DataQuick Expands Standard Recorder Layout

Posted by Patrick Barnard on December 11, 2013 No Comments
Categories : FYI

San Diego-based real estate solutions provider DataQuick has expanded its standard recorder layout to create a custom bundle devoted specifically to key loan transaction intelligence.

According to DataQuick, the expanded loan transaction record is fully integrated with its national property database, resulting in a comprehensive view of transactions and properties to help drive business-critical decisions.

The company says the expanded loan transaction record helps give originators better insight on interest rates to identify potential new customers and fuel demand generation campaigns.

DataQuick reports that the record provides servicers access to additional information for properties in their portfolios in order to gain a more complete picture of overall risk and opportunity. The expanded record also helps investors develop more predictive prepayment, default and loss given default models, the company notes.

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