Lender Process Outsourcing
According to Reserve Bank of India data, the total volume of loans outstanding on account of housing in 2009 accounted for a whopping 5.7% of the GDP of the country. And this figure will continue to grow as India becomes more affluent and the needs of housing continue to be addressed at different levels.
Banks and financial institutions need a robust system that will assess the creditworthiness of the buyer, ascertain the valuation of the property and monitor the loan once it is disbursed. Technology plays a business-critical role in supporting the volume and complexity of operations, by providing the workforce with productivity tools that lowering the cost of service while enhancing customer satisfaction.
Into this area, CoreLogic, brings its proven and world class hosted application platforms to help provide a significant advantage to the Indian mortgage and real estate industry through productivity enhancement and cost saving.
CoreLogic, provides business critical services in the lifecycle of a home loan. This includes: