In response to needs for in-depth portfolio analysis and adherence to interagency guidelines, ""DataQuick"":http://www.dataquick.com/ announced the introduction of PortfolioQ in a company release.[IMAGE] [COLUMN_BREAK]
The hosted solution provides equity lenders with an in-depth analysis of outstanding liens against properties to accurately calculate current equity position and related risk. In addition to the ability to pinpoint immediate risk, PortfolioQ enables the identification of developing risk factors to assist with loss mitigation efforts.
""With past uncertainty in the economy still impacting the housing market today, equity lenders must be able to accurately and effectively manage the risk in their portfolios and loss reserve to the satisfaction of internal company standards as well as those of regulators,"" said John Walsh, president of DataQuick.
PortfolioQ can also be used to evaluate policy impact on portfolio performance and identify areas that need to be changed.
San Diego-based DataQuick provides real estate information solutions powered by data and analytics and aims to provide better decision-making and improved profitability for the real estate, mortgage lending, and secondary investor markets.