EXPRESS PCR™ is the fast, dependable solution
American CREDCO, for
when you can’t wait weeks for portfolio batch credit scoring. EXPRESS
PCR makes it simple to quickly evaluate a portfolio in terms of credit
scores. Loan portfolio managers, underwriters and senior managers will
appreciate how EXPRESS PCR helps meet corporate growth and return goals,
manage portfolio delinquency, and forecast portfolio profitability. Also,
before you sell a loan portfolio EXPRESS PCR can help you to determine a
favorable price, or to meet a specific buyer's criteria.
At-a-glance summary of the portfolio contents
Easy to read and analyze
Great tool for selling a portfolio
regular review of current portfolio performance quick and
Client-chosen Repository Option
Choose a single FICO** or Bankruptcy***
credit risk score.
Only proprietary FICO,
Auto FICO, or
Less than 72 hours
Turnaround time 3 to 6 weeks
< 1,000 records in less than 48 hours
Any file size
> 1,000 records in less than 72 hours
Fast Batch ScoringWith EXPRESS PCR, First American customers get fast batch
scoring for any size loan portfolio. Your file will be processed and have
scores appended in days instead of the weeks you usually have to wait with a
credit repository. Smaller portfolios can get the same attention as
Internally, EXPRESS PCR will provide a portfolio review
tool to facilitate assessing risk-based lending programs, adjust underwriting
or servicing criteria or analyze changes in scoring model performance. A
summary of the overall results provides an immediate overview for management.
FICO or Bankruptcy Credit Score
You choose either FICO or bankruptcy scores. First American
CREDCO chooses the best bureau that can provide the fastest turnaround time.
Scores will be appended to your file and returned with an overall summary of
the portfolio scoring results, so that you can quickly evaluate the portfolio
as a whole.
When you use EXPRESS PCR for portfolios of less than 10,000
records, you'll have the information you need within 48 hours. Larger
portfolios will be returned within 72 hours
Ordering Is EasyIt's easy to order an EXPRESS PCR Portfolio Credit Review.
Simply send us the name, address, and Social Security Number for each borrower
in your portfolio Contact your First American sales associate for the
technical file layout specifications. For an additional fee, we can also
convert your file into our standard format.
· Name, address, and SSN for each borrower record
· PCR Standard Format
· ASClI file, either Fixed Width or Delimited
· 3.5" diskette, CD., tape, JAZ disk, or electronic file via e-mail
Score Distribution ReportEXPRESS PCR Portfolio Credit Review comes with a Score Distribution
Report for FICO or Bankruptcy scores. Use the Score Distribution Report to get
an overview of the relative risk and value of the portfolio. The report provides
a visual representation of the distribution of scores, as well as statistics on
the total scores delivered, and the average score of the portfolio. The Score
Distribution Report can also give you insight into the direction to take for
more in-depth analysis of the EXPRESS PCR output file.
|| First American CREDCO chooses the best bureau for fastest
|| Developed by Fair, Isaac (trade names: BEACON, FICO, EMPIRICA)
|| Developed by MDS/Experian (trade names: EDAS, Experian
Bankruptcy Model, New Delphi)
Put EXPRESS to work the next time
you need a quick, accurate risk assessment.
CLICK HERE TO REQUEST
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Express PCR is a service mark of The First American Financial Corporation.