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.
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
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:
Opportunity to gain market
advantage by availing of rapid
‘one stop shop’ delivery
►
Customization for ongoing
needs and requirements
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.
►
Non-Agency RMBS Securities Data
$1.3 trillion+ in loan-level RMBS with
more than 98% of outstanding pool
balances.
►
Home Equity Data 7 million+ home
equity loans and lines of credit, 80% of
bank-owned secondary loans.
►
Real Estate Property Data Covers
99% of all U.S. properties— data
includes property characteristics,
sales transactions, mortgages, releases,
foreclosures, and more.
Data
Resources
Expert
Advisory
Consultants
Analytics
and
Modeling
Tools
Technology
►
Servicing Data 42 million+ active
mortgages, 28+ million at the loan
level.
►
Credit Data Up-to-date borrower
credit scores and credit data matched
to LoanPerformance securities data
available through the leading credit
reporting agencies.
►
Match & Append Database Services
Add products and metrics from across
the information spectrum to enhance
insight and understanding.
Analytics and Modeling Tools
Our LoanPerformance® and other sophisticated CoreLogic modeling and analytics tools have built a solid truth-telling record over
the years, offering clear-eyed insights into the most complex financial instruments. We continuously refine these tools—designed
by quants to unwind other quants—to put our data to its most immediate and effective use. New Diligence tools include:
►
Bond Analytics Solutions A series of assignment-specific 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.
►
CoreScore™ This amazing tool evaluates market forces beyond basic AVM and BPO estimates, assisting REO managers in
understanding what actually drives valuations.
►
RiskModel® This powerful modeling tool forecasts credit risk, prepayment risk, and future cash flows—and estimates likely loss
exposures of individual loans and portfolios.
►
WillCap™ Using borrower demographic data, WillCap predicts mortgage defaults—or successful loan modifications—by
scoring willingness, capacity, and financial distress.
►
CoreLogic HPI, HPI Forecasts These authoritative housing price indices provide the most rigorously sourced views of current
and coming real estate pricing trends.
►
Real Estate Analytics Suite These sophisticated tools measure overall market health, property value trends, distressed
transactions, negative equity—and help predict likely turning points in the housing cycle.
Expert Advisory Consultants
The CoreLogic Data Advisory Group’s team provides expert assistance in using our wealth of data and analytics/modeling tools to
create quick, custom-targeted results. With experience in buy-side perspectives, bond trading, credit ratings, financial engineering,
mortgage origination and servicing, we cut through complexity and confusion to find the information, insights, and ideas you
need—quickly, clearly, painlessly.
Our group’s New Diligence specialties include custom due diligence services, reps & warrants analytics, and comprehensive issuer
and investor services, ranging from bond pricing and OTTI adjustments to whole loan pricing, asset management improvement,
and dynamic credit hedging strategies. We are also well-versed in new compliance and disclosure requirements stemming from
Dodd-Frank and other regulatory initiatives.
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.
At every step in the mortgage process, CoreLogic Dorado automation enables transaction decision-makers to move faster, at less
expense, and with much more accuracy.
FOR MORE INFORMATION PLEASE CALL 1-415-536-3500
© 2011 CoreLogic
CORELOGIC, LOANPERFORMANCE and RISKMODEL are registered trademarks of CoreLogic
CORESCORE, NEW DILIGENCE, TRUELTV and WILLCAP are a trademark of CoreLogic
All other trademarks are the property of their respective holders.
1-NEWDILIGENCE-0311-04
corelogic.com