Home >> Headlines >> CoreLogic Improves Accuracy of Loan Estimates with New Program
Print This Post Print This Post

CoreLogic Improves Accuracy of Loan Estimates with New Program

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.

About Author: Staff Writer


Check Also

Home Price Growth in Urban Areas Gaining Steam

The trend of mass exodus from urban areas at the outset of the pandemic seems to be changing gears, as a migration back to major cities is underway and sales are picking up.

Subscribe to MDaily

MReport is here for you to stay on top of important developments in the mortgage marketplace. To begin receiving each day’s top news, market information, and breaking news updates, absolutely free of cost, simply enter your email address below.