Dynamic Insight into Valuation and Risk Management

CoreLogic® RealQuest® is a never-ending property and ownership search engine that minimizes cost, increases productivity and guides you toward sound decisions. It provides professional organizations with an all-encompassing array of reports, mapping solutions, analytics and delivery options.

OVERVIEW AND CAPABILITIES ► Foreclosure Reporting ► Investment Scoring ► Property Valuations ► Default Analytics ► Risk Mitigation

The industry standard in property data and analytics. Rigorous Information Standards RealQuest® Professional draws from the nation’s largest, most accurate database, covering more than 3,085 counties and representing 97 percent of all U.S. real estate transactions. Updated daily, our database is gathered from more than 10,000 government and proprietary sources. We obtain property records, tax assessments, property characteristics, and parcel maps from tax assessors and county recorders offices across the nation. This information is combined with flood, demographics, crime, maps and property visuals, document images, trending data and other information to round out a complete picture. ►

145+ million total properties, including residential, agricultural, vacant land and more

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25 million commercial properties — including 5.7 million representing office, retail, multifamily, industrial, lodging, etc.

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3+ billion document images

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500+ million historical transactions

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50+ million active mortgages

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4.5+ million new transaction records per month

Search Tools Dynamic Functionality. Clear Visuals. Whether you want to know about a specific parcel, view a targeted list of properties, or get a broader market view, RealQuest Professional makes your task fast and easy. Search by address, property type, owner name, assessor’s parcel number (APN), building characteristics, sales price, or assessed value. Each option allows you to use the wild card and range searching function to expand or refine your results. Additionally, RealQuest Professional lets you dig deeply into our database by offering more than 90 custom search criteria that hone in on the exact information you’re after The robust map search tool provides a unique viewpoint for any property by combining real estate information with mapping and parcel boundary layers. By integrating Bing™ Maps technology, RealQuest Professional gives you a clear view of the property and its surrounding area. ►

Filter by property type, characteristics, year built, sale price, mortgage information, ownership and more

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View property and comparable property locations; zoom in for a bird’s eye views

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Define the neighborhood of interest by custom area polygon, rectangle or radius

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Measure the acreage of an area

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Link directly from a map to property reports, AVMs and other analytics

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Search by cross streets when you don’t know the exact address

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Research and build lists for notifications and other service announcements

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Locate vacant land or properties adjacent to features such as railroad lines or interstates and access the property’s information

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Select an area, choose from a variety of property information tags including owner name, assessor parcel number, bedrooms/bathrooms, lot area and more, then watch the information visually display on the map

Detailed Reports Flexible Searching. Dependable Results. RealQuest Professional provides flexible access to a specific property or broader market view from a single search request. Its all-encompassing array of functions and reports includes: ►

Property Detail

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Foreclosure Activity

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Comparables

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Distressed Property Valuation

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Transaction History

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Individual AVMs and Cascades

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Voluntary Liens

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Borrower-Risk Analytics

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Transaction Document Images

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Current Loan-to-Value Ratio

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Legal & Vesting

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Fraud Detection Solutions

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Neighborhood and Demographic Insight

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Collateral-Risk Analytics

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Loan Lead Validation

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Investment Scoring

For Property Located At

123 MAIN STREET, ANYTOWN, USA 12345-0034 TRANSACTION HISTORY History Record #: Sale: Sale Recording Date: Sale Date: Rec. Document #: 123 MAIN ST, ANYTOWN USA 12345-0000 Document Type: Title Company: Owner Information: Buyer: Owner Name: XYZ HOLDING COMPANY LLC Seller: Mailing Address: 64 POPPY LN ANYTOWN USA 12345-0000 Finance: Phone Number: Vesting Codes: / / CO Mtg Recording Date: Principal Corp Name: XYZ HOLDING CO LLC Principal Title: CEO Mtg Document #: Principal First Name: JOHN Principal Last Name: SMITH Document Type: Location Information: Lender: Legal Description: TRACT # 0000 LOT 000 Loan Amount: County: LOS ANGELES, CA APN: 0000-000-000 Borrower 1: Census Tract / Block: 0000.00 / 0 Alternate APN: Borrower 2: Township-Range-Sect: Subdivision: 00000 Borrower 3: Legal Book/Page: Map Reference: 0-X0 / 000-X0 Borrower 4: Legal Lot: 000 Tract #: 00000 Legal Block: School District: LOS ANGELES UNIF History Record #: Munic/Township: Market Area: Sale: Neighbor Code: Sale Recording Date: Owner Transfer Information: Sale Date: Recording/Sale Date: / Deed Type: Rec. Document #: Sale Price: 1st Mtg Document #: Document Type: Document #: Title Company: Last Market Sale Information: Buyer: Recording/Sale Date: 08/08/2006 / 05/22/2006 1st Mtg Amount/Type: $725,000 / Seller: CONV Sale Price: $1,625,000 1st Mtg Int. Rate/Type: / Sale Type: FULL 1st Mtg Document #: 0000000 History Record #: Document #: 0000000 2nd Mtg Amount/Type: / Sale: Deed Type: GRANT DEED 2nd Mtg Int. Rate/Type: / Sale Recording Date: Transfer Document #: Price Per SqFt: $344.71 Sale Date: New Construction: Multi/Split Sale: MULTI Rec. Document #: Title Company: YOUR TITLE CO Document Type: Lender: STANDARD INS Title Company: Seller Name: BROWN JEROME TRUST Buyer: Prior Sale Information: Seller: Prior Rec/Sale Date: 08/17/2004 / 07/01/2004 Prior Lender: CNL COM’L FIN INC Prior Sale Price: Prior 1st Mtg Amt/Type: $1,035,000 / CONV Prior Doc Number: 0000000 Prior 1st Mtg Rate/Type: / ADJ Prior Deed Type: GRANT DEED

