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» VISIT US ONLINE @ DSNEWS.COM 93 from procedures to improve fraud detection to the impact eroding housing affordability has on fraud risk to how law enforcement officials are working to identify and combat the latest fraud schemes. Additional insights included case studies and best practices to help improve mortgage fraud prevention practices. "is year's Mortgage Fraud Consor- tium was another success, providing leading industry professionals with the opportunity to learn about the latest mortgage fraud trends while collaborating on ways to reduce future risk," said Bridget Berg, Principal, Fraud Solu- tions, at CoreLogic. "According to our latest research, the country has seen a 10% increase in fraud risk from Q1 2018 to Q1 2019. is continual increase reinforces the need for this annual event and we're proud to continue help- ing mortgage loan providers mitigate risk and fight back against fraud." Digital Age Comes to Compliance ComplianceEase, a provider of automated compliance solutions to the financial services industry, announced that its ComplianceAna- lyzer is now integrated with LendingPad, the cloud-based loan origination system (LOS) from WEI Technology LLC. With this integration, LendingPad users can perform real-time audits for regulatory compliance violations without leaving their LOS. ComplianceAnalyzer audits both first mortgages and home equity loan and lines for federal, state, and local requirements, includ- ing state predatory lending issues; changes in terms and fees; audit tolerance across all disclosures and changed circumstances; and track post-consummation disclosures. "We designed LendingPad with the needs of today's lender in mind," said Wes Yuan, Managing Director of WEI Technology. "By integrating with the most comprehensive au- diting solution in the market, we're helping our lender customers not only ensure regulatory compliance but also become more efficient." "With origination volume down and costs to close up, lenders are looking to technology for a competitive edge," said Sanjay Tibrewal, SVP of Product Management for Compli- anceEase. "Our integration with LendingPad helps more lenders streamline compliance processes to help accelerate closing, deliver a better borrower experience, and ultimately grow their businesses." AI in Property Valuation CoreLogic has announced an expanded integration of data products from Ecopia Tech Corporation, increasing its coverage of build- ing footprints from 85+ million to 169+ million across the country. According to CoreLogic, by ingesting Ecopia.AI's building footprints, and as- sociating its own property attributes to each footprint, the resulting Structure Footprint offering is the most comprehensive roof-top location intelligence solution available today. e Structure Footprint product identifies not only the location and outline of relevant structures on a parcel, but it also assigns known addresses associated with the struc- ture, and includes universally unique structure identifications. e expanded integration of Ecopia U.S. Building Footprints means CoreLogic can now offer complete continental U.S. coverage paired with precise and detailed structure attributes such as gross square foot- age, land use, number of stories, and year built; fueling enhanced risk assessment and granular location-based decision-making. "We're excited about the compelling op- portunity this expanded collaboration with CoreLogic presents, which highlights our abil- ity to mine vast amounts of geospatial imagery data to generate and update HD Vector Maps port said that the rise coincides with "ongoing improvements in the city's transit network." Los Angeles has been actively promoting alternatives to private automobiles, and mobil- ity in and around the city in recent years with L.A. taxpayers pledging $120 billion toward expanding public transit. Breaking down the type of keywords that mention public transport, the report said that rail represented a disproportionate and growing share of transit keywords. In fact, rail keywords appeared in 1.5% of all listings in 2013 and 3.7% in 2018, while bus mentions have remained stable (0.8% of listings in both 2013 and 2018). e highest densities of listings mention- ing transit also track closely with the routes of L.A.'s Metro lines. One of the possible reasons for this surge in listings close to metro lines, according to the report could because the city's "Gold and Expo Lines' recent expansions have made these routes, and the system at large, more useful." e report noted that as a share of total listings, references to the Gold Line far outstripped all others from 2013 to 2018. Over the same period, the Expo Line's share of total listings has grown fastest. Metro's upcoming Regional Connector project aims to further integrate the existing transit lines. A New Fraud Risk Model CoreLogic recently hosted its 2019 Mortgage Fraud Consortium. During the invitation-only event, CoreLogic announced its newest version of the Fraud Risk Score Model—version 4.0. Delivered within the LoanSafe product suite, the new model ac- counts for recent changes in mortgage fraud trends while leveraging new data assets. Integrated into the LoanSafe solution, the updated model provides more transparency into how the Fraud Risk score is calculated through the integration of alert predictive of fraud risk. e updated score was designed based on feedback from CoreLogic clients and will help make lenders more efficient in their fraud detection practices, ultimately saving them time and money. Drawing experts from more than 30 top financial institutions, this year's event was held in San Diego, California, and featured speakers from the FBI, Fifth ird Bank, Cognizant, Fannie Mae, Freddie Mac, and more. e event revolved around the theme of current fraud trends and what they mean for the future market. Program discussions ranged Bidding wars have returned to San Francisco, according to a Redfin report indicating that 35% of offers on homes faced competition in the Golden Gate city. KNOW THIS

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