Lender Processing Services  added new modules - the Loss Mitigation Module and the Mortgage Scores Module - to it lan level database that will deliver specific information for specific purposes. These new modules join the McDash Property Module, introduced in May 2011, the company said in a press release today.

The McDash mortgage scores module helps mortgage professionals assess industry trends and develop strategies around critical operational processes. The probability-of-default metric identifies high-risk loans, while the loss-severity metric helps to segment those loans with the highest potential of a loss, helping servicers more effectively manage risk.

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