CoreLogic Web app automates loan mods

HAMP, Fannie, Freddie and proprietary programs supported

Property information and analytics provider CoreLogic is offering a new Web-based application it says can help loan servicers streamline loan modifications.

CoreLogic’s IntelliMods application includes parameters and automated decision-making tools for Fannie Mae and Freddie Mac loan mods, as well as the Home Affordable Modification Program (HAMP). Loan servicers can also build decisioning tools for their own proprietary loan modification programs.