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EPD Alert Spots Risk.(BasePoint Analytics)(BasePoint EPD alert)(Brief article)
CARLSBAD, CA -- Responding to widespread mortgage industry demand for ways to curtail early defaults, BasePoint Analytics has just released BasePoint EPD alert, an early payment default statistical pattern recognition product designed to assess the risk of early payment default in mortgage applications and loans.
EPD alert's patent-pending analytic scoring technology enables mortgage lenders and investment banks "to score and identify each loan's early payment default risk in real time during the underwriting process," the company said.
The product identifies historical patterns in both performing and nonperforming mortgage loans in order to define which defaults are likely to result in actual financial loss to the lender or investor.
"BasePoint EPD identifies a very targeted sampling of loans likely to have a first, second or third payment default which doesn't cure," said Tim Grace, president and CEO of BasePoint Analytics.
...- BasePoint Adds EPD Alert Tool.
- Magazine article from: National Mortgage News Kersnar, Scott October 15, 2007 700+ words
...Analytics has just released BasePoint EPD alert, an early payment default...NMN. "In our early tests, BasePoint EPD alert performed two and a half times...purchase decisions on loan pools, BasePoint EPD alert provides both a risk score...
- EPD Alert Spots Risk.
- News wire article from: Mortgage Line Kersnar, Scott January 2, 2008 700+ words
...Analytics has just released BasePoint EPD alert, an early payment default statistical...t get their coupon book. BasePoint EPD finds loans that are causing...NMN. "In our early tests, BasePoint EPD alert performed two and a half times...
- BasePoint Launches Unique Early Payment Default Solution to Reduce Losses.
- Press release article from: Business Wire October 8, 2007 700+ words
...of early mortgage defaults. BasePoint EPD alert uses patent-pending pattern...to the lender or investor. BasePoint EPD alert has been proven to provide...rate. In an initial test, BasePoint EPD alert would have saved a large lender...
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- Magazine article from: Origination News Kersnar, Scott November 1, 2007 700+ words
...Calif.-based BasePoint Analytics has just released BasePoint EPD alert, an early payment default statistical pattern recognition...loans. When lenders score all new applications with EPD alert and select the highest-scoring 10% to 15% of applications...
- White Paper Now Available on How the Mortgage Industry Can Achieve...
- Press release article from: Business Wire January 28, 2008 700+ words
...visit www.basepointanalytics.com or call 1-760-602-4971. Note to Editors: BasePoint Analytics and BasePoint EPD alert are trademarks of BasePoint Analytics LLC. All other companies, brand names or products are trademarks or registered...
- Comergence(TM) Partners with BasePoint(TM) to Improve Risk Detection and...
- Press release article from: Business Wire October 6, 2008 700+ words
...offer BasePoint's market-leading FraudMark[R] score and BasePoint EPD[TM] Alert. These offerings ensure lenders and brokers...before the losses are incurred, and the FraudMark solution and EPD alert to identify on a loan-by-loan basis which loans being...
- BasePoint Releases Industry's Only Fraud Detection Solution Specifically...
- Press release article from: Business Wire October 20, 2008 700+ words
...of fraud risk, FraudMark for Home Equity complements the BasePoint EPD[TM] Alert solution in protecting lenders from both fraud...call 1.760.602.4971. Note to Editors: FraudMark, BasePoint EPD, BasePoint and BasePoint Analytics are trademarks or registered...
- BasePoint Launches Industry's First Fully Automated Income Verification Service.
- Press release article from: Business Wire October 14, 2008 700+ words
...used in conjunction with the FraudMark[R] solution and BasePoint EPD[TM] alert, lenders benefit from a comprehensive risk...or call 760.602.4971. Note to Editors: FraudMark, BasePoint EPD, BasePoint and BasePoint Analytics are trademarks or registered...