The evolution of loan risk analysis
Exclusively from CoreLogic Credco, ENCORE is the industry’s only comprehensive reporting solution that delivers FCRA-compliant risk analysis for all critical elements of the mortgage application and servicing processes. In seconds, ENCORE delivers a 360-degree risk view of the consumer and lending transaction that’s easy to interpret and 100% decisionable – all in a single transaction.
Exclusive data intelligence
ENCORE combines, sorts and delivers exclusive data intelligence from thousands of public, private and proprietary data sources. The result is a customizable rules-based analysis of this data, complete with recommended actions.
Each report delivers comprehensive decisioning data and analysis in the following critical categories:
Features an at-a-glance summary of key consumer and mortgage loan factors, such as mortgage lending activity, subject property data, lien status and credit history of an existing or previous mortgage loan. Includes caution alerts for credit, identity, collateral, income and transaction data that may represent loan risk indicators.
Features property characteristics and historical data, owner occupancy analysis, estimated value, comparables and valuation on nearby sales to determine potential risks associated with the subject property.
Provides applicant’s credit information from all three national credit bureaus along with public records information and other data sources to help determine applicant credit worthiness.
Displays Red Flag fraud and FACT Act alerts along with key identity information, such as name, AKAs, other related SSNs and addresses associated with an applicant to help detect and resolve potential fraud.
Validate loan applicant income and employment history to help determine if your applicant has the capacity to meet payment obligations.
Helps assess broker origination risk and verifies licensing information on third-party brokers, appraisers, loan officers and other mortgage professionals by screening against the HUD LDP, GSA-EPLS and other exclusionary lists to help protect the integrity of the loan transaction.