Consolidated Analytics Inc., a provider of end-to-end mortgage solutions, has released loanDNA, a tool powered by mortgage artificial intelligence that enables accurate cashflow projections for individual and bulk mortgage assets.
loanDNA’s base-AI engine, AiCurio, leverages massive quantities of historical and current loan, property, and market data from public and private sources and neural networks to develop AI algorithms that can accurately project actual cash flows, defaults and prepayments. It also automates the analysis and prioritization of loss mitigation workout strategies.
“The introduction of the loanDNA solution to our clients is a timely one,” “The COVID-19 crisis rapidly changed portfolio conditions, leaving buyers and sellers anxious about mortgage prepayment speeds and early payment defaults,” says Arvin Wijay, CEO at Consolidated Analytics. “As a result, executive decision-makers are pressed for time and deeply concerned with decision accuracy.”
The loanDNA product is available as an individual analytics tool, but its optimal use is as a paired solution with the company’s existing due diligence, servicing surveillance, loss mitigation and default solutions, according to Consolidated Analytics.
Photo: Arvin Wijay