Chapter 17: Property Data & Analytics
IN THIS LESSON
Commonly utilized property data elements
Public-Record Lien Data Appends: Includes the following data elements for each submitted property in spreadsheet format, when available:
Last Property Purchase Date
Last Property Purchase Price
First Mortgage Date
First Mortgage Amount
First Mortgage Rate Type
First Mortgage Interest Rate
First Mortgage Loan Type
Estimated First Mortgage Balance
Second Mortgage Date
Second Mortgage Amount
Second Mortgage Rate Type
Second Mortgage Interest Rate
Second Mortgage Loan Type
First Lien Lender Name
Second Lien Lender Name
Estimated Second Mortgage Balance
Estimated LTV (only available with the purchase of AVM)
Estimated CLTV (only available with the purchase of AVM)
Owner Occupancy Flag
Tax Bill Mailing Address
Listing Agent's Name
Listing Agent's Phone Number
Listing Agent's Email Address
Last List Price
Use Case
How a bank used Equifax public record data to perform opportunity sizing on their existing portfolio.
The bank sent their portfolio, including all customers (auto, card, etc.), and requested information on which customers opened a new mortgage in the past 12 months. Equifax identified this information by reviewing its public record data to determine if a newly recorded lien or change of ownership instrument was recorded against the property within the specified timeframes.
Equifax provided new lender information, terms, and loan rates for customers who refinanced their loans. This information allowed the bank to understand their portfolio attrition to help them better identify new solutions for their existing and prospective customers.