CoreLogic is digitizing the mortgage underwriting process
for lenders with its AutomatIQ suite of solutions. HousingWire recently sat
down with Jay Kingsley, executive for credit and borrower solutions at
CoreLogic, to discuss the company’s AutomatIQ offerings.
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AutomatIQ Borrower, CoreLogic’s digital mortgage solution,
provides a comprehensive set of products, analytics and tools to help lenders
quality, understand and underwrite borrowers. With simple inputs and automated
processing, AutomatIQ Borrower helps lenders reduce the time, touch and cost
associated with underwriting loans.
CoreLogic’s offerings also include AutomatIQ Collateral,
which serves as a single point of access for crucial property underwriting
data, streamlining a lender’s workflow. The solution provides lenders with a
full suite of data and analytics on property ownership, value, condition and
hazards.
CoreLogic recently received Fannie Mae certification for its
Verification of Employment and Income offering. With this approval, CoreLogic
now has a full suite of verification products that are Day 1 Certainty
certified, providing users with efficiency, growth and certainty.
In addition, CoreLogic has also announced enhancements to
its Fact Check Income Calculation Tool, including a non-spreadsheet UI version
of an income calculation tool for underwriters, which is an industry first. The
income calculation tool, which includes a multi-investor capability, is also
visible to loan officers in an effort to facilitate communication and reduce
back-and-forth during the underwriting process.
To learn more about the AutomatIQ suite of products, visit https://www.corelogic.com/.
The post CoreLogic’s digital mortgage solutions streamline the underwriting process appeared first on HousingWire.