Property Detail Report For Property Located At

Property Characteristics: Year Built / Eff:

1983 / 1983

Gross Area: Building Area:

4,714 4,714

Total Rooms/Offices: Total Restrooms: Roof Type:

Garage Area:

Tot Adj Area:

Roof Material:

Above Grade: 2.00 # of Stories: Other Improvements:

Construction: Foundation: Exterior wall: Basement Area:

Garage Capacity: Parking Spaces: ROLL Heat Type: COMPOSITION FRAME Air Cond: CONCRETE Pool: STUCCO Quality: Condition:

9 CENTRAL CENTRAL GOOD GOOD

Site Information: Zoning:

LACR

Acres:

0.14

County Use:

Flood Zone: Flood Panel: Flood Panel Date:

X 0000000000X 05/04/1999 OFFICE BUILDING

Lot Area: Lot Width/Depth: Commercial Units:

5,998 x

State Use: Site Influence: Sewer Type:

Land Use:

Building Class:

OFFICE BLDG (1700)

Water Type:

Tax Information: Total Value: Land Value: Improvement Value: Total Taxable Value:

$1,657,500 $994,500 $663,000 $1,657,500

Assessed Year: Improve %: Tax Year:

2008 040% 2008

Property Tax: Tax Area: Tax Exemption:

$20,173.32 XX

1 09/17/2004 08/30/2004 3844X-000 WARRANTY DEED ATTORNEY ONLY WHITE KIM SAMPLE JOHN Q 09/17/2004 3844X-000 SECURITY DEED COLLINS BANK $220,500 WHITE KIM

Sale Price: Sale Price Type: Multi/Split Sale: Other Document #:

$245,000

Mtg Loan Type: Mtg Rate Type:

CONV FIXED

Mtg Term: Mtg Rate: Borrower Vesting:

30 YEARS

Sale Price: Sale Price Type: Multi/Split Sale: Other Document #:

$85,000

//

2 09/04/2003 08/11/2003 3587X-000 LIMITED WARRANTY DEED ATTORNEY ONLY SAMPLE JOHN Q MONEY USA 3 05/21/2003 05/06/2003 3500X-000 SPECIAL WARRANTY DEED ATTORNEY ONLY MONEY USA MARTINEZ ENRIQUE

Sale Price: Sale Price Type: Multi/Split Sale: Other Document #:

Data+Analytics=Knowledge Foreclosure Reporting & Valuation Locate distressed properties and markets through RealQuest Professional’s foreclosure flags and reporting. RealQuest Professional returns foreclosure information on any property search and also lets you search for commercial and residential properties in all stages of the foreclosure process. Once located, RealQuest Professional delivers detailed reports about the most recent foreclosure-related actions. The Foreclosure Activity Report gives you a proactive view into a single or portfolio of properties. Search for and analyze reports using any number of property characteristics. Quickly access foreclosure reports, recorded documents, AVMs and subject property details for a complete situation analysis. ►

Target potentially undervalued or distressed properties for investment purposes

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Establish foreclosure status for loan origination purposes

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Perform due diligence on any number of properties

