General World News

TransUnion to launch new property insights tool

TransUnion released a new portfolio management solution designed to help lenders assess the riskiness of a portfolio from a property value perspective, the company announced on Wednesday.

TruVision Consumer Property Insights’s mission is to help protect both lenders and borrowers from the potential risks associated with property value fluctuations, the company said. The product will provide lenders with an array of functionalities, such as combined loan-to-value (CLTV) on each property owned by a consumer. It will also display characteristics about those properties to better inform lenders about the asset securing the mortgage or the home loan.

Transunion’s proprietary details ⇒

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