BasePoint introduces early payment default solutionMortgagePress.comMortgage early payment default solutions
BasePoint Analytics has made available the BasePoint EPD alert,
an early payment default solution, which is a statistical pattern
recognition score designed to assess the risk of early payment
default in mortgage applications and loans.
The BasePoint EPD alert uses advanced analytic scoring
technology that enables mortgage lenders and investment banks to
score and identify each loan's early payment default risk in
real-time, during the underwriting process, before a new loan is
funded and before it is purchased on the secondary market.
Carlsbad, Calif.-based BasePoint Analytics is a provider of
scientific fraud analytics and consulting services. For more
information, call (760) 602-4971 or visit www.basepointanalytics.com.