Friday, April 25, 2008

BasePoint Analytics Selected By CrossCheck Compliance

Carlsbad-based BasePoint Analytics said Thursday that its services have been selected by CrossCheck Compliance, a Chicago firm providing regulatory compliance and due diligence services to banks and mortgage lenders. Financial impact of the deal were not disclosed. BasePoint Analytics provides fraud analytics and consulting services for detecting suspicious mortgage loans; the company's software is used to calculate a fraud score for mortgage applications to flag potential fraud.

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