CoreLogic Makes Available WillCap Decisioning Platform

Posted by Orb Staff on July 21, 2010 No Comments
Categories : FYI

gic has announced the availability of WillCap, a decisioning system that the company says predicts a distressed borrower's willingness and capacity to make mortgage payments. WillCap uses proprietary behavioral technology that combines information on a consumer's credit, property, loan product and local real estate market, the company explains. The system can be used for distressed-loan treatment, loan surveillance, loan forecasting and portfolio-level, loan-treatment strategy development, CoreLogic says. "WillCap brings objectivity, transparency and predictability to loss mitigation and default management,’ comments George Livermore, CoreLogic's group executive for data and analytics. ‘Servicers and investors can use this new solution to craft workable distressed loan treatments that can increase loan modification success, while significantly reducing losses.’ SOURCE: [link=http://www.corelogic.com]CoreLogic

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