MATRIX Solution Tools Introduced by Servicing Management Magazine:

Real Data Inc. of Houston, TX has released its Matrix Intelligence product line of matching software. The company says the package optimizes the comparison and correct matching of high-volume property-related transactions against customers' property databases.

Dr. Frank N. Kautzmann III, COO and CTO, says, "The Matrix products are the mortgage industry's first and only information theoretic mathematically based matching tools that deliver an average 70%-85% match rates on national and regional database populations, with individual county match rates often exceeding 95%."

"Our products and services will change the industry's effectiveness in cross-referencing, record linkage and matching files for the purposes of mortgage loan boarding, real estate tax escrow processing, flood certifications and title plant operations. Additional industry applications are the insurance, medical records, and law enforcement arenas."

"Matrix solutions are network-based or stand-alone, as well as database independent, and will ensure that our clients have the optimal matching capability. "

One of the most significant risks to a loan portfolio is the timely and accurate payment of real property taxes. All liens associated with a loan must be accrued, and that process starts with the assignment of the correct tax identifications to the loan.

Dr. Kautzmann states, "Through the application of mathematical algorithms, unique index methods and proprietary scoring techniques, the Matrix products deliver fast and accurate matching to the Loan Servicing industry where correct record matching will continue to determine the industry leaders even with emerging industry standards.

"Matching is irreplaceable core-technology affecting property data providers, AVM providers and Loan Servicers performance and costs associated with traditionally low levels of correct matching."

Excerpt from:



 Volume 12, No. 12, August 2001.