Severity – a heuristic model utilized most often in our Loss Management solutions. The Severity model estimates the (loss) / gain on a residential mortgage loan given default. The Severity model considers output from the Delta model, timelines, costs, and, most importantly a variety of proprietary parameters which estimate each cost component at a granular local geographic level for maximum accuracy.

Delta – a hybrid predictive and heuristic model utilized most often in our Quality, Loss, and Performance Management (Surveillance) Solutions. The Delta model projects real estate prices for the actual property under review. The Delta model is the only tool in the market that predicts value at the street address level. Other tools predict at zip or MSA levels.

WIH – a predictive model utilized most often in our our Quality, Loss, and Performance Management (Surveillance) Solutions. The WIH model correlates input data including, but not limited to, FICO, DTI, LTV to expected loan performance and probability of time adjusted delinquency. The WIH is frequently utilized in conjunction with the RiskIQ, Severity, Delta and IE models.

IE – a hybrid predictive and heuristic model utilized most often in our Quality, Loss, and Performance Management (Surveillance). The IE model predicts the optimal loss mitigation / modification path for a particular loan / borrower / point in time. The IE model is often combined with the Severity, Delta and WIH models.