Payoff for Mortgage

Why Payoff?

Payoff helps servicers identify loans in their portfolio that have been paid off due to home sales, payoffs, or refinancing. By providing insights on which lender captured those loans, servicers can better understand their capture rate and take action to strengthen their processes and revise their engagement strategies. Payoff for Mortgage includes:

• Custom match and append records for property status

• Identification of sold, paid off, or refinanced properties

• Insights into the lender capturing the loans

• Re-capture rate analysis.

Key Features

• View top lender per county

• Compare transaction types, loan types and interest rates for each competitor

• View which competitors have captured my leads

• View which leads have disappeared due to natural payoff

• View recapture rate

• View monthly trend over 1 year

Data Sources

For more information on the CoreLogic data products used to create your analytic solution, click on the links below.

Property Property delivers information about parcels, location, ownership, structure, legal status, and more on over 154 million residential & non-residential properties.	Mortgage Market Analytics Mortgage Market Analytics delivers mortgage, sales and owner transfer data including all relevant details to gain a deeper understanding of the mortgage market.	Mortgage Mortgage delivers property mortgage transactions including borrower, lender, NMLS ID & Name and mortgage details covering up to 50 years of mortgage transaction history.	Releases Releases delivers property transactions that represent a mortgage release for a previously open mortgage, providing additional tracking of property mortgage activity.

For a step-by-step walk through of the use case, click on the following link: Payoff for Mortgage - User Experience