Founded by Veros, the first Predictive Methods Conference (PMC) was held in Newport Beach, Calf. in June 2001. Attended by over 100 participants, the success of the first PMC set the precedent for annual summer conferences held in Southern California.

In it’s 7th year, the PMC has become the voice of the mortgage industry for the advancement of predictive technology and intelligent decisioning tools. PMC has grown in attendance to over 400 attendees including lenders, rating agencies, regulators and technology vendors. Created out of a need to understand the new advanced technologies being used to push the mortgage industry forward, PMC educates the mortgage industry on the latest risk management strategies and best practices for automated valuation tools.

The success of PMC is the result of continued dedication and focus on the content of the programming. PMC is not a users group or a product marketing pitch. Instead, companies discuss critical issues, market outlooks, and technology solutions all before an audience in the intent of educating the industry. Participants leave year after year with a better understanding of the advanced analytic tools being implemented and developed for the industry.

PMC opens the black box giving companies the knowledge to fully utilize, test and implement predictive analytics for smarter decisioning.

PMC’s founders believed the industry needed a place where competitors and business associates alike could conduct open dialog on relevant topics, discuss solutions and network with industry experts on topics relative to their business’ success. Encouraging participation from all industry participants in risk management, PMC is unique in that competitors come together to hear industry experts reveal solutions to critical issues and educate on what is possible… all pushing the industry to the next level.

PMC has become a leader in disseminating information through its high-quality presentations, innovative panel discussions and interactive sessions. In 2006 the first edition of RiskWire Magazine was launched in June at the conference and it included industry articles, conference updates, speakers and agenda information.

The 7th Annual PMC is being held June 11-13, 2007 at the St. Regis Resort & Spa Monarch Beach, Calif. Current participants include Wachovia, HSBC, Bank of America, JPMorgan Chase, Morgan Stanley, Lehman Brothers, Freddie Mac, Bear Stearns, Goldman Sachs, GMAC-RFC, Wells Fargo, Washington Mutual, C-Bass, Merrill Lynch, Dominion Bond, S&Ps, Moody’s and many others. Click to view the agenda and speakers page. For up-to the minute details join RiskWire Newsletter and stay abreast of the latest news and events pertaining to risk management.