CoreLogic, the global property information, analytics, and date-enabled solutions provider, announced the addition of its Property Tax Estimator to the Ellie Mae Encompass, an all-in-one mortgage management solution. The Property Tax Estimator provides accurate Loan Estimates at the start of the process to the benefit of the underwriters and servicers.
CoreLogic is proud to make Property Tax Estimator a part of Ellie Mae and says the addition will make it easier for underwriters to see if the borrowers can financially support the mortgage amount, while improving the onboarding process for servicers.
Kirk Randlett, VP, Operations, Tax Services Management, for CoreLogic said upon the announcement, “The tax estimating process is critical to several stages of the mortgage cycle: disclosures, underwriting, and servicing. Accurate tax estimates help deliver the right blend of quality, performance, and efficiency required for optimizing the borrower experience while minimizing compliance risk.” CoreLogic explanted that this addition will improve the customer experience by making it easier for lenders to be productive and need to outsource for tasks such as data procurement regardless of the property, exemption status, county exception complexity and loan officer tenure.