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LoanPerformance Updates Prepayment Scoring System; Introduces Cross-Selling Scoring 

Feb 20, 2007By

First American LoanPerformance, a residential mortgage data and analytics provider for the mortgage industry and Wall Street, said Tuesday that version 1.2 of its PreTell Prepayment Scoring System is now available. According to the company, the new version has significantly expanded the types of loans scored and has added a new set of Cross-Sell Scores for enhanced cross-sell and new customer acquisition. The PreTell Scoring System provides numeric scores on an index of zero to 1,000 that predict the likelihood of an active loan prepaying within a 6-month forecast window.

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