Investment Scoring If you’re responsible for buying, managing or selling property, HomeStandings™ can provide you with a day’s worth of research, from multiple data sources, in seconds. HomeStandings is the first real estate analytics system to identify the characteristics that make a real estate asset desirable. No other real estate analytics system brings together so many important characteristics into a well-organized, convenient report. HomeStandings can give you an advantage by assisting: ►

Appraisal review teams reconciling AVM, BPO, or appraisal values

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REO asset managers deciding whether to sell or rent properties

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Investors performing due diligence prior to buying properties or distressed asset pools

The easy-to-read report uses a familiar grading system and stoplight color scheme to distinguish between positive and negative outcomes. HomeStandings leads to faster, better decisions that increase efficiency and reduce losses. ►

Identify foreclosure activity

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Determine supply/demand dynamics

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Validate pricing strategies

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Explore rental opportunities

PRICE SUITABILITY COMPONENT

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Analyze net present value (NPV) and internal rate of return (IRR)

Foreclosure Rates

HOMESTANDINGS CARD

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Investigate comparable properties

A

B

C

D

F

A

B

C

D

F

B

C

D

F

Price Relative to Market Default Exposure MARKET CONDITIONS COMPONENT

Sales Pace Inventory Levels Distress Sale Dominance Price Index NEIGHBORHOOD QUALITY COMPONENT A Schools Rating Crime Ratings Rental Occupancy HOMESTANDINGS ANALYSIS INVESTMENT APPROACH ESTIMATED MARKET RENT: $1,710 PER MONTH * Generated from rental comparables in the market At Input Price

Resale Approach Growth Approach

Property Valuation Tools

CoreLogic AVMs ValuePoint®4

PASS®

A fourth-generation AVM that uses appraisal emulation, location, conformal mapping, repeat sales indices, heuristic and patented neural-net technology to yield superior accuracy. An online, real-time AVM that combines property characteristics with appraisal logic and price-time indexing to compute valuations. PASS delivers a high hit rate and strong accuracy.

Home Price Analyzer® (HPA®)

A hybrid AVM that searches from more than 200 million historical residential sales records using three independent methods: property characteristics based, location-based and index-based. HPA delivers superior hit rates.

PowerBASE®6

A hybrid AVM that combines the logic behind PASS and HPA to deliver the best of both—high hit rate and accuracy.

Additional AVMs Available: ►

AVMax

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CASA®

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Home Value Explorer® (HVE)

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i-Val™

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ValueWizard™

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VeroValue™

Valuation Models for Loss MItigation ValuePoint® 4 Default offers AVM ease in a hybrid model specifically designed for distressed properties. It automatically compensates for traditional model valuation limitations, delivering fast, affordable and consistently high reliability on properties with delinquent or defaulted mortgages.

AVM Cascade Solutions To meet the unique client requirements we offer two GeoAVM cascade options: ►

GeoAVM™ Core – a cost-effective cascade delivering a powerful combination of fulfillment rate and high accuracy utilizing four industry leading AVMs developed and maintained by CoreLogic.

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GeoAVM™ Precision – created with interagency guidelines in mind, this cascade offers a level of accuracy designed to meet the unique needs of banks who intend to use an AVM in lieu of an appraisal for a funding decision.

Advantages

GeoAVM Core

GeoAVM Precision

Incorporates CoreLogic leading AVMs Incorporates leading AVMs from other providers Developed based on CoreLogic comprehensive nightly AVM testing approach Cascade rules derived from conditional logic Cascade accuracy requirements established by CoreLogic Cascade accuracy requirements established by client Consideration of interagency guidelines on AVMs and model validation Quarterly Cascade Performance reports Highest fulfillment rate available

The ability to Build Your Own Cascade allows customers that must use their own or a specific third-party AVM to choose from ten valuation models to create a custom cascade and configure the selection order.

Risk Management Solutions Residential mortgage fraud continues to evolve and escalate, requiring lenders, servicers and investors to adopt increasingly advanced detection and decision analytics. The LoanSafe® Risk Manager Suite answers that need, combining three key advantages to deliver industry-best performance: Data, Analytics, Precison. The LoanSafe® Risk Manager Suite is a two-pronged solution that addresses mortgage risk related to collateral valuation and mortgage fraud to deliver the industry’s most comprehensive risk management solution. ►

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LoanSafe® Collateral Manager analyzes property and neighborhood characteristics to determine the early payment default and loss severity risk of each mortgage. The proprietary risk management engine evaluates numerous elements, including multiple relationships and comparisons between property characteristics, pricing and appraisal attributes, geographic conditions, and other key collateral metrics. In addition, LoanSafe Collateral Manager references foreclosure and volatility models to deliver a clear risk picture. LoanSafe® Fraud Manager uses patented predictiveanalytics scoring technology and exposes suspicious mortgage loans at the application stage, enabling you to quickly identify each loan’s fraud risk — prior to funding. The solution draws on the widest array of proprietary and consortium data, creating and applying fraud risk patterns based on historical patterns of fraudulent and legitimate loans to determine the likelihood a loan may result in a frauddriven loss.

