In the Matter of CoreLogic, Inc., a corporation, File No. 131 0199 #00089

Submission Number:
00089
Commenter:
Beth Lazarowicz
State:
North Carolina
Initiative Name:
In the Matter of CoreLogic, Inc., a corporation, File No. 131 0199
Core Logic is becoming involved with all aspects of the appraisal process. They will be in the position to "compete" with certified/licensed appraisers to value future home sales. I believe that this will not protect the interests of homeowner's, buyers or the trust of the general public. All of the data in the world is not able to take the place of eyes on a property. Pushing the data can and will be a quicker product for lenders which is what lenders are pushing for in order to increase their competition, however quick is not the same as accurate or good. Data can't tell you if the subject is properly maintained or if additions are completed in a professional manner or if the subject has been updated, remodeled, or is non-conforming etc. I feel that allowing Core Logic to purchase & own so many aspects of the housing market will cause a significant loss to public trust. Thank you for taking the time to read and consider my opinion. Beth