LoanSafe 2.0
Rating Loan Risk at a Glance
LoanSafe 2.0 is designed to make a mortgage loan’s real-world risk instantly transparent—with none of the technical hassle typically required to assess loan-level risk accurately. LoanSafe 2.0 assigns a loan’s overall risk by evaluating, weighting, and combining the risk levels of six key contributing metrics, displaying an overall rating next to ratings for each contributing metric—with recommended actions to confirm or correct them.
LoanSafe 2.0 rates a loan’s overall risk (“1” above), and includes risk assessments of key components contributing to it (property risk, identity risk, income risk, borrower risk, broker risk, market risk). |
Quick, Concentrated Analytics
LoanSafe 2.0 is logically straightforward, honestly intuitive, easy to master—the result of highly sophisticated analytics technology “under the hood” performing lightning fast behind the scenes. Results display in vivid graphic risk indicators that include unambiguous explanations and suggested next-steps based on your internal policies.
LoanSafe 2.0 collateral risk-assessment advantages include:
- Heavy weighting toward collateral performance risk assessment
- Proprietary risk engine instantly spots inaccurate or misrepresented values
- Proprietary scoring evaluates multiple collateral, agent, borrower risk metrics
- Metrics include geographic, appraisal, pricing, default, market conditions
- Flags early payment default and loss severity risk
- Low false-positive rates
Hosted online, LoanSafe 2.0’s analytics engine, metrics, parameters, and scope of data are updated and refined continuously in response to changing market conditions.
Biggest, Best Database Resources
LoanSafe 2.0, like all First American CoreLogic analytics products, draws upon the largest, most comprehensive real estate, property, ownership, HPI, mortgage, mortgage securities, mortgage collateral, and borrower demographic databases in the United States—data collected, coordinated, and stored in First American CoreLogic’s supercomputer-fast, SAS 70 and CyberTrust-certified data centers for instant accessibility online.
Professionally Focused Capabilities
LoanSafe 2.0 offers professionally targeted, competitively comprehensive, quick-turnaround risk assessment capabilities—including:
- Ratings combining borrower, collateral, lender, market characteristics
- Analytics that blend advanced data-mining with state-of-the-art modeling techniques
- Property database that covers over 99% of the U.S. population
- Biggest U.S. mortgage databases (100M+ active loans, 50M+ loan apps)
- Largest, most inclusive national database of U.S. brokers and agents
- Web-hosting that simplifies or eliminates setup, maintenance, updating
Real-World Usability
LoanSafe 2.0’s refreshingly straightforward usability, the result of extensive professional user input during development, makes it uniquely easy to grasp—for example:
- Dashboard clearly spotlights alert type, severity, contributing factors
- Vibrant risk-level colors directly correspond to numerical scores (0 to 25)
- Next-steps recommended for alerts reflect your business rules and policies
- Alerts hotlinked directly to appropriate reports for instant drill-down, review
- Colorful display and simple language ease internal user adoption
- XML or batch processing minimizes keystroke data input
Product Brochure
Identify yourself (name, company, email only) on the accompanying form and download the LoanSafe product brochure (75KB).
For More Information
To learn more about LoanSafe 2.0 or schedule an appointment for a demonstration, please email us or give us a call at the appropriate number for your geographic area.