REPORT INFORMATION Report Order No.

XX00000000X00000000XXX Property Address

Report Date

Feb 18, 2010 10:40AM

LOAN INFORMATION

Current Address

123 MAIN ST, ANYTOWN, USA 12345 1203 MORSE AVE, SAMPLE TOWN, USA 55121-0000

BORROWER INFORMATION

EMPLOYMENT INFORMATION

Loan Number

0000000000

Pri-Borrower

Marsupial, Mark

Employer

Sample Healthcare

Loan Purpose

Purchase

Pri-Borrower SSN

XXX-XX-0000

Self Employed

N

Broker Code / Name 0000000 / UNMATCHED

Date of Birth

09-24-1962

Mo. Income

$12,353

Occupancy

Primary Residence

First Time Buyer

N

Job Years

3

Doc Type

Full

Credit Score

762

Work Phone

000-000-0000

Estimate

$216,000

Home Phone

000-000-0000

Debt-to-Income

12%

Loan Amount

$171,000

Co-Borrower

—

LTV / CombLTV

95% / 95%

Co-Borrower SSN

—

FRAUD RISK SCORE: 808 STATISTICAL DISTRIBUTION: INCOME FOR BORROWER = 75+

APPRAISAL FOR PROPERTY = 25+ Message

Recommendation

FRAUD SCORE RISK

HIGH

The score indicates that this loan has a high probability of loss due to fraudulent misrepresentation.

Perform comprehensive fraud review to identify potential misrepresentation in the loan file.

OCCUPANCY & UNDISCLOSED DEBT

HIGH

Marsupial, Mark - Occupancy risk: borrower lives out of state

Request proof of occupancy. Compare subject property to current owned properties for inconsistencies in markets and square footage.

HIGH

Work phone is a significant distance from property

Request proof of occupancy. Compare subject property to current owned properties for inconsistencies in markets and square footage.

MEDIUM Marsupial, Mark - Borrower owns one or more properties that may have a higher value or size than the declared owner occupied property

MEDIUM Marsupial, Mark - Occupancy risk: mailing address from

Request proof of occupancy. Compare subject property to current owned properties for inconsistencies in markets and square footage. —

property

INCOME EMPLOYMENT

HIGH

Marsupial, Mark - Borrower professional years inconsistent with borrower income

MEDIUM Marsupial, Mark - Subject property location compare d to

Working in tandem, these solutions minimize collateral risk and maximize fraud detection — an unbeatable combination that reduces losses from early payment defaults and buybacks.

LOAN AMOUNT FOR AREA = 50+

Severity

Perform a manual VOE. Verify that borrower does work for the employer. Perform a reverse directory 411.com search on the employment phone number Request written VOE with explanation.

borrower's employment location is outside normal di stance range Perform verbal VOE.

IDENTITY

MEDIUM Marsupial, Mark - Borrower's name did not match a reverse phone number lookup on their current phone number

MEDIUM Marsupial, Mark - High risk area for fraud and iden tity theft PROPERTY

HIGH

High market foreclosure rate

MEDIUM The appraisal value/estimate is significantly higher than the median value of the nearby sales

MARKET THIRD PARTY

REVIEW COMMENTS

Verify phone number was entered correctly. Perform a reverse look up using an approved third party search tool. — Thorough appraisal review to ensure value is supported. Thorough appraisal review to ensure value is supported. Obtain addendum from appraiser if still questionable.

MEDIUM Borrower is purchasing out of state property

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MEDIUM Property is in a high fraud rate area

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—

—

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The CoreLogic Advantage CoreLogic offers the longevity, financial stability, data and technology you can depend on. Through innovative technology backed by world-class data centers, we continue to find new ways to make your job easier and ensure your success. Contact a representative today and find out how our solutions can provide the keys to greater success and profitability.

corelogic.com © 2011 CoreLogic CORELOGIC, REALQUEST, VALUEPOINT and LOANSAFE are registered trademarks of CoreLogic GEOAVM and HOMESTANDINGS are trademarks of CoreLogic All other trademarks are the property of their respective holders. 2-RQPVRM-1011-00