New screening system a credit to landlords.On-Site on-site adj. Done or located at the site, as of a particular activity: on-site monitoring of a production run; an on-site film shoot. .com, a leader in Web-based resident screening and lease technology for apartment managers, has introduced a new level of risk scoring to the multifamily industry. In addition to traditional credit histories, which are widely used to rank potential renters, On-Site.com's service allows managers to approve more applications by focusing on attributes that predict quality renters and ignoring those that do not. On-Site.com analyzes raw data provided by sources such as credit bureaus, fraud databases, landlord/tenant court records, criminal courthouses, sex offender sex offender n. generic term for all persons convicted of crimes involving sex, including rape, molestation, sexual harassment and pornography production or distribution. registries and terrorist watch-lists, and presents a single report tailored to the needs of each landlord. The system delivers a recommendation to rent using customizable variables useful in predicting resident behavior, rather than generic Generic Describes the characteristics and/or experience of the total universe of a coupon of MBS sector type; that is, in contrast to a specific pool or collateral group, as in a specific CMO issue. scores that are not helpful. The On-Site recommendation incorporates each management company's own policies, rather than using a "black box" formula to measure theoretical risk. A model like On-Site's is able to offer instant approvals by automating the evaluation of prospective residents. |
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