CoreLogic's second version of Property Hub will digitize the mortgage approval process and provide trustworthy valuation data. The hub is set to launch in New Zealand and Australia.
The property data, information, analytics and services provider has announced that it will be rolling out the latest iteration of its Property Hub platform “in the coming months”.
The hub leverages property and market insights – including property and suburb reports (such as school zones and suburb demographics) – and enables the ordering, management and tracking of valuations.
Property Hub 2.0, which is designed for the banking and broking industry, aims to digitize the mortgage approval process, “transforming it from a reactive interaction into a seamless and personalized journey for applicants – whilst delivering new levels of transparency and efficiency for brokers and lenders too”.
Billed as an intuitive online platform for lenders and brokers, the new hub combines with a new suite of valuation fulfillment capabilities (ValConnect) and is expected to have “a significant pipeline of investment in innovation and partnerships through 2019”.
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