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Striking a Proper Balance: ESG for Structured Fina...
| RiskSpan
The securitization market continues to wrestle with the myriad of approaches and lack of standards in identifying and reporting ESG factors in transactions and asset

Why Climate Risk Matters for Mortgage Loan & ...
| RiskSpan
The time has come for mortgage investors to start paying attention to climate risk.Until recently, mortgage loan and MSR investors felt that they were largely

FHFA Prepayment Monitoring Reports (Q1 2022) Power...
| RiskSpan
To help enforce alignment of Agency prepayments across Fannie’s and Freddie’s Uniform MBS, the Federal Housing Finance Agency publishes a quarterly monitoring report. This report

Daniel Fleishman Joins RiskSpan’s MSR Team
| RiskSpan
ARLINGTON, Va., May 3, 2022 -- RiskSpan, a leading provider of residential mortgage and structured product data and analytics, has appointed Daniel Fleishman as Managing

Webinar: How Much Will That MSR Portfolio Really C...
| RiskSpan
June 8th | 1:00 p.m. ET Accurately valuing a mortgage servicing rights portfolio requires accurately projecting MSR cash flows. And accurately projecting MSR cash flows

Senior Home Equity Rises Again to $10.6 Trillion
| RiskSpan
Homeowners 62 and older saw their housing wealth grow by some $405 billion (3.8 percent) during the fourth quarter of 2021 to a record $10.6

RiskSpan Announces Cloud-Native Mortgage Servicing...
| RiskSpan
ARLINGTON, Va., Mortgage fintech leader RiskSpan announced today that it has added a Mortgage Servicing Rights (MSR) application to its award-winning on-demand analytics Edge Platform.

Surge in Cash-Out Refis Pushes VQI Sharply Higher
| RiskSpan
A sharp uptick in cash-out refinancing pushed RiskSpan's Vintage Quality Index (VQI) to its highest level since the first quarter of 2019. RiskSpan's Vintage Quality

EDGE: Cash-Out Refi Speeds
Mortgage rates have risen nearly 200bp from the final quarter of 2021, squelching the most recent refinancing wave and leaving the majority of mortgage holders

Industry Virtual Roundtable: The Intersection of C...
| RiskSpan
April 14th | 2:00-3:15 p.m. ET With both the public and private sectors increasingly making climate risk management a priority, attention in our industry is

EDGE: Recent Performance of GNMA RG Pools
In early 2021, GNMA began issuing a new class of custom pools with prefix “RG.” These pools are re-securitizations of previously delinquent loans which were

Incorporating Climate Risk into ERM: A Mortgage Ri...
Climate risk is becoming impossible to ignore in the mortgage space.President Biden’s May 2021 Executive Order makes clear that quantifying and mitigating climate risk will
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Open Source Software for Mortgage Data Analysis
RiskSpan |
While open source has been around for decades, using open source software for mortgage data analysis is a recent trend.

Balancing Internal and External Model Validation Resources
RiskSpan |
The question of “build versus buy” is every bit as applicable and challenging to model validation departments as it is

Credit Risk Transfer: Front End Execution – Why Does It Matter?
RiskSpan |
This article was originally published on the GoRion blog. Last month I described an overview of the activities of Credit

Performance Testing: Benchmarking Vs. Back-Testing
RiskSpan |
When someone asks you what a model validation is, what is the first thing you think of? If you are

4 Questions to Ask When Determining Model Validation Scope
RiskSpan |
Model risk management is a necessary undertaking for which model owners must prepare on a regular basis. Model risk managers

Managing Model Risk and Model Validation
RiskSpan |
Over the course of several hundred model validations we have observed a number of recurring themes and challenges that appear

Preparing for Model Validation: Ideas for Model Owners
RiskSpan |
Though not its intent, model validation can be disruptive to model owners and others seeking to carry out their day-to-day

New Capital Planning Expectations for Large Financial Institutions and What It Means For You
The Federal Reserve Board (FRB) recently released regulatory guidance outlining its capital planning expectations for large financial companies. The guidance

RDARR: Principles for Effective Risk Data Aggregation and Risk Reporting
RiskSpan |
Background and Impetus for RDARR The global financial crisis revealed that many banks had inadequate practices for timely, complete, and

Vendor Model Validation
RiskSpan |
Many of the models we validate on behalf of our clients are developed and maintained by third-party vendors. These validations

Model Validation: Is This Spreadsheet a Model?
RiskSpan |
As model validators, we frequently find ourselves in the middle of debates between spreadsheet owners and enterprise risk managers over

Reducing the Cost of Model Validation Programs
RiskSpan |
Across the financial services industry, increased oversight has led to significant increases in expenses related to assessing and monitoring risk.
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