Model Validation - RiskSpan

Model Validation

Get clear and comprehensive model validation reports that satisfy internal stakeholders and meet regulator requirements.

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Conceptual Soundness

We test the reasonableness of model data inputs, assumptions, and calculations by assessing how coefficients were selected, confirming that their selection is justified using developmental evidence, and reviewing all model documentation.

Ongoing Monitoring

Our validators benchmark model outputs across a wide range of shock scenarios using RiskSpan’s suite of proprietary credit, prepayment, and valuation models. Whether coded in SAS, R, Excel, or Python, we ensure model consistency with critical documentation and best practices.

Outcomes Analysis

We tailor the statistical tests for back-testing to the specifics of each model under review and work with your team to develop thresholds and tolerance levels appropriate for each model, their respective outputs, and each use case. Recommendations are adapted to your needs when recalibration is required.

Get clear and comprehensive model validation reports that satisfy internal stakeholders and meet regulator requirements.

Resources

Article

New Refinance Lag Functionality Affords RiskSpan Users Flexibility in Higher Rate Environments

New Refinance Lag Functionality Affords RiskSpan Users Flex...

ARLINGTON, Va., September 29, 2022 -- RiskSpan, a leading technology company and the most comprehensive source for data management and analytics for residential mortgage and structured products, has announced that

Climate risk pricing adjustments

Quantifying the Impact of Climate Risk on Housing Finance

When people speak of the risk climate poses to housing, they typically do so in qualitative and relative terms. A Florida home is at greater risk of hurricane damage than

Industry Veteran Patricia Black Named RiskSpan Chief Client Officer

Industry Veteran Patricia Black Named RiskSpan Chief Client...

ARLINGTON, Va., Sept. 19, 2022 -- RiskSpan, a leading technology company and the most comprehensive source for data management and analytics for residential mortgage and structured products, has appointed Patricia

CECL modeling

Webinar Recording: Bumpy Road Ahead for GNMA MBS?

Recorded: Thursday, September 29th | 3:30 p.m. EDT The panel discusses the likely impact of recent, and potential future, market events on GNMA MBS. Topics for discussion will include: How

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“Reject Inference” Methods in Credit Modeling: What are the...

Reject inference is a popular concept that has been used in credit modeling for decades. Yet, we observe in our work validating credit models that the concept is still dynamically

Rising Rates; Rising Temperatures: What Higher Interest Rates Portend for Mortgage Climate Risk -- An interview with Janet Jozwik

Rising Rates; Rising Temperatures: What Higher Interest Rat...

Janet Jozwik leads RiskSpan’s sustainability analytics (climate risk and ESG) team. She is also an expert in mortgage credit risk and a recognized industry thought leader on incorporating climate risk

How Do You Rate on Fannie Mae’s New Social Index?

How Do You Rate on Fannie Mae’s New Social Index?

Quick take-aways HMDA data contains nearly every factor needed to replicate Fannie Mae’s Single Family Social Index. We use this data to explore how the methodology would look if the

Live Demo of RiskSpan’s Award-Winning Edge Platform–3

Live Demo of RiskSpan’s Award-Winning Edge Platform–3

Wednesday, August 24th | 1:00 p.m. EDT Live Demo of RiskSpan’s award-winning Edge Platform. Learn more and ask questions at our bi-weekly, 45-minute demo.Historical Performance Tool: Slice and dice historical

RiskSpan Introduces Multi-Scenario Yield Table

RiskSpan Introduces Multi-Scenario Yield Table

ARLINGTON, Va., August 4, 2022 RiskSpan, a leading provider of residential mortgage and structured product data and analytics, has announced a new Multi-Scenario Yield Table feature within its award-winning Edge

It’s time to move to DaaS — Why it matters for REITs, loan and MSR investors

It’s time to move to DaaS — Why it matters for REITs, loan ...

Data as a service, or DaaS, for REITs, loans and MSR investors is fast becoming the difference between profitable trades and near misses.Granularity of data is creating differentiation among investors.

Senior Home Equity Rises Again to $11.12 Trillion

Senior Home Equity Rises Again to $11.12 Trillion

Senior home equity rises again. Homeowners 62 and older saw their housing wealth grow by an estimated 4.9 percent ($520 billion) during the first quarter of 2022 to a record

RiskSpan Introduces Media Effect Measure for Prepayment Analysis, Predictive Analytics for Managed Data

RiskSpan Introduces Media Effect Measure for Prepayment Ana...

ARLINGTON, Va., July 14, 2022 RiskSpan, a leading provider of residential mortgage and structured product data and analytics, has announced a series of new enhancements in the latest release of

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