Member Spotlight

On this page, we highlight what CSPRA members do and how public records play a vital role in the services they provide to individuals, businesses and government.

 

Black Knight Member Spotlight

Who Is Black Knight?

Black Knight (NYSE:BKI) is a leading provider of integrated software, data and analytics solutions that facilitate and automate many of the business processes across the home ownership life cycle. Black Knight’s capabilities and insights, play a vital role in creating and providing significant cost-savings and clarity regarding the important decisions lenders, servicers, agents and homeowners must make for real estate transactions and home ownership.

Their unique combination of data and technology has helped millions of individuals and families find, own and keep one of the most important things in their lives, the place they call home.

Black Knight Leverages Public and Private Data to Deliver Solutions That Help Companies and Consumers Alike

Black Knight’s solutions are utilized by many leading financial services companies that share the same home ownership goals as consumers. Black Knight’s award-winning software, data and analytics solutions drive innovation in the mortgage lending and servicing and real estate industries, as well as the capital and secondary markets. Businesses leverage Black Knight’s robust, integrated solutions across the entire home ownership life cycle to help retain existing customers, gain new customers, mitigate risk and operate more effectively. Through these businesses using Black Knight’s comprehensive data, consumers  benefit from a reliable source of data and information, such as property characteristics, neighborhoods, transactional history, valuations, and other critical information needed to make home ownership decisions. Consumers gain advantages in their efforts to buy and sell homes because our comprehensive property information covers 99.9% of all U.S. property parcels.

Black Knight operates with the single-minded position of being as close to the source of the data as possible, which has led to our leadership in the collection of nationwide property public record data obtained directly from more than 3,000 counties nationwide for more than 155 million properties.

  • Black Knight’s property data provides vital information in the valuation and lending process of homes to help consumers tap into home equity to secure additional loans they may need for important life milestones, like a wedding or college tuition, or increased asset value home improvements, like a kitchen remodel.
  • Black Knight continually looks for ways to enhance and innovate new data solutions to help businesses and consumers alike. For example, in times of crisis our Disaster Alert solution allows lenders and servicers to speed outreach efforts to consumers in a more targeted manner that can accelerate property damage inspections and loan forbearances.

Learn more at www.blackknightinc.com.

You can also email us at DNACustomerCare@bkfs.com or call us at 877.436.3282

 

CoreLogic Member Spotlight

Who Is CoreLogic and What Do They Do?

CoreLogic’s 5,000+ team members share a singular focus: to help millions of people find, buy and protect the homes they love. CoreLogic is a leading provider of high-quality data, analytics and technology. They enable real estate professionals, financial institutions, insurance carriers, government agencies and other housing market participants to help people make their dream of home ownership a reality by providing valuable data and technology.

To do this, CoreLogic collects 99.75% of its data directly from public and private sources (see graphic below). They state:

“Property data is our DNA because we provide access to the nation’s largest property and ownership database. CoreLogic then curates, connects and uniquely enriches it with insightful intelligence from our extensive network of field researchers, analysts and data scientists. They deliver qualified, comprehensive information to participants across the global housing economy through our integrated digital solutions.”

How Does CoreLogic Help the Property Ecosystem?

CoreLogic provides services to help people and companies find, buy, protect, lend, borrow, manage risks and understand the property market. This market intelligence not only supports market fairness and efficiency, but also helps the entire property, construction and building supply industries plan and respond to market trends and needs. It also helps government understand how trends, risks and changes in property assets will affect property taxes or lending guarantees. Urban and regional planners also benefit from knowing trends and market data to manage community growth and aging housing stock.

Providing Insights and Managing Risks

CoreLogic information provides insights and manages risks. For example, CoreLogic issues an annual Hurricane Report which analyzes hurricane and storm surge and wind risk exposure for single-family residences (SFRs) and multifamily residences (MFRs) along the U.S. Gulf and Atlantic Coasts. A recent report showed that nearly 33 million U.S. properties are at risk of hurricane-force wind and 7.8 million for storm surge damage. New York and Miami have most homes at risk of storm surge damage with the highest total reconstruction cost value. Their risk modeling data shows that those nearly 7.8 million homes at risk of hurricane-related damages have more than $2.3 trillion in combined reconstruction cost value (RCV). The report also revealed the nearly 33 million homes with nearly $10.5 trillion in combined RCV are at risk of hurricane-force wind damages. This kind of data helps residents, insurers and governments in the affected areas understand and manage risks better.
Another example is CoreLogic’s Home Price Index (HPI). These monthly reports help track and provide insights on the US housing market. Homes represent many Americans’ most valuable asset.

The Role of Public Records in the Property Ecosystem

It is often said that we live in an information economy. The property ecosystem is highly dependent on accurate and well managed data. Public and private data is used in combination to equalize access to business opportunities, understand markets and property values, provide convenient and personalized customer service, increase markets and market efficiency, manage and reduce risk and contribute substantially to economic growth. CoreLogic is an example of this synergy between public records and private data systems that leads to widespread benefits for society. For families and individuals across the globe, home ownership represents a life-long goal. It is a potent symbol of progress, prosperity and a pathway to a better life. Home ownership is also a powerful engine for national economies as residential property continues to represent a significant and critically important asset class in most developed countries. Through its enhanced property data solutions, services and technologies, CoreLogic enables real estate professionals, financial institutions, insurance carriers, government agencies and other housing market participants to successfully navigate the housing ecosystem.

About CoreLogic
CoreLogic, a leading provider of property insights and solutions, promotes a healthy housing market and thriving communities. For more information, please visit www.corelogic.com.

CORELOGIC, and the CoreLogic logo are trademarks of CoreLogic, Inc. and/or its subsidiaries. All other trademarks are the property of their respective owners.
Media Contact:
Robin Wachner
CoreLogic
newsmedia@corelogic.com