LoanPerformance Announces 2005 Symposium Series
Focus on Basel Accord and New Loss Mitigation Solutions
San Francisco, Calif. – December 15, 2004 – LoanPerformance, the leader in residential mortgage data and analytics, today announced the dates of their fourth annual complimentary half-day symposiums on best practice mortgage risk management strategies in key U.S. cities during the first five months of 2005.
This year’s LoanPerformance Symposium Series features presentation of the new whitepaper, “Implementing the new Basel Capital Accord with LoanPerformance,” by Paul Calem, Ph. D., vice president of product research at LoanPerformance. Dr. Calem recently joined LoanPerformance from the Federal Reserve Board, where he served as senior economist and participated in the process of developing the proposed new Basel Capital Accord. In particular, his research on residential mortgage credit risk was critical to the calibration of the risk weight function for residential mortgages within the proposed new Accord.
In addition, Richard Harmon, Ph. D., senior vice president for scoring analytics and services at LoanPerformance, will present the latest findings from two innovative LoanPerformance solutions—PreTell and ScoreText. The PreTell prepayment scoring platform will have significant value for servicers, mortgage securities issuers and investors. The ScoreText technology platform is a new predictive analytics solution for the mortgage industry that uses mixed data analytics, leveraging unstructured data such as call center notes, email, inspection memos, and other text, together with traditional numeric data, to provide improved loss mitigation and customer management capabilities.
Seminars will be held in the following cities:
Jan. 26 – Miami, FL
Jan. 27 – Charlotte, NC
Feb. 16 – Boston, MA
Feb. 17 – Philadelphia, PA
Mar. 16 – St. Louis, MO
Mar. 17 – Chicago, IL
Apr. 20 – New York, NY
Apr. 21 – Washington, D.C.
May 18 – San Francisco, CA
May 19 – Costa Mesa, CA
Attendees can register online at www.loanperformance.com/symposiums and clicking on the appropriate link for the city of their choice.
“Our intent with these symposiums is to share our latest thinking and development efforts on initiatives we’ve identified to help our industry better understand borrower behavior and, ultimately, maximize our client’s business results,” said Jim Reynolds, senior vice president of sales, marketing and client services for LoanPerformance.
Questions regarding the 2005 Symposium Series can be directed to symposiums@loanperformance.com or by calling 415-536-3500.
About LoanPerformance
LoanPerformance is the leader in residential mortgage performance data and credit risk decision-support tools for mortgage originators, servicers, securities issuers and investors. LoanPerformance’s industry-standard databases track the delinquency and prepayment performance of 46 million individual mortgage payments per month, representing 90% of outstanding prime mortgages, 75% of outstanding securitized nonprime mortgages, 80% of publicly traded non-agency mortgage securities, and 80% of bank-owned home equity loans and lines of credit. LoanPerformance proprietary databases and suite of predictive prepayment and risk modeling solutions enable clients to make informed decisions about their credit risk, loss mitigation and securitization strategies. LoanPerformance is privately-held and headquartered in San Francisco, CA. For more information, call 415-536-3500 or visit www.loanperformance.com.
©2004, LoanPerformance. All Rights Reserved.
Media contact
John Lewis
Campbell Lewis Communications
202.261.6548
john@campbelllewis.com
