CoreLogic, a leading provider of information, analytics and business services, today announced that CoreLogic SafeRent, provider of the nation's leading suite of screening and risk management services designed for the multifamily housing industry, released its second quarter 2012 multifamily applicant risk (MAR) index report including new renter trends. The second quarter MAR Index value increased six points from the first quarter 2012 and three points from a year ago, indicating an increase in national renter credit quality and applicant pool quality.
The MAR Index for second quarter 2012 is based exclusively on applicant traffic credit quality scores from the CoreLogic SafeRent statistical lease screening model (Registry ScorePLUS®). The MAR Index is updated quarterly to provide property owners and managers with a benchmark against which to evaluate their applicant credit quality trends against market-based MAR Index trends. This comparison indicates the relative strength of their property portfolio to attract and secure applicants with higher credit quality and an increased likelihood of fulfilling lease obligations.
Read more...CoreLogic Releases Multifamily Applicant Risk Index - Multifamily News Headlines – Breaking News, Stories, Top Headlines :: MultifamilyBiz.com
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.