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LATENT PROBLEMS IN LOAN SERVICING
or
“WHAT POSSIBLY COULD GO WRONG?”
William G. McCanne, Senior Vice President, Secretary and General Counsel
Mortgage Analysis Computer Corporation - MACC-TRAC

Error rates range as high as 85 percent, with an average among all servicers, of approximately 30 percent. There is a minefield of possible pitfalls lying in wait for a servicer, pitfalls that the senior management of a servicing organization may have never imagined! Read more about it! What Possibly Could Go Wrong?

Glitch-Proof Gains in Loan Servicing
CHRIS DE REZAREFT STAFF REPORTER
Mortgage Bankers Association of America 

"Errors and related risks in loan servicing often go unacknowledged by senior management," Brown said. "The burdens placed on the heads of servicing units are exacerbated by the volume of bulk sales/purchases, mergers, acquisitions and the multifarious electronic origination sources."
Recently, MACC, at the direction of Tucker Adams, chair of its board of directors and chief economist for U.S. Bank in the Rocky Mountain region, developed "middleware" technology to help remedy the mistakes, and lessen financial repair. The new technology, MACC-TRAC/Vision Pro, is the only technology currently on the market that aims to eliminate errors in the loan servicing process, the company said.Read the details! Glitch Proof Gain

Base Index and Rounding Order Theory 
Philip J Nestingen, Executive Vice President,
Mortgage Analysis Computer Corporation - MACC-TRAC

Incorrect calculations of the base index can result in a one eighth of a percent error in the calculation of an interest rate Get the edge here! Problems with Base Index!