Mortgage Transaction Data on US Properties

**Overview**
Mortgage delivers property mortgage transactions including borrower, lender, NMLS ID & Name and mortgage details covering up to 50 years of mortgage transaction history.

Mortgage transactions provide a chronological and incremental set of records of all mortgage financing against a property for a given data delivery period, and allows clients to see distinct mortgages and the volume being originated over time, transaction by transaction.

Mortgage is used by mortgage lenders, researchers and other industries to provide insight on homeowner mortgage status, lender activity, and mortgage history, and gain a deeper understanding of the U.S. housing market.

Product Attributes:
- Transaction details
- Primary & junior mortgages
- Equity lines of credit
- Other mortgage types
- Mortgage details
- Borrower names
- Lender information (with NMLS ID)
- Loan and mortgage rate type (conventional, FHA, VA)
- Mortgage purpose (cash-out first, consolidation, standalone subordinate)
- Mortgage ARM features and indicators

**Use cases**
- **Customer Acquisition** - Mortgage data can be used by lenders to identify potential borrowers who may be seeking to refinance, purchase a new home, or secure a home equity line of credit. This can help lenders target their marketing and sales efforts more effectively.
- **Risk Analysis** - By analyzing a borrower's mortgage history, lenders can assess the level of risk associated with lending to that individual. This can include looking at the borrower's past repayment behavior, the types of mortgages they've had, and the amounts they've borrowed.
- **Fraud Remediation** - Mortgage data can be used to identify patterns or anomalies that may indicate fraudulent activity. For example, if a borrower appears to have taken out multiple mortgages on the same property within a short time period, this could be a sign of fraud.
- **Regulatory Reporting** - Mortgage lenders are subject to a number of regulatory requirements, including reporting on their lending activity. The mortgage data provided can assist lenders in compiling and submitting these reports.
- **Market Analysis** - Mortgage data can be used to gain insight into broader market trends, such as shifts in the popularity of different types of loans (e.g., conventional, FHA, VA), changes in the average size of loans, or trends in refinance activity. This can inform strategic planning and decision-making.
- **Customer Onboarding** - When a new customer is onboarded, understanding their mortgage history can help a lender tailor their services to the customer's needs. For example, if a customer has a history of refinancing, a lender might offer information about their refinancing options.

**Product details**
- Datasets represented include Mortgage and Mortgage Lookup.
- Sample fields include Mortgage Amount, Mortgage Date, Mortgage Recording Date, Mortgage Interest Rate Type, Mortgage Loan Type Code, Mortgage Term, Loan Indicators, Borrower Info, Lender Info and Title Info.