RiskSpan Announces Enhancement of RS EDGE to Include GSE Credit Performance Loan Level Data
NEW YORK, May 7, 2013 /PRNewswire/ -- Attending the MBA National Secondary Market Conference and Expo, RiskSpan announced that its data analysis tool, RS EDGE, is now available for use to subscribers of Fannie Mae and Freddie Mac historical loan-level credit performance data.
The data released by the GSEs includes origination and monthly loan performance on over 30 million fully amortizing 30-year fixed rate mortgages. This data will help RiskSpan clients and the broader investor community build credit models that enhance investment decisions on upcoming risk sharing transactions expected to be issued by Fannie Mae and Freddie Mac.
"Loan level credit performance data from the GSEs has been widely sought after for years. The release of loan level data on a representative population of mortgages acquired by the GSEs is a significant step in transparency for mortgage investors and will support the dissemination of credit risk in the private markets. Our customers asked for tools that quickly turn loan level data into information-based decisions," said Pat Greene, Vice President of RiskSpan.
RS EDGE now enables subscribers of GSE loan level data the ability to perform a wide range of analysis and will better position investors to participate in any future credit risk-sharing transactions. Other analysis that can be performed on the data includes measuring credit risk associated with agency backed loans, development of credit models based on loan level data, and development of default timing curves based on the historical data.
RS EDGE offers users unsurpassed access to loan level and pool level data on agency securities. The data analysis tool provides a flexible user interface that supports intuitive analysis of credit and prepayment data and actionable reporting delivered quickly to decision-makers. Through RS EDGE, RiskSpan clients can create customized queries to analyze the loan level data within seconds to understand the drivers of agency credit risk. The real time analytics of RS EDGE empowers RiskSpan customers with the ability to query huge data-sets informing actionable decision making.
Founded in 2001, RiskSpan provides fully integrated solutions that combine powerful analytics, data and expert consulting services. The firm's risk management solutions and techniques are designed to meet a diverse range of mortgage needs encompassing Analytics, Modeling, Data Management, and Regulatory and Operational Risk.
Media Contact: Allen H. Jones: 202-441-1854 [email protected]
SOURCE RiskSpan, Inc.
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article