QCMaiven Launches New Natural Disaster Risk Evaluation Tool

Rocktop Technologies and One Diligence, through their jointly managed QCMaiven platform, are announcing the artificial intelligence (AI)-enabled QCMaiven Natural Disaster Risk Evaluation solution, a product which identifies and quantifies new underwriting risks, and optimizes the profitability of portfolios, following intense storms and natural disasters. The QCMaiven Natural Disaster Risk Evaluation solution automates these operations at scale—reducing errors, omissions, and data processing delays that can ultimately lower portfolio returns.

“The rising costs and frequency of catastrophic climate and weather events in high population centers, compounded by a volatile homeowners insurance market, is contributing to the mortgage industry’s increased exposure,” said Cade Thompson, Co-President and Chief Growth Officer of Rocktop Technologies. “QCMaiven’s robust policy validation program is intended to reduce this growing gap.”

When natural disasters occur, servicers and others holding mortgage loans spend hours comparing insurance documents to confirm coverage and policy limitations. These operations are largely manual, leading to many opportunities for omissions or incorrect representations of risks.

QCMaiven’s Natural Disaster Risk Evaluation solution solves these problems—quickly delivering thorough and accurate reports for timely risk mitigation. It utilizes AI and ML models to automate the review and extraction of data from all files, spreadsheets, and documents—normalizing and folding it into users’ systems for consistent analysis. After collecting all required data, QCMaiven reviews thousands of documents and generates reports within just a few days.

Established by Rocktop Technologies in partnership with One Diligence, QCMaiven is an AI-powered platform focused on onboarding, validating, managing, and transferring loan data to help eliminate the systemic errors, omissions, and massive operational inefficiencies that plague the transfer of assets in the secondary mortgage market. QCMaiven builds on Rocktop’s fixed-income/mortgage expertise, advanced data management and analytics capabilities, and robust generative AI solutions, along with One Diligence’s industry-recognized platform for document and data validation.

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Picture of Eric C. Peck

Eric C. Peck

MortgagePoint Managing Digital Editor Eric C. Peck has 25-plus years’ experience covering the mortgage industry. He graduated from the New York Institute of Technology, where he received his B.A. in Communication Arts/Media. After graduating, he began his professional career in New York City with Videography Magazine before landing in the mortgage finance space. Peck has edited three published books, and has served as Copy Editor for Entrepreneur.com.
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