CORELOGIC SOLUTIONS, LLC Patent applications |
Patent application number | Title | Published |
20160055595 | SYSTEMS AND METHOD FOR QUANTIFYING FLOOD RISK - In various embodiments, a flood risk score may be determined for a property point that provides a comprehensive assessment of the property point's risk of flooding. Determining the flood risk score may include determining a flood risk characteristic for the property point and assigning a flood risk score that corresponds to the flood risk characteristic. In some embodiments, flood risk characteristics may include a difference in elevation between the elevation of the property point and an elevation of a calculated point (e.g., on a known flood risk zone boundary). Flood risk characteristics may also include a flood zone determination for the property point and/or proximity of the property point to a known flood risk zone boundary or a flood source. In some embodiments, flood risk scores may be provided on flood risk score reports. | 02-25-2016 |
20160035051 | METHOD AND APPARATUS FOR VALIDATING AN APPRAISAL REPORT AND PROVIDING AN APPRAISAL SCORE - A computer-based method for validating an appraisal report includes receiving appraisal data for a property, receiving property data for the property, verifying the appraisal data meets an appraisal guideline, providing a list of appraisal items that are present in the appraisal data, providing a medium discrepancy amount and a high discrepancy amount for the list of appraisal items, calculating a difference amount between the appraisal data and the property data for each appraisal item, and comparing the difference amount to the medium discrepancy amount and the high discrepancy amount. | 02-04-2016 |
20150254790 | SYSTEMS AND METHODS FOR TRACKING PARCEL DATA ACQUISITION - In some embodiments, scripts may be used to perform parcel data acquisition, conversion, and clean-up/repair in an automated manner and/or through graphical user interfaces. The scripts may be used, for example, to repair geometries of new parcel data, convert multi-part parcel geometries to single part parcel geometries (explode), eliminate duplicate parcel geometries, append columns, create feature classes, and append feature classes. These scripts may be executed in a predetermined manner to increase efficiency. In some embodiments, different combinations of attributes may be appended to stored parcel data. In some embodiments, a tracking application may be used to track information about sources of data. In some embodiments, a tracking application may be used to track which system users are assigned to specific tasks (e.g., in a data acquisition project). | 09-10-2015 |
20150227986 | METHOD AND APPARATUS FOR SPATIOTEMPORAL VALUATION OF REAL ESTATE - A method and apparatus for valuing every property in a predetermined geographic region at regular intervals and storing those valuations for ready access later in a layered data stratum, using customary sources of property valuation data to create a new layers of the data stratum and using the data stored in the one or more layers of the data stratum for the creation of tables, spreadsheets and maps for evaluations of changes and trends in property valuation. | 08-13-2015 |
20150221050 | METHOD AND APPARATUS FOR VALIDATING AN APPRAISAL REPORT AND PROVIDING AN APPRAISAL SCORE - A computer-based method for validating an appraisal report includes receiving appraisal data for a property, receiving property data for the property, verifying the appraisal data meets an appraisal guideline, providing a list of appraisal items that are present in the appraisal data, providing a medium discrepancy amount and a high discrepancy amount for the list of appraisal items, calculating a difference amount between the appraisal data and the property data for each appraisal item, and comparing the difference amount to the medium discrepancy amount and the high discrepancy amount. | 08-06-2015 |
20150178827 | COMPUTER MODELING OF PROPERY TAX DELINQUENCY RISK - A computer model of tax delinquency risk is generated by analyzing historical data, including mortgage loan data, associated with real estate properties that have become property tax delinquent. The model is used to generate property-specific scores representing the likelihood that the corresponding properties will become tax delinquent (absent lender or servicer intervention) within a selected time period, such as six months. The scores may, for example, be used by a mortgage lender or servicer to identify loans/properties for which to take preemptive action to avoid tax delinquency. | 06-25-2015 |
20150112874 | METHOD AND SYSTEM FOR PERFORMING OWNER ASSOCIATION ANALYTICS - Computer-based processes are disclosed for mining and analyzing owner association (OA) data associated with a plurality of real estate properties and generating an OA amount model that can be used to estimate OA amounts for a subject property. The OA data may also be analyzed to identify OA ratings, OA recommendations, OA delinquency actions, OA contacts information, OA services information, etc. The disclosed processes can also use the generated OA amount model to identify OA amount trends, and determine valuations and investment metrics for real estate properties. | 04-23-2015 |
20150095211 | SYSTEM AND METHOD FOR PROVIDING LOAN ANALYTICS TO CUSTOMERS - Systems and methods are disclosed that can enable a user to search for real estate properties by specifying search criteria that may exclude personal information. The systems and methods then can subsequently conduct a search for real estate property listings based partly on the specified search criteria and access loans associated with the matched properties. The system and methods then can perform analysis of the loans to identify loan and consumer characteristics and generate an electronic report that includes a representation of the loan and consumer characteristics. | 04-02-2015 |
