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VISIT US ONLINE @ DSNEWS.COM Digital Risk Reveals Multidimensional Risk Analysis Tool launch of Veritas, a mortgage analytics platform for risk analysis. Veritas uses a large repository of specific borrower, property, and local real estate market data to provide multidimensional insight into the facets of risk. According to Digital Risk, this type of data gathering produces a risk analysis that is more reliable and more meaningful than current one-dimensional risk prediction offerings. A Veritas analysis of more than five mil- Orlando's Digital Risk announced the lion loans originated from 2006 to 2011, for example, showed that borrowers eager to pay revolving debt following a loan modification are more likely to re-default, the company explained. This type of information could represent a shift in how the mortgage indus- try understands predictive factors, according to Digital Risk. "The mortgage industry is relying on allow workflow to be streamlined on a client- by-client basis, providing lenders the ability to enforce their own business requirements within Appraisal Firewall with their selected AMC. Payment for the appraisal can also be processed by the AMC. InCharge Debt Solutions and Freddie Mac Partner for Borrower Help announced a partnership with Freddie Mac in late July to provide educational and infor- mational assistance to struggling homeown- ers with Freddie Mac-owned mortgages. The InCharge Debt Solutions/Freddie Flordia-based InCharge Debt Solutions Mercury Network's customization options Georgia rank: 30 90+ Day 4.12% 4.34% -5.10% 90+ Day 9.10% year ago 8.96% percent point change 1.62% -8.79% Top Core-Based Statistical Area GAINESVILLE, GA 90+ Day outdated methods to determine risk," said Peter Kassabov, chairman and CEO of Digital Risk. "During the mortgage crisis, high FICO borrowers encountering distress defaulted in huge numbers, yet we still depend heavily on that one score along with CLTV [combined loan-to-value] to make lending and loan modi- fication decisions. Veritas has shown there are many more impactful variables that can predict future risk with much more accuracy, and provide the reason why that risk exists." a la mode and SharperLending Announce Strategic Integration headquarters to Naples, Florida, in June, announced a strategic integration that allows lenders who use SharperLending's Appraisal Firewall platform to place appraisal orders with any appraisal management company (AMC) through the Mercury Network. The integration of Mercury Network a la mode, which relocated its national Mac Borrower Help Network offers free counseling sessions, in which an advisor reviews the borrower's current income, living expenses, savings, and debts; then presents options for their financial challenges; and assesses foreclosure alternatives including a federal loan modification or other borrower assistance program. SERVING CHARLOTTE, SARASOTA, DESOTO COUNTIES 3.79% year ago 4.02% percent point change -5.67% -6.76% note: The 90+ Day delinquecy rate is the percentage of outstanding mortgage loans that are 90- plus days delinquent. The foreclosure rate is the percentage of outstanding mortgage loans currently in foreclosure. State rank is based on the June 2012 foreclosure rate. All figures are rounded to the nearest decimal. The unemployment rate reflects preliminary June 2012 figures released by the Bureau of Labor Statistics. All other data courtesy of Lender Processing Services. 3.49% Delinquency Rate june 2012 3.25% Foreclosure Rate 5.47% Delinquency Rate Foreclosure Rate june 2012 2.62% year ago 3.01% percent point change -13.19% Top County CLAYTON COUNTY Delinquency Rate june 2012 4.99% Foreclosure Rate Unemployment Rate 9.0% 9.9% -9.1% Georgia MESSAGE GET LOST I ALWAYS DON'T LET YOUR ANSWER BRAD GEDDEIS KNOW THIS and Appraisal Firewall benefits lenders by allowing more control when selecting ap- praisal providers and by giving more options when complying with wholesale and investor requirements, the companies explained. Through the integration, Appraisal Firewall clients also have access to a full list of top AMCs in the business. f: 941.627.0423 | myoceanpartners.com bradinfl orida@gmail.com c: 941.662.6519 | o: 941.627.6232 NeighborWorks granted $937,350 in 2011 to Georgia counseling organizations, which leveraged the funds into $22,285,727 of direct investments in local communities. 113 Nancie Lyons Realty NANCIE LYONS c: 828.361.0003 www.nancielyons.com nancie@nancielyons.com MEMBER REO BPO Short Sales FLORIDA