Property information provider CoreLogic is enhancing its home equity data solutions with a new data set containing more than 37 million records. Information from the nation’s top eight home equity lenders has been added to CoreLogic’s Loan Level Home Equity and TrueStandings Home Equity solutions. The data set monitors the performance of 6.2 million active home equity lines of credit (HELOCs) and home equity loans (HELs) with active balances totaling more than $315 billion.

  • Information from the nation’s top eight home equity lenders has been added to CoreLogic’s Loan Level Home Equity and TrueStandings Home Equity solutions.

Property information provider CoreLogic is enhancing its home equity data solutions with a new data set containing more than 37 million records.

Information from the nation’s top eight home equity lenders has been added to CoreLogic’s Loan Level Home Equity and TrueStandings Home Equity solutions. The data set monitors the performance of 6.2 million active home equity lines of credit (HELOCs) and home equity loans (HELs) with active balances totaling more than $315 billion.

CoreLogic is releasing the enhanced data set at a time that home equity lending is experiencing a comeback, fueled by home price appreciation, refinance activity and stronger consumer confidence, said Olumide Soroye, the company’s managing director of information solutions.

“Our expanded home equity data solutions provide originators and servicers with a better view of the overall market and the emerging opportunities and risk it offers, as well as an in-depth analysis of their current books of business,” said Soroye.

The CoreLogic Loan Level Home Equity solution provides monthly loan-level performance information and is designed for portfolio risk modeling. TrueStandings Home Equity is a web-based solution providing aggregated home equity data analytics including monthly performance data.

CoreLogic’s home equity solutions help users assess the payment shock risk associated with seasoned HELOCs converting from draws to repayment terms; analyze performance and delinquency trends of their portfolios and make market comparisons for both lines and close-end loans; perform utilization analysis on HELOCs; and make home equity underwriting and marketing decisions.

Email Amy Swinderman.

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