MOSA® Scores & Reports
AllRegs and The Prieston Group (TPG) have launched a suite of products focused on the Mortgage Operational Safety Assessment®¹ (MOSA®), including the MOSA®Score and Report. MOSA® consists of a methodology and process that evaluates 11 different key aspects of mortgage operations and origination. These categories include Operational Controls, Company Background, Warehouse Lines, Geographic Mix, Product Mix, Repurchase History, Quality Control Plan, Operational Checklists, Broker Management, Correspondent Management and Appraiser Management.
Lenders are evaluated with the risk assessment tools in MOSA® and then receive a score between 0 and 800, with higher scores indicating lower risk. In a recent study reviewing 400,000 loans, higher MOSA® scores have been proven to be effective indicators in reducing overall mortgage repurchase risk².
¹ MOSA is a patented operational assessment process (U.S.Patent No. 7,707,103) licensed by Arthur Prieston to AllRegs for distribution and delivered by The Prieston Group®.
² Clifford V. Rossi, PhD. “A New Analytical Paradigm in Assessing Lender Repurchase Risk: TPG MOSA™ Lender Score” (Independent Review Findings), September 12, 2011.
Free White Paper:
Receive our free white paper, an Executive Summary of the MOSA® product written by Clifford V. Rossi, PhD., titled,"A New Analytical Paradigm in Assessing Lender Repurchase Risk: MOSA® Score and Report." In the white paper, Dr. Rossi discusses the five phases of the MOSA® Report and process, and how a company's underlying behavioral factors and governance affect their level of potential repurchase risk. Their MOSA® Score falls between 0 and 800, with higher scores indicating a lower level of repurchase risk.
A New Industry Benchmark.
AllRegs and The Prieston Group, Inc. (TPG) announce the launch of a new, innovative suite of risk assessment resources and benchmarks for the mortgage industry. The cornerstone of these products is the patented Mortgage Operational Safety Assessment™¹, or MOSA™, Score and Report (*U.S. Patent 7,707,103). AllRegs has become the exclusive distributor of MOSA™ and its related products.