MCM has started Fallout Recalibrations based on Q1 results through our AI Deep Learning capabilities and tools.
BLOG Posts
MCM 2023 Update
During 2023 MCM completed the following system updates:
Mortgage Options
If you are in the mortgage business, you are in the options business. This blog will detail what that means if you are a loan originator, but it also applies if you are a servicer as well as borrowers once getting a loan have the option to prepay at any time.
MCM AI Fallout Announcement – CloseLytics
Two Months ago, MCM announced its new Artificial Intelligence Fallout Analytics Service: “CloseLytics.” MCM’s founder said: “The guessing game of what’s my mortgage pipeline exposure is over….”
MCM Announces New OAS Servicing Valuation Software and Service
MCM has developed, refined, and utilized over the past 29 years OAS Based servicing valuation software for hedge management and best execution purposes. The idea behind our new offering is to provide a Cloud based system and framework that lets customers value servicing assets on a loan level basis using their own assumptions.
MCM AI Fallout Announcement – CloseLytics
MCM has announced its new Artificial Intelligence Fallout Analytics Service: “CloseLytics.” MCM’s founder states: “The guessing game of what’s my mortgage pipeline exposure is over….”
Mortgage Banking Decision Science
AI has many applications in the mortgage industry and too many to mention in this short blog. Many companies have significant amounts of data from previous borrower transactions and in pipeline data from potential borrowers. The required types of data and the storage of data is different for different parts of your company.
Turning On Neural Brain Network Tunes in Better Fallout Prediction
Since 1995 MCM has been working with Neural Networks for various projects including fallout prediction on a loan level basis. Initially the technology was slow and less than optimal, however, with the new tools, speed of processing available and techniques we have developed, Neural Networks/ AI has come to fruition.