Finance
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BasePoint Touts Updates to Fraud Detection Platform
Jan 30, 2007BasePoint Analytics, a provider of scientific fraud analytics and consulting services, said Tuesday that it has released the second generation of its fraud detection suite, called FraudMark for Origination. BasePoint’s FraudMark predicts the likelihood of a loan containing fraud that could result in financial loss to a lender. According to BasePoint, the newest version of FraudMark has been updated to detect the most current fraud patterns and trends, incorporating newly-tailored model segments to adapt to the unique portfolio characteristics of prime, Alt-A and non-prime loans.
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Virginia-based Millennium Exits Mortgage Banking
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First American Pays $10M to Settle Kickback Charges
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Calif. Foreclosure Activity Reaches Highest Level in Eight Years
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