From needing to know the census tract for a particular address to determining the zip codes within a certain radius to appending crucial demographic data to a particular location, iEmergent can help. Through our Mortgage MarketSmart application, lenders can easily upload their application and loan data all at once. Not only will you be able to see your loans as points on a map, our geocoder will also append essential data like census tract numbers, county names, zip codes, and information about the household income and minority populations of those tracts. This data is required for submission to HMDA and to ensure compliance with the Community Reinvestment Act (CRA).
However, if you need more advanced geostatistical services, our team is prepared to help. For example, if you would like to know which of your branches are nearest to a particular high-risk location, or how much distance is between one of your locations and another, we can help. If you want to create a custom market around a particular point, our information and expertise can help you better understand the demographics and the mortgage opportunity around it.
"Where" is essential to the mortgage industry. After all, it is a home on a street that is the core of every transaction, even for online and consumer-direct lenders. When it comes to mortgages, “where” really does matter.
For more than a decade, we have helped lenders use our forward-looking data to make decisions and build strategies. When we started using maps as a way to share our intelligence, our lender and broker clients began to see patterns and find meaning on a new level.