LoanSafe® Risk Manager Suite

Residential mortgage fraud continues to evolve and escalate, requiring lenders, servicers and investors to adopt increasingly advanced detection and decision analytics. LoanSafe Risk Manager answers that need, combining three key advantages to deliver industry-best performance:

• Data - CoreLogic maintains the nation's largest, most accurate proprietary and contributed property ownership and mortgage loan databases. Updated daily, our databases provide immediate access to the information you need to detect fraud and other risks.
• Analytics - LoanSafe Risk Manager zeroes in on loan application or property anomalies by incorporating innovative econometric modeling of neighborhood-level collateral risk with patented predictive-analytic models.
• Precision - Efficiently incorporating pattern-recognition and econometric scores dramatically reduces false positives, while catching significantly more fraud or collateral issues. Alerts, risk indicators and recommendations assure dynamic insight and confident decisioning.

LoanSafe Risk Manager combines our data, analytics and precision into two modules - LoanSafe Collateral Manager and LoanSafe Fraud Manager. The two-pronged solution addresses mortgage risk related to collateral valuation and mortgage fraud to deliver the industry's most comprehensive risk management solution. Working in tandem, these solutions minimize collateral risk and maximize fraud detection - an unbeatable combination that reduces looses from early payment defaults and buybacks.

LoanSafe Risk Manager Suite supports:

• Originators and lenders
• Mortgage investors
• Mortgage and bond insurers
• Credit advisory services and rating agencies
• Servicers
• U.S. government corporations
• Regulators

The entire LoanSafe suite was enhanced to include additional configuration options upon request, including data contribution. Using this feature, the model can incorporate that data and enhance the accuracy of the score. Over time, contribution of data will enhance the accuracy of the score.

NOTE: Data will be available for off-line analysis and comparison to other lenders' data.

Introducing a new feature - DU3.2 File Upload

1003 is the form number assigned by Fannie Mae and used by mortgage computer software programs when referring to the Uniform Residential Loan Application. Fannie Mae's desktop underwriter system created a proprietary format referred to as "DU3.2" to import/export the 1003 loan application data to/from Loan Origination Software (LOS).

Up until now, lenders nationwide were required to manually hand-key this information into risk management solutions, such as any of the LoanSafe analytics. Since this was a well-known and commonly used format, RealQuest Professional sought to provide it's users with a solution to reduce time, effort and errors from manual entry - introducing the DU3.2 File Upload feature.

Now users have the ability to import a DU3.2 file in lieu of manually entering the fields on the LoanSafe input form. Users can simply browse for files in any directory available to them. Data from uploaded files is automatically parsed and key data is automatically entered into the appropriate "Input Information" page fields. All fields will be editable after file upload and before requesting the report.

Want to Know More?

Contact us today to learn more about the power of RealQuest Professional — the standard in property data and analytics.