Analytic Focus Blogs

March 26 , 2018
Posted by Charles Cowan

PART IV: Detection Methodology

How is the state of your portfolio? There are four detection methods that with a bit of effort or investment, you can figure it out.
Part IV: Detection Methodology 
Detection of Issues Related to Guideline Deviations
There's this portfolio of loans, and you want to know whether it has any "issues." Some methods allow you to examine the portfolio, in case you're concerned about the reliability of the statements in the offering document. According to the Prospectus Supplements, the portfolio in question is near perfection, with each loan underwritten with loving care to a set of third-party originator guidelines that aren't actually available to you. The loans are serviced according to proper industry servicing standards, which are undefined and vary between servicers. In the Prospectus, every detail the issuer felt was crucial to the issuer is documented in excruciating detail.
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March 13 , 2018
Posted by Charles Cowan

PART III: Deviations From The Guidelines

Have you ever found yourself saying; “BUT OUR ESTIMATES ASSUME GUIDELINES ARE FOLLOWED!”

When it comes to loans, lenders must know the likelihood of repayment, whether collateral exists and what it is worth relative to the value of the loan. That's why there are guidelines! But what happens when there are deviations from the guidelines? In a word, PROBLEMS. In Part III of his series, Charles D. Cowan, Ph.D. describes the impact of misstatements, mis-valuations and macroeconomic changes which directly affect the likelihood of losing or gaining money.

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March 06 , 2018
Posted by Charles Cowan

PART II: Uncertainty, Bias & Risk

Guidelines are the means of determining whether or not to make a loan. Guidelines avoid risk which is important to multiple parties. In Part I of his series, “When The Lender Deviates From The Guidelines,” Charles Cowan, Ph.D. introduced what could go wrong when guidelines are not followed. Part II dives into three key considerations, uncertainty, bias and risk.
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March 02 , 2018
Posted by John Glasgow

Community Banks: How To Improve Profits & Performance

Some community banks are using HR analytics to find links between their human resources departments and their operational and financial systems to improve performance and profits.
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February 26 , 2018
Posted by Charles Cowan

Part I: Are Guidelines Really Important?

Guidelines are the means of determining whether to make a loan. When a borrower doesn't meet the guidelines, this indicates
that the lender doesn't think the borrower is sufficiently creditworthy. In other words, the loan is too risky to make. So risky, in fact, that we don't know how great the risk is we just know it's beyond the bounds that the lender deems acceptable. 

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November 02 , 2017
Posted by Sonali Saxena

Data Mining To Detect And Prevent Fraud

In today’s times, many organizations find themselves vulnerable to fraud. The complexity  of fraud detection in any channel - online, mobile, direct mail and third-party to name a few - is growing faster than decades before. The US Department of Justice indicated a total of $1.51 billion in corporate U.S. criminal fines, out of which $512 million was paid to the U.S. and state authorities in 2016 [1] in healthcare fraud alone. Powerful analytics, as well as data mining solutions, help detect fraud accurately, thus creating prevention opportunities.
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October 19 , 2017
Posted by Bill R. Gilbert

Data Security And The Every Day Challenge

Staying The Course
Data security for a company is a marathon race. Too many companies, large companies included, look at data security as a sprint. You run hard for a short distance and then rest before the next race. A marathon requires training, endurance, and diligence. But companies see marathon endeavors as cuts into corporate profits. Here are a few endurance tips to consider when handling Non-Public Personal Information (NPI):
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October 13 , 2017
Posted by Charles Cowan

Changing Markets and the Economy of the Future


The U.S. Landscape Will Change Dramatically, Again
The U.S. landscape is about to change dramatically again. Consumers and companies that rely heavily on transportation or to transport goods will benefit greatly. But the malaise we see in employment for lower-skilled, non-technical workers is about to worsen. People with low skills and low education will find that their cars are more affordable – but they won’t be driving to a job.
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July 27 , 2017
Posted by Donna Kenney

What Can You Learn About Data Privilege And eDiscovery?

What can Harleysville Insurance Company v. Holding Funeral Home, Inc. teach you about privilege and eDiscovery?

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June 20 , 2017
Posted by Jeri George

9 Tips To Launch Internal People Analytics

HR professionals and companies are getting serious about People Analytics. The use of analytics doesn’t have to be scary! Use these 9 tips to begin the process of implementing a data-driven approach to managing people in the workplace. 

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