CoreLogic introduced its LoanSafe Explorer™ service, the newest addition to its LoanSafe® fraud and risk mitigation suite. It can assist lenders and servicers to get a more accurate picture of their fraud risk by taking a macro-level view of their organization to help spot possible fraud trends that might be missed when only looking at individual loans. Currently, fraud and risk mitigation detection efforts are focused at the loan level.

This allows lenders and servicers to spot many instances of fraud, but certain anomalies and patterns may not be easily detectable at this granular level. LoanSafe Explorer changes the way fraud is detected by leveraging a lender's data, combined with proprietary pattern recognition techniques, to provide a macro-level view of fraud risk. LoanSafe Explorer delivers insight into risk via a user-friendly dashboard within the LoanSafe® Connect platform.