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, banks, 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
