Client Communication

New Products, New Updates and New Visualizations

March 2023

Highlights:

  • Four new nationwide products: Solar Contracts, Judgements, Parcel Point Domain, MLS Marketing Analytics

  • New Climate Risk Analytics Evaluations (Miami Dade/Los Angeles) This product is currently evaluation only.

  • MLS Marketing Analytics also available in weekly updates

  • New Visualizations for Total Home Valuex: available for Marketing, Consumer, Origination and Risk Management functions

New Products

Solar Contracts - V1- DS127 - Nationwide

Solar Contracts captures recorded solar agreements for both solar power purchase agreements (PPA’s) and solar leases.

For both PPA’s and solar leases, the homeowner does not own the solar panels and will make monthly payments for the services in which the solar panels provide. Panels are installed, owned and operated by a third party. Notices of licensing and termination are filed with the county recorder, and these are delivered as the lien and lien release for the solar energy contract. Solar Contracts data does not deliver data from agreements in which the solar panels are purchased and financed by the homeowner.

Solar Contracts can be used to identify parcels where solar economics are favorable (cost of construction vs. existing utility rates), and to identify neighborhoods in which Property Solar Panel systems are underutilized.

Judgments - V1- DS128 - Nationwide

Judgments delivers nationwide recorded records from legal judgment documents. Judgments are the result of a debt collection lawsuit in which a judge may award the creditor/debt collector a financial judgment against the debtor. A judgment imposes a personal liability or obligation upon a person or group to another. Judgments are used by financial institutions for risk mitigation activities and lead qualification purposes.

Parcel Point Domain - V1 - DS93 - Nationwide

Parcel Point Domain is a spatial database made up of parcel polygons (boundaries) and point features used to describe a property location. CoreLogic maintains Location and Boundary Data for over 3,000 counties nationwide. Parcel Point Domain is used by researchers, investors, and real estate professionals to accurately locate parcel boundaries and view characteristics unique to each property. 

MLS Market Analytics – V1 - DS137 - Nationwide, monthly

MLS Market Analytics delivers data groupings from CoreLogic’s MLS Listings product specifically for Closed MLS Listings for properties that were for sale (not for rent). Generally, this data is ordered as a companion file to Mortgage Market Analytics. MLS Market Analytics are used by clients for internal market analysis.

New - Evaluation Only (Limited Access)

Climate Risk Analytics Evaluations (Miami-Dade/Los Angeles) - DS122 - One time load

CoreLogic’s natural catastrophe risk models (used for Climate Risk Analytics) combine our proprietary datasets and models into a comprehensive single score that incorporates the following hazards: Earthquake, Wildfire, Inland Flood, Severe Convective Storm, Winter Storm, Hurricane/Tropical Storm Surge and Hurricane/Tropical Storm Wind. The CoreLogic Composite Risk Score (CRS), scaled 1-100, represents the sum of the Average Annual Loss (AAL), relative to the calculated Reconstruction Cost Value (RCV), for these hazards, for approximately 135 million residential and 40 million non-residential parcels or structures across the U.S.

CoreLogic’s Climate Risk Analytics product uses catastrophe modeling optimized for Climate Risk scenarios. These scenarios, prescribed by the Intergovernmental Panel on Climate Change (IPCC), model out Representative Concentration Pathway scenarios (2.6, 4.5 & 8.5) for all years suggested (Base, 2030, 2040 and 2050). The result is climate risk metrics for each RCP scenario, down to the individual property level. These metrics incorporate IPCC scenarios overlaid with CoreLogic’s proprietary suite of hazard risk data & analytics and catastrophe models. The CRS also provides probabilistic modeling outputs at highly granular asset locations, providing peril Probable Maximum Loss (PML) outputs across multiple (50/100/250/500 year) time horizons, reflecting the financial impacts/materiality of potential hazard and/or climate events.

Climate Risk Analytics is used by government and commercial clients to identify, score, and disclose property risk scores across the United States.

Products Now Updated Weekly

MLS Market Analytics – V1 - DS137nw

MLS Market Analytics delivers nationwide listings of Closed “for sale” properties.

New Visualizations

Total Home Valuex - Marketing - V1 - DS135

Total Home Valuex - Marketing delivers state-of-the-art valuations with the highest hit-rate for marketing uses.

Total Home Valuex – Consumer - V1 – DS133nm

Total Home Valuex Consumer delivers state-of-the-art valuations with highest hit-rate for consumer websites.

Total Home Valuex - Originations - V1 - DS126nm

Total Home Valuex Originations delivers state-of-the-art valuations with highest accuracy for loan underwriting.

Total Home Valuex - Risk Management – V1 – DS116

Total Home Valuex Risk Management delivers state-of-the-art valuations with highest accuracy and hit rate.