CoreLogic provides intelligence solutions across the home-buying journey, revolutionizing collateral valuation. Solutions like Total Home ValueX (THVX) use a state-of-the-art automated valuation model that leverages AI and machine learning built on cloud technology, enabling CoreLogic to offer businesses simplicity, convenience and peace of mind by providing a single model methodology that dramatically increases home value accuracy and hit rate for all AVM applications. Leveraging CoreLogic’s property datasets, proprietary MLS data and other unique data assets not traditionally included in AVMs to drive unsurpassed hit rates, precision and consistency.
- Current market value on 100% of residential properties provided with THVX
- 75% of more reduction rate of mortgage loan fallout rates due to collateral valuation inconsistency
- 80% precision in identifying properties with extreme condition and quality
- On average, selects comparables that are 30% more similar to the subject than distance based search
Loan Origination, Servicing