LoanPerformance, a provider of residential mortgage data and analytics serving both the mortgage industry and Wall Street, has completed work on version 3.1 of its RiskModel forecasting tool for mortgage default, losses, prepayment and delinquency. RiskModel 3.1 features new statistical models for Alt A and prime loans and delivers dramatic improvement in performance based on back-tests of over 4 million loans and over 1700 securities. Enhancements to these new models include: …