Announced details
Mortgage operations, prevention and early detection of fraud, and risk management by financial institutions
In trials, most confirmed fraud cases were concentrated among the cases receiving the highest scores from the AI model, confirming a high level of accuracy. The specific ratio is Not disclosed.
The Housing Loan Data Consortium has been operated since 2010, with approximately 40 participating financial institutions and more than 5 million accumulated records.
Financial institutions participate in the Housing Loan Data Consortium operated by MRI and provide fraud case data.
Regional banks, online banks, and credit guarantee companies. Approximately 40 financial institutions participate. Individual names: Not disclosed.
Approximately 40 financial institutions participate in the Housing Loan Data Consortium, which has accumulated more than 5 million records.
In this announcement the company addresses none of Contract Value / Offering price / Impact on Business Performance.
Prepared by Mitsubishi Research Institute
| Item | Details |
|---|---|
| Names of Products / Services Covered | Joint mortgage fraud detection, analytical reports, risk scores, and fraud detection API services |
| Counterparty | Financial institutions participating in the consortium (regional banks, online banks, and credit guarantee companies) |
| Counterparty overview | Regional banks, online banks, and credit guarantee companies. Approximately 40 financial institutions participate. Individual names: Not disclosed. |
| Relationship with the Company | Financial institutions participate in the Housing Loan Data Consortium operated by MRI and provide fraud case data. |
| Launch date | 1 July 2026 (actual) |
| Applicable area | Mortgage operations, prevention and early detection of fraud, and risk management by financial institutions |
| Location scale | Approximately 40 financial institutions participate in the Housing Loan Data Consortium, which has accumulated more than 5 million records. |
| Quantitative Effects | In trials, most confirmed fraud cases were concentrated among the cases receiving the highest scores from the AI model, confirming a high level of accuracy. The specific ratio is Not disclosed. |
| Usage history | The Housing Loan Data Consortium has been operated since 2010, with approximately 40 participating financial institutions and more than 5 million accumulated records. |
| Source | Prepared by Mitsubishi Research Institute |
Items this document does not state (8)
These are items the company does not state in this document. We do not leave them blank, nor fill them in from other sources or by inference.
The reasons the company gives
The company's own explanation, not something inferred from the numbers.Because a single financial institution has only a limited number of fraud cases, it is difficult to understand the overall picture of mortgage fraud and identify warning signs. The initiative aims to enhance fraud prevention measures by pooling data and expertise from multiple financial institutions.