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The Data Model That Powers Private ABS: Why Purpose-Built Architecture Chan...
Private asset-backed securities don't follow the same rules as public securitizations. The structures are more diverse. The triggers are more nuanced. The collateral is more
A Day of Rest? Explaining November’s Spike in Non-QM Delinquencies
The just-released non-agency performance data (from November 2025) grabbed more than a few headlines. Non-QM loans saw a notable jump in early-stage delinquencies, raising understandable
What a Year of Building AI in Structured Finance Actually Taught Us
The lessons nobody puts in the demo. In 2025, our team built production AI systems that process billions of performance records for tens of millions
Hot Take on Fannie and Freddie Buying $200B of Mortgage Bonds
Continue reading below or watch Stephen Rudner's hot take on video. Logistics questions are top of mind this morning for our customers who are Fannie,
Higher for Longer: What RiskSpan’s December Models & Markets Call Signals f...
Register here for this month’s call: Thursday, January 22nd, 2026, 1 p.m. ET. Just before the holidays, RiskSpan’s quantitative modeling team hosted its December Models & Markets call, offering its monthly,
RiskSpan’s February 2026 Models & Markets Call
Register here for our next monthly model update call: Thursday, February 19th at 1:00 ET. For highlights from our most recent call (December), click here.
Update on Delinquency Trends in the Non-Agency Mortgage Market
This post provides an update on delinquency rate trends observed in the Non-Agency mortgage market with a deep dive on different vintages and credit segments
Modernizing the Advance: Using Data to Innovate Collateral-Backed Lending
By David Andrukonis & Thomas Pappalardo Advances haven’t changed much. But the data behind them has. For decades, the Federal Home Loan Bank System (FHLBanks)
Build vs. Buy: A Strategic Framework for Private ABF Technology Decisions
Private ABF managers are facing a critical infrastructure decision as they scale: build proprietary technology systems in-house, or partner with an established platform? This decision
Are Lock-In Effects Really Easing? Insights from November’s Models & Market...
Register here for next month’s call: Thursday, December 18th, 2025, 1 p.m. ET. Each month, we host a Models & Markets call to offer our
RiskSpan Releases Credit and Prepayment Curves for Auto and Personal Loans
Powered by loan-level performance data sourced from Equifax® Arlington, VA – November 19, 2025 – RiskSpan, a leading provider of data analytics solutions for the
Are You Overpaying for VA Prepay Risk in Ginnie II Pools?
Recent history is showing a persistent (and widening) gap between VA and FHA loan prepayment speeds in Ginnie Mae securities. Over the past 33 months,
The Data Model That Powers Private ABS: Why Purpose-Built Architecture Changes Everything
Private asset-backed securities don't follow the same rules as public securitizations. The structures are more diverse. The triggers are more
A Day of Rest? Explaining November’s Spike in Non-QM Delinquencies
The just-released non-agency performance data (from November 2025) grabbed more than a few headlines. Non-QM loans saw a notable jump
What a Year of Building AI in Structured Finance Actually Taught Us
The lessons nobody puts in the demo. In 2025, our team built production AI systems that process billions of performance
Hot Take on Fannie and Freddie Buying $200B of Mortgage Bonds
Continue reading below or watch Stephen Rudner's hot take on video. Logistics questions are top of mind this morning for
Higher for Longer: What RiskSpan’s December Models & Markets Call Signals for 2026
Register here for this month’s call: Thursday, January 22nd, 2026, 1 p.m. ET. Just before the holidays, RiskSpan’s quantitative modeling team hosted its December Models &
Update on Delinquency Trends in the Non-Agency Mortgage Market
This post provides an update on delinquency rate trends observed in the Non-Agency mortgage market with a deep dive on
Modernizing the Advance: Using Data to Innovate Collateral-Backed Lending
By David Andrukonis & Thomas Pappalardo Advances haven’t changed much. But the data behind them has. For decades, the Federal
Build vs. Buy: A Strategic Framework for Private ABF Technology Decisions
Private ABF managers are facing a critical infrastructure decision as they scale: build proprietary technology systems in-house, or partner with
Are Lock-In Effects Really Easing? Insights from November’s Models & Markets Call
Register here for next month’s call: Thursday, December 18th, 2025, 1 p.m. ET. Each month, we host a Models &
RiskSpan Releases Credit and Prepayment Curves for Auto and Personal Loans
Powered by loan-level performance data sourced from Equifax® Arlington, VA – November 19, 2025 – RiskSpan, a leading provider of
Are You Overpaying for VA Prepay Risk in Ginnie II Pools?
Recent history is showing a persistent (and widening) gap between VA and FHA loan prepayment speeds in Ginnie Mae securities.
Consumers Under Pressure as Markets Seek Stability: October Models & Markets Recap
Register here for next month’s call: Thursday, November 20th, 2025, 1 p.m. ET. Each month, we host a Models &
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