When
First American CREDCO introduced its EXPRESS PCR™ solution
for portfolio batch credit scoring, Tradewind Software provided key
credit report engine technology to quickly evaluate loan portfolios in terms of credit
scores.
Based on credit reports and FICO or Bankruptcy Credit Score,
the portfolio review tool aids in assessing risk-based
lending programs, adjusting underwriting or servicing criteria or
analyzing changes in scoring model performance. A summary of the
overall results provides an immediate overview for management.
Instead of weeks for batch credit report scoring, Tradewind's
capabilities made it possible for First American CREDCO to offer
turnaround in a matter of hours, even for large portfolios.
