Looking at properties in default, data analysis gives lenders a view of the potential loss, allowing them to focus efforts to resolve high-risk loans.
Default Technology to the Rescue
The president of DRI Management Systems describes how loss mitigation decisioning platforms can help motivated borrowers retain their homes and keep servicers from losing money.
Dealing with Defaults
Servicers continue to be focused on minimizing loan losses for lenders and investors and restoring liquidity to the mortgage market.
