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Flood Services

CoreLogic logoAltisource is a full-service flood hazard certification and compliance provider enabled by the industry leader of flood risk products—CoreLogic®. Through this partnership, we offer a variety of solutions to meet the flood risk needs of any loan program or lending institution. We can help you achieve the twofold goal of compliance with the federal flood regulations and mitigation of flood risk.

Our web-based, flood determination ordering and delivery system provides a simple connectivity and account management solution. By offering instant access to CoreLogic’s extensive database of flood data resources, the system can easily accommodate single orders, delivering the vast majority of responses in real time.

With an accuracy rate greater than 99% and an automated response rate of over 90%, you are guaranteed access to fast, reliable and accurate flood risk information and services.

Solutions

  • Basic Flood Determination : Rapid and accurate one-time Flood Determination delivered on FEMA’s standard form to ensure complete compliance.
  • Life-of-Loan Determination : Fully transferable flood product provides flood risk data over the life of the mortgage thereby enhancing loan portfolio marketability.
  • Refinance/Related Loan Determination : Fast, low-cost flood product for a piggyback loan, simultaneous second mortgage or refinancing.
  • Special Properties Determination : Cost-effective solution offering one price for multiple lots or buildings within multi-structure residential or commercial properties.
  • FlexCert Determination : Reliable flood data and tracking over the life of the mortgage without the added cost of servicing transferability.
  • Census Tract Service : Additional feature enabling compliance with the Home Mortgage Disclosure Act (HMDA) and the Community Reinvestment Act (CRA).


© 2010 Altisource Portfolio Solutions. All rights reserved. Altisource™, Altisource Portfolio Solutions™, the Altisource Logo, the "REAL" family of trademarks and service marks, and all other marks identified herein are trademarks or service marks of Altisource Portfolio Solutions S.A. or its subsidiaries and may be registered with the United States Patent and Trademark Office and in other countries.

©2010 CoreLogic
CoreLogic is a registered trademark of CORELOGIC
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Testimonials
  • Over the years we have always been able to count on REALSynergy to coordinate with our IT consultant to guide us on the use of features that enable us to fully utilize the software such as automatic posting of payments.

    - Shelley, Senior Vice President & Manager, Loan Closing & Administration
    Q10 I Dwyer-Curlett & Co.
  • We went live with REALRemit in July, 2005. Since then our accounts payable staff has been reduced by 61% and we have saved literally millions of dollars in loan related expenses.

    - John, CFO
    Ocwen Financial Corporation
  • REALRemit has not only helped us stay ahead of the curve, but we saved a huge amount of time and money implementing a system that was designed to handle our custom needs.

    - Doug, CEO
    First Associates, Inc
  • Nationwide Credit, Inc. does a tremendous job focusing on the objectives that matter most to a client... At the end of the day, their execution and response gives me the perception that our partnership matters the most to their business.

    - Jay, Senior Director
    Resurgent Captial Services L.P.
  • We were required to make unique enhancements to REALResolution, [which were] expected to reduce manual efforts while processing a loan and reduce the timeline to move the property to REO. Altisource has done an exceptional job in meeting the requirements of the project which has allowed Ocwen to achieve desired results.

    - Roshan, Director, Resolution Processing and Administration
    Ocwen Loan Servicing, LLC
  • The REALSynergy product has been instrumental with Bellwether's growth in servicing since it was purchased in 2008. Bellwether has grown from 5 employees in 2008 to over 50 with $3.5 billion in servicing. The REALSynergy team was especially helpful during the portfolio transfers.

    - Marty, Director, National Servicing Manager
    Bellwether Real Estate Capital, LLC.
  • Over the years the REALSynergy technical support team has provided prompt, professional, and personal attention to any implementation, operating process, or product upgrade questions that we have had. We can confidently recommend REALSynergy as a dedicated and reliable firm, and experts in their field.

    - Karen S. Dolen, Loan Servicing Manager
    Peter Wong Associate - an affiliate of Intervest Mortgage
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Certain services described herein are provided by Altisource's subsidiaries to commercial customers only where permitted by applicable law.