BasePoint Analytics

BasePoint is a trusted source for advanced scientific fraud and risk management solutions. With deep domain expertise in mortgage origination and secondary marketing, we have applied our proven analytics and fraud reduction methodology to help the largest lenders and investment banks immediately and measurably reduce fraud risk and drive higher performance.

Do you know what your fraud loss is today? How is it trending? Is there a high level of fraud awareness within your senior management ranks? Exactly where is fraud occurring in your organization and how can you stop it? Which applications are most risky and need further review? Are there procedural flaws that can be addressed? We'll help you answer those questions and more as we partner with you to solve fraud in your company.

BasePoint rigorously analyzes your unique practices and data to create a tailored fraud scoring analytic solution that accurately predicts potential fraud. And we leverage your existing technology investments by integrating into your environment. We also understand that ensuring a fast return on investment by achieving meaningful results is critical to you. That's why we are willing to guarantee our results. You can trust BasePoint to help you professionally solve your real-world fraud problems in the context of your business.

Mortgage Fraud Consortium

All mortgage clients are automatically able to participate in the BasePoint Mortgage Fraud Consortium. In the mortgage fraud consortium, lenders and investment banks benefit from sharing their borrower applications and loan program details, as well as data on fraud detection and loan performance. In addition, the consortium includes broker information, appraiser data and other entities involved in the mortgage application. This data, aggregated across many institutions, is used to build analytic models to then be used by consortium members to fight fraud. The consortium helps detect mortgage fraud pre-funding, before loans are purchased on the secondary market, and in portfolio reviews.

Although all origination, fraud behavior and loan performance data are captured in the consortium, the details of this information are not accessible by individual contributors. The data is pooled to increase the predictive pattern recognition power of the resulting fraud and risk management solutions.

The comprehensive collection of data and the analysis of the millions of performing and non-performing loans in the consortium was also used to develop BasePoint EPD™ alert, the industry’s first solution able to accurately identify loans most at risk for early payment default.

The Mortgage Fraud Consortium is another example of BasePoint’s passion and commitment to solving your fraud and early default problems. For more information about the benefits, fraud and risk management solutions or about joining the consortium, please contact us at 760.602.4971 or email at info@basepointanalytics.com.

Mortgage Solution PDF