Collateral Expert is a highly advanced, interactive, and automated fraud detection solution that can instantly identify what a subject property was worth at a specific point in time, as well as potential "flips" or fraudulent activities related to a specific property.
Since it's an address driven valuation review solution, it can be used to analyze estimated market values provided within Evaluation products, as well as appraisals. With just a few clicks to designate criteria, the fully extensible and easily configurable tool scans relevant public records data for traditional indicators of fraud, while providing enhanced insight into the buyer-seller relationship.
This comprehensive solution is used for defense against buy back demands, for appraisal review, quality control and general property review and provides wide-scale value for lenders, investors and banks to AMCs and Compliance Agencies.
Collateral Expert is processed as of the current date and includes interactive mapping capabilities and specific and critical details about:
- Nearby closed, open and pending sales
- Nearby listings
- Neighborhood trends
- County assessor data
- Property occupancy
- Local market trends
- Foreclosure activity
- Subject property market analysis
- Transaction history, including transfer and deed types
Collateral Expert Retro is processed as of a retrospective date, such as the appraisal date, and provides unmatched retrospective property data. Collateral Expert Retro includes interactive mapping capabilities and specific and critical details about:
- Past nearby closed and pending sales
- Past nearby listings
- Retrospective neighborhood trends
- Past county assessor data
- Retrospective local market trends
- Past foreclosure activity
- Retrospective transaction history, including transfer and deed types
Collateral Expert is easy to integrate into any existing platform, providing workflow ease and efficiency while surfacing a robust and transparent view of the subject property and its local market.