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Real Data Offers 'Matrix' Software.

Mortgage Servicing News

| September 01, 2001 | COPYRIGHT 2001 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Real Data here has released Matrix, a software package designed to optimize the comparison and correct matching of high-volume property-related transactions against a customer's property databases, the company said.

The software is designed to help lenders ensure timely and accurate payment of property taxes on their loan portfolios. Liens associated with a loan must be accrued, and that process starts with the assignment of correct tax identifications to the loan, according to Real Data.

Frank Kautzmann, CEO of Real Data, said the software uses "mathematical algorithms, unique index methods, and proprietary scoring ...

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Source: HighBeam Research, Real Data Offers 'Matrix' Software.

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