20150088886 | SYSTEM AND METHOD FOR ENHANCING THE NORMALIZATION OF PARCEL DATA - System and methods are disclosed that attempt to verify data related to a parcel against mapping and addressing data. If the data cannot be verified, then an enhanced normalization process may be performed. The enhanced normalization process may attempt to group the parcel with some other parcels based on parcel characteristics. If the grouping is successful, then normalization may be performed on the grouping. Normalization may involve checking whether the grouping satisfies a set of grouping criteria. | 03-26-2015 |
20150074018 | METHOD AND SYSTEM FOR AUTOMATICALLY IDENTIFYING TAX AGENCIES FOR REAL ESTATE PROPERTIES - Computer-based systems and methods are disclosed for automatically identifying taxes for real estate properties. The systems and methods can automatically identify the tax agency and/or tax identifier for real estate properties without substantial user interaction. In some embodiments, the systems and methods can automatically identify the real estate property and/or parcel based at least in part on received tax information without substantial user interaction. A confidence score and/or error rate may also be calculated based on one or more business rules to provide information about the relative error rate in any of the identifications provided. | 03-12-2015 |
20150066738 | SYSTEM AMD METHOD FOR DETECTING SHORT SALE FRAUD - Computer-based systems and methods are disclosed for modeling and predicting short sale fraud risks for short sale transactions related to real estate properties. In some embodiments, the systems and methods can predict short sale fraud risks for real estate properties by considering a variety of factors, including AVM analytics characteristics, relationship analysis characteristics, and/or marketing analysis characteristics. | 03-05-2015 |
20150026035 | DATA ANALYTICS MODEL FOR LOAN TREATMENT - Data analytics are provided in loan treatment. Various sources of data may be used to optimize or predict value for a loan. Using machine-learning and/or statistical analysis, loans or treatment best suited for a particular borrower may be determined. Due to the large amounts of data available, borrower behavior may be learned from previous behavior of others and mapped to a predictive model. Machine-learning indicates the most relevant factors in loan treatment, providing a matrix for predicting loan value or treatment success. A given borrower may be classified into one of many classes of borrower based on credit information, property information, desired loan information, real estate market information, and/or other data. Tens, hundreds, or even thousands of variables may be used to predict the optimum treatment. | 01-22-2015 |
20150019262 | METHOD AND SYSTEM FOR GENERATING A FLASH FLOOD RISK SCORE - Computer-based systems and methods are disclosed for modeling and predicting flash flood risks for real estate properties. In some embodiments, the systems and methods can predict flash flood risks for real estate properties by considering a variety of factors, including watershed hydrology characteristics, land surface characteristics, meteorological characteristics, and/or property characteristics. In some embodiments, the systems and methods can improve determination of investment metrics or automated valuations by considering flash flood risks in determining the investment metrics or automated valuations. | 01-15-2015 |
20140257924 | AUTOMATED RENTAL AMOUNT MODELING AND PREDICTION - Disclosed systems and methods can determine predicted rental income, estimated error of the prediction, and a set of comparable rental real estate properties for use in the valuation of a subject real estate property rental value. In one embodiment, the rent prediction system receives rental information about real-estate properties, determines feature characteristics, trains a rent amount prediction model using the feature characteristics, determines a second set of feature characteristics based on the output of the rent amount prediction model, and trains an error prediction model using the determined second set of feature characteristics. Using the trained models, the systems and method may predict a rental value and prediction error for one or more subject properties. | 09-11-2014 |
20140188740 | SYSTEMS AND METHODS FOR TRACKING PARCEL DATA ACQUISITION - In some embodiments, scripts may be used to perform parcel data acquisition, conversion, and clean-up/repair in an automated manner and/or through graphical user interfaces. The scripts may be used, for example, to repair geometries of new parcel data, convert multi-part parcel geometries to single part parcel geometries (explode), eliminate duplicate parcel geometries, append columns, create feature classes, and append feature classes. These scripts may be executed in a predetermined manner to increase efficiency. In some embodiments, different combinations of attributes may be appended to stored parcel data. In some embodiments, a tracking application may be used to track information about sources of data. In some embodiments, a tracking application may be used to track which system users are assigned to specific tasks (e.g., in a data acquisition project). | 07-03-2014 |
20140164260 | SYSTEMS AND METHODS FOR SELECTING COMPARABLE REAL ESTATE PROPERTIES - Embodiments of systems and methods can determine comparable real estate properties for use in the valuation of a subject real estate property. For example, a geographic area surrounding the subject property can be divided into smaller regions and a set of one or more regions having property characteristics that most closely match the characteristics of the subject property can be identified. Comparable properties can be selected from this set of regions rather than from the overall geographic area as a whole, which may lead to identifying better-matching comparable properties as compared to selecting comparable properties from the overall geographic area (which generally will include regions that are poor matches to the subject property). | 06-12-2014 |
