Press Release
February 26, 2008
Response Analytics Changes the Mortgage Game: Announces Solution to Keep Homeowners in Their Homes and Maximize Cash Flows
Response Analytics’ Distressed Portfolio Management Solution Supports Servicers, Investors, Insurers
SCOTTSDALE, Ariz. – February 26, 2008 - Response Analytics Inc., a leading Financial Services Optimization (FSO) company, announces today the industry’s first Distressed Portfolio Management (DPM) solution. RAI’s DPM solution combines software and services and is designed to increase cash flows on distressed mortgage portfolios and keep homeowners in their home – a win-win for the mortgage industry. The solution has value for mortgage originators, servicers, investors and bond insurers.
RAI’s DPM solution can be seen at the MBA Servicing show (Booth 413) in New Orleans, February 26-29. The company’s latest white paper entitled “Change the Mortgage Game: Maximize Returns from Distressed Portfolios” can be downloaded from www.responseanalytics.com/distressedportfolios.asp.
Unlike conventional default management and servicing systems, RAI’s DPM solution uses optimization-based technology to provide continuous portfolio valuations and optimal recovery rate recommendations matched to appropriate collection channels. By adaptively learning how borrowers and portfolios will react to changing market and economic conditions, mortgage organizations can increase accuracy for valuations and cash flow forecasts plus optimize workout recommendations - in order to adapt business strategy to the current business climate.
For more information call 480.429.4480, Ext. 118, email Info@ResponseAnalytics.com or visit us on the web at www.responseanalytics.com.
