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MDA Lending Introduces Portfolio Review Tool

Friday, February 20, 2009 5:15:00 AM PDT | VentureDeal Staff

Wilmington, Delaware  --  Mortgage industry software company MDA Lending Solutions announced the launch of a new automated portfolio review tool.

The platform enables mortgage lenders to manage their risks through automating the review, analysis and management of any size portfolio.

“With the constantly evolving governmental programs aimed at troubled mortgage loans, organizations are in need of ways to handle the risks and maximize the opportunities these programs create,” said Bill Richer, president of MDA MindBox. “Lenders can employ ARTAdvisor where, when and how they need it, enabling the management tool to monitor their portfolios on their own terms. Having a second set of eyes enables real-time identification of loans that are ready for refinancing, collateral value adjustments or eligibility for bailout programs, providing an invaluable edge in today’s economy.”

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