20140156316 | DISPLAYING A FLOOD CHANGE MAP WITH CHANGE DESIGNATORS - In various embodiments, old flood maps may be compared to new flood maps to determine which areas of the flood map have changed. These changed areas may be correlated against geographic area descriptions that are within changed areas of the flood map. The changed areas may also be analyzed to determine whether each area has had a change in. status (e.g., from a high risk flood zone to a non-high risk flood zone or vice versa) or a change in zone within a status (e.g., from one flood zone to another flood zone). The information on type of change (or no change) may be used to populate a database that includes geographic area description identifiers. In some embodiments, detection of certain types of changes may initiate a manual comparison of the old and new flood maps to verify the change. | 06-05-2014 |
20140143134 | SYSTEM AND METHOD OF DETECTING AND ASSESSING MULTIPLE TYPES OF RISKS RELATED TO MORTGAGE LENDING - Embodiments include systems and methods of detecting and assessing multiple types of risks related to mortgage lending. One embodiment includes a system and method of detecting and assessing risks including fraud risks, early payment default risks, and risks related to fraudulently stated income on loan applications. One embodiment includes a computerized method that includes creating a combined risk detection model based on a plurality of risk detection models and using the combined risk detection model to evaluate loan application data and generate a combined risk score that takes into account interaction of different types of risks individually and collectively detected by the plurality of risk detection models. | 05-22-2014 |
20140101029 | METHOD AND APPARATUS FOR DETECTING FRAUDULENT LOANS - The present invention relates to a method and apparatus for detecting fraudulent activity by preventing the rapid funding of multiple loans on the same property, by providing a collective database where real estate property information is examined and the apparatus detects whether at least two mortgage applications are using the same property as collateral. | 04-10-2014 |
20140095378 | SYSTEM FOR APPLYING QUALITY CONTROL TESTS TO TRANSACTION DATASETS - An electronic closing platform facilitates provision of a variety of closing services for lenders, closing agents, borrowers or other parties to closing transactions. Electronic quality control procedures are invoked for closing data and documents whether they are in electronic or paper form. The platform is independently accessible and therefore accommodates data sharing between mortgage industry participants. Electronic signature capabilities, including a batch signing functionality, and tamper evident sealing after signing accommodate improved processing and system integrity. Additional features include registry filing, an electronic vault for storing electronic documents, and electronic recording. | 04-03-2014 |
20140074791 | SYSTEMS AND METHODS FOR TRACKING PARCEL DATA ACQUISITION - In some embodiments, scripts may be used to perform parcel data acquisition, conversion, and clean-up/repair in an automated manner and/or through graphical user interfaces. The scripts may be used, for example, to repair geometries of new parcel data, convert multi-part parcel geometries to single part parcel geometries (explode), eliminate duplicate parcel geometries, append columns, create feature classes, and append feature classes. These scripts may be executed in a predetermined manner to increase efficiency. In some embodiments, different combinations of attributes may be appended to stored parcel data. In some embodiments, a tracking application may be used to track information about sources of data. In some embodiments, a tracking application may be used to track which system users are assigned to specific tasks (e.g., in a data acquisition project). | 03-13-2014 |
20140025562 | ENHANCED CREDIT REPORTING SYSTEM, METHOD AND COMPUTER PROGRAM PRODUCT - A system, method and computer program product cooperate to gather and report information relevant to a consumer's credit that is not typically reported on a credit report from one of the major credit bureaus. By accessing other databases regarding borrower specific financially relevant information (e.g., judgments, liens, rental payment compliance, alternative credit transactions, etc.), enhanced data is available for making better lending decisions. Removal of transactions that would prevent compliance with the Fair Credit Reporting Act is performed, as well as removal of transactions that are erroneous for a particular consumer or include information that are not associated with that particular consumer. | 01-23-2014 |
20140025548 | AUTOMATED ANOMALY DETECTION FOR REAL ESTATE TRANSACTIONS - Processes are disclosed for assessing a risk of fraud associated with a property, such as for specific transactions associated with the property. For instance, processes are described for assessing a risk of fraud associated with publicly recorded documents describing transactions associated with real estate properties. In one embodiment, a process accesses appropriate data (e.g., aggregated loan data, aggregated property data such as property transaction history data, etc.) and processes the data to determine whether one or more triggering conditions are met. The triggering conditions are indicative of an elevated risk of fraud with respect to a transaction such as a publicly recorded lien release. | 01-23-2014 |
