""DataQuick"":http://www.dataquick.com/, a real estate information solutions firm headquartered in San Diego, announced it has expanded its Standard Recorder layout to provide a more comprehensive view of properties and transactions.[IMAGE] [COLUMN_BREAK]
The expanded layout allows for the creation of a custom bundle devoted to key loan transaction intelligence, including data on 12 million loan modifications, loan terms on four million mortgages, interest rates on 600,000 loans, and details on 525,000 reverse mortgages. The result, DataQuick says, is a solution designed to offer greater insights to originators, servicers, and investors as they make business-critical decisions.
The Expanded Loan Transaction Record is also fully integrated with DataQuick's National Property Database, adding greater intelligence to its existing 305 million property transaction records and 127 million assessor records.
""Lenders, servicers and investors need as much loan-level intelligence as possible to be able to properly gauge the risk and opportunity associated with specific transactions, properties and borrowers,"" said DataQuick president John Walsh. ""DataQuick's Expanded Loan Transaction Record is designed to provide the details needed to make the right decisions throughout the mortgage workflow.""