LandAmerica Financial Group Inc. has released eZLoan Optimizer, a new solution designed to help mortgage lenders and servicers identify loans with existing or potential problems, and provide specific actions to be taken to minimize losses in their loan portfolios.
eZLoan Optimizer gives mortgage lenders and servicers a fully automated process for analyzing 100% of their mortgage loan portfolios. Unlike other loan analytical products, eZLoan Optimizer thoroughly reviews and analyzes mortgage origination and servicing information based on more than 400 attributes, LandAmerica says.
Once this exhaustive analysis is complete, a mortgage lender or servicer receives a forecast of future loan portfolio performance, identification of individual loans with the greatest potential for loss and recommendations for mitigating losses. eZLoan Optimizer incorporates rules linked to current programs committed to minimizing foreclosures, such as ASF, FHASecure and HOPE NOW rules.
Source: LandAmerica Financial Group Inc.
