Home / Headlines / CoreLogic Unveils CLEAR Solution
Print This Post Print This Post

CoreLogic Unveils CLEAR Solution

Global solutions provider CoreLogic has rolled out a new data and analytics platform geared to whole loan traders and servicers. Dubbed CLEAR (short for CoreLogic Lien Analytics Radar), the integrated system grants users access to current data on lien position, equity, consumer credit, and property and owner characteristics. On top of that, CLEAR also provides life-of-loan surveillance on designated assets and portfolios—all with the ultimate goal of helping users make critical, timely, and finely tuned on-the-job decisions.

“Historically, investors and servicers have encountered significant information gaps in bidding on whole loan portfolios and making strategic servicing decisions,” said Dillon Vestal, VP, Advisory Services for CoreLogic. “CLEAR creates efficiencies, saving time and, ultimately, costs associated with accessing needed data and analytics in a timely, consumable fashion.”

Spanning the pre- and post-bid stages all the way up through the post-settlement process, CLEAR lets whole loan traders upload bid tapes and rapidly receive the latest company data and analytics to help boost their bidding and risk management decision-making processes. Rooted in a flexible, transparent platform, the CLEAR-based applications extend across due diligence, portfolio management, and servicing. And the benefits don’t end there. CLEAR also offers customizable delivery packages that target particular client needs, a self-service portal, individual loan analysis results and ordering capabilities, client-defined monitoring frequencies for each product tier, consumer credit tradeline integration for permissible use, auxiliary data integration from property abstracts, four different tiers of data analysis and pricing, and an FTP-ready output.

“By combining comprehensive analysis with fast, flexible, and customizable delivery options, our clients will get data for whole loan bid decisioning, default treatment, and early detection of portfolio risk,” Vestal added.


About Author: Staff Writer


Check Also

REO Professionals Set to Gather in Vegas

Five Star’s inaugural REO Connect event will serve as a hub for industry professionals committed to making the REO process profitable, efficient, and effective at eliminating blight from neighborhoods nationwide.