CoreLogic Introduces New Property Data Solution For Mortgage Professionals

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CoreLogic has introduced a new solution which it claims gives mortgage professionals a more accurate and complete view of a residential property.

The new PanoramIQ solution uses a combination of public and proprietary property datasets, a unique property ID, machine learning and analytics, CoreLogic says in a release.

According to CoreLogic research, 27% of property records nationally have gaps within public-record data. Traditionally, a lender or mortgage professional would need to manually gather information on a property through multiple sources and then compare to see what information is correct and reliable. This can be timely and costly.

PanoramIQ solves this issue by combining data from multiple sources in a single-pane view of a property. This enables users to make faster and more timely decisions.

CoreLogic says PanoramIQ can deliver a more accurate property report because it utilizes more current and reliable sources than public-record data alone.

Using a proprietary methodology, the solution efficiently brings together thousands of disparate property data sets to deliver accurate property information, the company says.

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