MDA Lending Solutions Offers Risk Management Platform

MDA Lending Solutions, Wilmington, Del., has launched ARTAdvisor from MDA MindBox to help lenders better handle risk. The platform provides risk management from early risk detection through loss mitigation by automating the review, analysis and management of any size portfolio. Specifically, ARTAdvisor combines credit analysis with collateral analysis to identify risky loans and to propose optimal resolutions ranging from government-sponsored programs such as the FHA's Hope for Homeowners to lender-specific loan modifications. The platform uses a customizable rules engine to review any number of loans based on the organization's own standards for quality and performance. This risk management intelligence enables the organization to know how individual loans and entire portfolios are performing. ARTAdvisor identifies unseen or emerging points of risk, analyzes data from multiple sources to show trends in performance, identifies secondary market opportunities and accelerates loss mitigation strategies at the individual loan level and the portfolio level. It can also be implemented at the point-of-sale, pre-qualification or loan application stage to identify risk upfront.