CreditParsePro Release v1.4.0

CreditParsePro v1.4.0 has released! This comprehensive update introduces mortgage status categorization, excess obligations analysis for general installment loans, and granular delinquency tracking across all tradeline types. These enhancements enable more sophisticated credit risk assessment through detailed mortgage analysis, identification of excessive financial obligations, and comprehensive delinquency patterns by loan category.

Mortgage Status Categorization

We've extended our status tracking capabilities to include mortgage accounts with the same comprehensive categorization available for other tradeline types:

• total_count_current: Mortgage accounts in good standing
• total_count_delinquent: Mortgage accounts with payment issues
• total_count_late_stage_delinquent: Severely delinquent mortgage accounts

Enhanced Installment Status Tracking

We've refined our installment account status categorization to exclude both student loans and mortgages, providing cleaner analysis of traditional consumer installment loans:

Updated Status Fields

• total_count_current_no_student_loans_no_mortgage: Current traditional installment accounts
• total_count_delinquent_no_student_loans_no_mortgage: Delinquent traditional installment accounts
• total_count_late_stage_delinquent_no_student_loans_no_mortgage: Severely delinquent traditional installment accounts

This refinement ensures mortgage accounts are properly segregated into their own analysis category while maintaining clean installment loan metrics.

Excess Obligations Analysis

We've introduced comprehensive tracking for general installment loans that don't fit into specific categories (auto, recreational, student, or mortgage). These "excess obligations" represent secured or unsecured general installments that may indicate financial overextension:

Excess Obligations Metrics

• total_count_excess_obligations: Total count of general installment accounts
• open_count_excess_obligations: Count of currently open general installments
• original_open_sum_excess_obligations: Sum of original loan amounts for open accounts
• open_sum_excess_obligations: Current outstanding balances for open accounts

These metrics enable identification of borrowers with multiple non-categorized installment obligations that may represent elevated risk profiles.

Granular Delinquency Tracking by Tradeline Type

We've expanded our 30, 60, and 90-day delinquency tracking from overall summaries to detailed breakdowns by specific tradeline types, enabling precise risk assessment across different loan categories.

Revolving Account Delinquencies

• 30_days_sum: Total 30-day late payments on revolving accounts
• 60_days_sum: Total 60-day late payments on revolving accounts
• 90_days_sum: Total 90-day late payments on revolving accounts

Mortgage Account Delinquencies

• 30_days_sum: Total 30-day late payments on mortgage accounts
• 60_days_sum: Total 60-day late payments on mortgage accounts
• 90_days_sum: Total 90-day late payments on mortgage accounts

Installment Account Delinquencies

• 30_days_sum: Total 30-day late payments on all installment accounts
• 60_days_sum: Total 60-day late payments on all installment accounts
• 90_days_sum: Total 90-day late payments on all installment accounts

Traditional Installment Delinquencies (Excluding Student Loans and Mortgages)

• 30_days_sum_no_student_loans_no_mortgage: 30-day lates on traditional installments
• 60_days_sum_no_student_loans_no_mortgage: 60-day lates on traditional installments
• 90_days_sum_no_student_loans_no_mortgage: 90-day lates on traditional installments

Auto Loan Delinquencies

• 30_days_sum_auto: Total 30-day late payments on auto loans
• 60_days_sum_auto: Total 60-day late payments on auto loans
• 90_days_sum_auto: Total 90-day late payments on auto loans

Recreational Loan Delinquencies

• 30_days_sum_recreational: Total 30-day late payments on recreational loans
• 60_days_sum_recreational: Total 60-day late payments on recreational loans
• 90_days_sum_recreational: Total 90-day late payments on recreational loans

Advanced Risk Assessment Through Loan Segmentation

The introduction of excess obligations tracking addresses the need to identify borrowers with multiple general installment obligations that may not be captured by traditional loan categories. These accounts often represent personal loans, debt consolidation loans, or other financial products that can indicate overextension.

Enhanced Mortgage Analysis

With dedicated mortgage status tracking and delinquency metrics, analysts can now perform specialized mortgage risk assessment separate from other installment products, enabling more accurate portfolio analysis and risk modeling.

Comprehensive Delinquency Pattern Analysis

The granular delinquency tracking by tradeline type enables identification of specific problem areas in a borrower's credit profile. This segmentation reveals whether delinquency issues are concentrated in specific loan types or represent broader financial management challenges.

Implementation Notes

These new fields are now available in all API responses. No changes to your existing integration are required to access these new fields – they'll automatically appear in your responses.

For detailed documentation on the new fields, visit our GitHub API Documentation.