Firm Will Provide Prepayment Score Free to Interested Parties Via Web Site
July 26, 2002
A San Francisco-based analytics firm says it will provide free access to its prepayment scoring system that’s currently used by a number of MBS dealers and mortgage banking operations. Applied Financial Technology developed the Espiel Score for Prepayments to derive a more accurate method for gauging prepayment risk for individual loans or mortgage borrowers. The score provides “a simple method of comparing the