Freddie Mac says it has developed behavior models that distinguish a late-paying mortgage borrower with a temporary cash crunch from one in the throes of serious financial trouble.

The models, called Payment Prospector, can help lenders focus collection efforts on borrowers whose loan payment histories and loan-to-value ratios suggest they won't catch up with payments, and could lose their homes to foreclosure, said Paul T. Peterson, senior vice president of Freddie Mac's servicer division.

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