DisasterMonitor Service
Monitor Your Exposure to Disasters
First American CoreLogic’s DisasterMonitor Service offers 24/7 oversight of U.S. property at risk from natural or other disasters, automatically combining First American and CoreLogic property data, LoanPerformance mortgage data, and government disaster information, including:
- FEMA daily situation reports
- National Weather Service
- US Geological Survey
- Disaster Federal Register Notices (DFRN)
- Relevant data from other First American subscription services
DisasterMonitor’s fully interactive online maps enable fast and accurate searches anywhere in the US for detailed information on the current status and precise location of declared disasters. |
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Focused, Up-to-the-Minute Disaster Reports
Officially declared disaster area parameters and status can profoundly affect your exposure to damage, loss, and other liabilities. Available federal aid and/or public assistance can offset your costs or—as in Katrina—add to them. Our disaster reporting eliminates the confusion:
- Disaster Alerts Detailed disaster reports of pre-determined coverage areas and current status within 24 hours of any declared FEMA disaster.
- DisasterMonitor Reports DisasterMonitor Reports arrive twice a month, providing the latest information on status and boundaries of all FEMA-declared US disasters.
- DisasterMonitor Lender Alerts Detailed information about lender properties in declared disaster areas—including borrowers, addresses, maps, and any other information provided by customer or otherwise available.
- Interactive Maps DisasterMonitor’s online maps—auto-updated with the latest disaster information—enable you to search across the country, then zoom, pan, tilt, and drill-down for detail. After saving that map, you can then search for and save others.
Unprecedented Accuracy and Depth of Detail
Determining actual exposure to disasters requires the most current disaster data and up-to-date, fully detailed, pinpoint-accurate property, collateral, and mortgage information. DisasterMonitor draws its real estate and mortgage data from the industry’s two leading resources:
- First American CoreLogic’s Property Databases The nation's most current, comprehensive real estate information, these databases cover 97% of all U.S. real estate transactions—and include tax roll, collateral, and borrower data.
- LoanPerformance’s Mortgage Securities Databases The industry's largest, most comprehensive, most trusted databases, they include loan-level information on over $2 trillion in MBS and ABS securities—more than 90% of the market.
DisasterMonitor Benefits and Services
Disasters, by definition, produce catastrophic consequences for property owners in the affected areas—and for the companies that supply financial services tied to the value of those properties. DisasterMonitor Service offers companies many benefits, at many levels of exposure to risk:
- Major Disaster Field Review Special Reports Major disaster coverage includes a review of your exposure from a field perspective plus areas or events of interest.
- Accurate Loss Reserve Estimations DisasterMonitor auto-populates target area templates with the latest—or projected—data, auto-calculates the costs of damages and losses.
- High-Risk Loans in Disaster-Prone Areas Before a predictable disaster (like a hurricane) strikes, DisasterMonitor projects scenarios, enabling early planning.
- Immediate-Default Loans DisasterMonitor helps avoid needless, potentially costly delays when destroyed collateral obviously qualifies for immediate default.
- False Positives Some disasters—like flooding—make it difficult to determine locations and damages. DisasterMonitor’s multi-dimensional data reduces false positives.
- Mandatory HUD, Federal Agency Reporting DisasterMonitor Reports can include all data and documentation needed to initiate or apply for federal disaster relief.
- Internal Resource Realignment DisasterMonitor helps you plan disaster response resource allocation in advance, helping avoid expensive, last-minute inefficiencies.
- Customer Service Excellence Company reputations are made or undone by the quality of response to the needs of customers in disasters. DisasterMonitor helps you excel.
Product Brochure
Identify yourself on the accompanying form and download the DisasterMonitor Service product brochure (549KB).
For More Information
To learn more about DisasterMonitor or schedule an appointment for a demonstration, please email us or give us a call at (866) 774-3282.