing applications and architecture automate data handling throughout the mortgage
process—from origination through securitization—integrating real-time borrower, organizational, and market information into
the workflow so that lenders, servicers, issuers, and investors can view improved loan and transaction transparency.
FOR MORE INFORMATION PLEASE CALL 1-415-536-3500
© 2011 CoreLogic
CORELOGIC, the stylized CoreLogic logo LOANPERFORMANCE, TRUESTANDINGS, RISKMODEL and HPI are registered
trademarks owned by CoreLogic, Inc. and/or its subsidiaries. HOMESTANDINGS, NEW DILIGENCE, TRUELTV and WILLCAP are a
common law trademark owned by CoreLogic, Inc. and/or its subsidiaries. All other trademarks are the property of their respective
holders. No trademark of CoreLogic shall be used without express written consent of CoreLogic.
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