Does FICO MRI accomplish all that?
Yes. FICO MRI offers an online consumer portal, www.MortgageReliefOnline.com, to streamline the loan remediation process and empower borrowers with knowledge of their options. The consumer portal also provides a new and efficient mechanism for lenders and servicers to reach out to their customer base. For businesses, FICO MRI offers three sets of analytic innovations that empower them to: • Identify borrowers most in need of help – before they actually default; • Identify the best ways to connect with borrowers who need help; • Ensure that appropriate loan offers are made and that the value of loan portfolios is preserved.