Risk mitigation post-closing carries its own challenges. Some of these are:
The need to identify and minimize exposure
The need to identify problem loans quickly
Continuing to balance the need for quality and speed
Reliable identification of risk characteristics
Identifying increasing risk scenarios
Timely reporting of information
Taking steps to reduce the risk of default
Industry Solutions
In response to industry needs, Interthinx has developed automation to increase speed and accuracy, along with technology to analyze the cause for defaults.