Collateral Desktop Analysis (CDA®) is now available in Clear Capital’s Product Portal. Sign up for the portal, pay online, and order a CDA in just minutes.
What is Collateral Desktop Analysis?
CDA is an efficient, cost-effective method to determine if the appraisal under review is adequately supported — delivering comprehensive appraisal review and analysis for any period of time by a state-licensed appraiser. It is designed to remove pre-funding uncertainty or support post-funding due diligence.
The CDA re-evaluates the entire appraisal in compliance with USPAP. The comprehensive review performed by a state-licensed appraiser extends to any misrepresentation or non-disclosure of prior transactions of the subject and comparables.
What can Collateral Desktop Analysis help with?
CDA provides due diligence and quality assurance at several stages in the review process:
- Pre- and Post-Fund Due Diligence: CDA delivers data to support pre-fund and post-fund due diligence before and after funding the loan.
- Forensic Due Diligence: The first step in forensic due diligence is to determine if a sample of appraisals warrant a more extensive review.
- Additional Comparables: Access and review additional comparables to validate whether or not those provided are representative of the subject and market.
- Quality Assurance: Gain peace-of-mind with an internal quality assurance audit in post-fund due diligence for lenders and investors.
- GSE Post-Board: Review to determine the reliability of the valuation and to understand if a repurchase is justified.
How to get started with Clear Capital’s Product Portal
The Product Portal is a one-stop-shop to access Clear Capital’s property data products and valuation services. Signing up is easy, and you can instantly order CDA and ClearProp® — with more products scheduled to join the Portal throughout the year.
The portal grants the ability to order, manage orders, place orders on hold, cancel orders, request revisions, and more. Download the CDA datasheet to learn more. Visit portal.clearcapital.com to get started.
