LOAN ANALYTICS
How intuitive is your current servicing system?
LPS Applied Analytics offers THE most intelligent and accurate risk analysis in the mortgage servicing industry.
Our solutions provide prepayment and default models that evaluate behavior models cross-referenced with several projected paths of interest rates and housing prices to produce valuable information about the direction your business is headed.
LPS Applied Analytics delivers prepayment, default, loss severity and modification projections for fixed, adjustable, prime and most other types of loans. With this innovative technology, LPS offers default, loss severity and modification scores for servicers.
MODIFICATION RECOMMENDATIONS
LPS Applied Analytics' research shows that payment reduction is one key ingredient to successful loan modification. Payment reduction can be achieved by taking advantage of government and private loan modification efforts, reducing interest rate, extending term, and/or forgiving principal.
Borrower sensitivity to payment-reducing factors varies depending on many loan, borrower and property characteristics, along with housing price impact. Frequently, the best modification is a combination of factors.
Setting the parameters too high sets up the borrower for re-default. Setting them too low gives away value.
LPS Applied Analytics provides a decisive recommendation based on years of experience modeling default risk for non-agency securities.