Overview
The Voluntary Lien analysis module uses CoreLogic’s expansive recordation dataset and algorithms to assess all mortgage liens recorded on the property.
Reviewing the Voluntary Lien dashboard
Portfolio Count: Total assets/properties successfully loaded for the selected portfolio.
Client lien in 1st Position: Total count of liens in 1st position
Client lien in 2nd Position: Total count of liens in 2nd position
Client lien released: Total count of liens that have been identified as released
Lien Position and Confidence Score: Estimates the lien position (e.g., 1st, 2nd) and provides a confidence score for that estimate based on available data.
Note: Based on data availability, a confidence score reflects the assessed lien position. More data leads to a higher score, while less data results in a lower score.
Valuation: Provides valuation bands for all successfully loaded assets/properties.
Equity: Calculated equity values using CoreLogic Automated Valuation Models (AVMs)
Equity (Positive & Negative): Provides another view of the breakdown of calculated equity values from Cotality's Automated Valuation Models (AVMs), showing positive and negative values.
Sr Lien: Identifies the senior lien holder.
Lien Position Check: Validates your lien’s position against Cotality's data.
Senior Lien Credit Status: Tracks the payment condition of the primary mortgage on a property.