20140019318 | AUTOMATED QUALITY CONTROL ASSESSMENTS OF DATASETS ASSOCIATED WITH REAL ESTATE TRANSACTIONS - A computer-based system assesses whether documents are accurate and sufficient to support various transactions. In one aspect, a document manifest is provided in connection with quality control results and corresponding reports. The document manifest lists documents that are required for a particular transaction. The list may also be associated with document publication pursuant to the transaction. The document publication aspect allows dataset quality control procedures to be associated with documents published for a transaction. This aspect also allows confirmation that the appropriate version of the published set of documents is or was used for the transaction. | 01-16-2014 |
20130346151 | SYSTEMS AND METHODS FOR AUTOMATED VALUATION OF REAL ESTATE DEVELOPMENTS - Examples of systems and methods for determining automated valuations of real estate developments are disclosed. In various embodiments, the systems and methods can receive information on properties that are to be constructed in the development. The systems and methods can use automated valuation models (AVMs) to calculate valuations for the properties and to determine a valuation for the development based at least partly on the AVM valuations. In some implementations, the systems and methods can forecast market demand for the properties and generate a sales timeline for projected sales of the properties. The systems and methods can be used to value residential, commercial, or mixed-use real estate developments. | 12-26-2013 |
20130282596 | SYSTEMS AND METHODS FOR EVALUATING PROPERTY VALUATIONS - Systems and methods are disclosed for evaluating a property valuation. In some implementations, market information and transactional information for a group of properties is accessed. The market information can include property-specific factors, locational factors, and market sales factors. The transactional information can include exogenous factors that can influence a property evaluator. Statistical information relating to the market values of the properties and the property valuations can be calculated. An estimate of the degree of certainty for a property valuation can be determined based at least partly on the calculated statistical information. | 10-24-2013 |
20130254096 | AUTOMATED MINING AND PROCESSING OF DATA ASSOCIATED WITH REAL ESTATE - Computer-based processes are disclosed for efficiently mining and analyzing information associated with particular mortgage loans, borrowers and properties. The disclosed processes use property-related data aggregated from multiple sources and jurisdictions to, among other tasks, identify properties owned by an individual. | 09-26-2013 |
20130246287 | METHOD AND APPARATUS FOR TESTING AUTOMATED VALUATION MODELS - A method and apparatus for real time testing of automated valuation using various indicators of accuracy. These indicators are then weighted according to their value as indicators of accuracy using individualized weighting factors or an equation. A ranking is then computed based upon the factors and their weights. This method is preformed continuously, so as to achieve real-time or periodically updated automated valuation model accuracy rankings. | 09-19-2013 |
20130144798 | METHOD AND APPARATUS FOR VALUING PROPERTY - A method and apparatus for valuing every property in a predetermined geographic region at regular intervals and storing those valuations for ready access later in a layered data stratum, using customary sources of property valuation data to create a new layers of the data stratum and using the data stored in the one or more layers of the data stratum for the creation of tables, spreadsheets and maps for evaluations of changes and trends in property valuation. | 06-06-2013 |
20130073319 | APPARATUS, METHOD AND COMPUTER PROGRAM PRODUCT FOR DETERMINING COMPOSITE HAZARD INDEX - An apparatus, method and computer program storage device determine a composite hazard index. An interface receives a first risk score for a first hazard and a second risk score for a second hazard. The first risk score is in a first range of scores and the second risk score is in a second range of scores. A processing circuit emphasizes at least some scores in at least one of the first range of scores and the second range of scores. The processing circuit also normalizes the first risk score with respect to the first range of scores and second range of scores, and normalizes the second risk score with respect to the first range of scores and second range of scores. The processing circuit also combines a normalized first risk score with a normalized second risk score to form at least a component of a composite risk index. The first risk score and second risk score being specific to a common property. | 03-21-2013 |
20120259550 | SYSTEMS AND METHODS FOR FLOOD RISK ASSESSMENT - In various embodiments, points from flood maps (e.g., geospatial flood risk zoning maps) may be used in generating a flood frequency versus flood elevation curve for reducing the uncertainty in the flood risk assessment. In some embodiments, geospatial flood elevation lines for flood elevation lines at different flood frequency levels may be defined based on elevation datasets where there are inconsistencies between the elevation datasets and flood maps that were generated. The flood frequency versus flood loss curve may be derived based on the computed flood frequency versus flood elevation curve, digital elevation datasets, and collected damage curve. In some embodiments, the flood risk rating may also be derived and a flood risk assessment report may be generated. | 10-11-2012 |