LoanSafe®
LoanSafe, powered by CoreLogic’s Fraud Consortium—the largest aggregation of mortgage loan applications paired with patented recognition models and extensive property data—is the industry benchmark for mortgage fraud risk detection. LoanSafe uses predictive analytics and CoreLogic’s comprehensive data to provide lenders with early fraud detection tools, enhancing the integrity of the mortgage approval and underwriting process.
Use Cases
Fraud Detection in Loan Origination:
LoanSafe identifies and mitigates fraud risks during the loan application process with predictive scoring and alert systems, enabling quick and effective assessments.
Benchmarking and Peer Comparison:
Lenders can benchmark their fraud risk against industry and lender-level standards using CoreLogic’s Fraud Consortium data to uncover fraud trends and scheme evolutions.
Streamlining Loan Reviews:
LoanSafe saves time by simplifying loan reviews through tools like LoanSafe Connect™, which facilitates efficient alert management and peer collaboration.
Portfolio Risk Management:
LoanSafe Explorer™ continuously monitors entire loan portfolios, identifying emerging fraud patterns and helping mitigate large-scale risks.
Why LoanSafe Matters
LoanSafe® enhances the mortgage origination process with several key benefits:
Proactive Fraud Detection: Early alerts enable lenders to identify and address fraud risks before they lead to losses, improving overall loan quality.
Data-Driven Insight: By leveraging historical and pooled data, LoanSafe offers unique fraud detection insights and enables peer benchmarking.
Resource Optimization: Risk-based analytic scores focus resources on higher-risk loans, increasing the efficiency of fraud management.
Risk Reduction: LoanSafe minimizes the likelihood of losses due to fraud, preserving portfolio health and lender trust.
Incorporating LoanSafe into the mortgage origination process marks a pivotal advancement in fraud risk detection. Engineered to meet the evolving demands of today’s mortgage industry, LoanSafe combines precision and proactive security, ensuring every transaction is handled with greater safety and trust.
As one of the most comprehensive and sophisticated fraud detection tools available, LoanSafe leverages CoreLogic’s unparalleled property data and predictive capabilities to empower professionals. It provides robust fraud prevention solutions, delivering an unmatched level of service and reliability.
For more information, visit CoreLogic.com
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