RiskSpan VQI: Current Underwriting Standards – September 2018

VQI held steady for the September at 99.31 compared to 99.43 in August. There was a small increase in proportion of loans made made for cash-out refinance. However, there was a slight reduction in loans made to Investors which offset the increase. VQI below 100 indicates stricter underwriting standards compared to January 2003. RiskSpan introduced the VQI in 2015 as a…

RiskSpan Edge Platform CECL

The RiskSpan Edge Platform Allowance (CECL) Module delivers the technology platform and expertise to take you from where you are today to producing audit-ready CECL estimates. Our dedicated CECL Module executes your monthly loss reserving and reporting process under the new CECL standard, covering data intake, segmentation, modeling, and report generation within a single platform….

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CRT Deal Monitor: Understanding When Credit Becomes Risky

This analysis tracks several metrics related to deal performance and credit profile, putting them into a historical context by comparing the same metrics for recent-vintage deals against those of ‘similar’ cohorts in the time leading up to the 2008 housing crisis. You’ll see how credit metrics are trending today and understand the significance of today’s…

RiskSpan Adds Home Equity Conversion Mortgage Data to Edge Platform

ARLINGTON, VA, September 12, 2018 — Leading mortgage data analytics provider RiskSpan added Home Equity Conversion Mortgage (HECM) Data to the library of datasets available through its RS Edge Platform. The dataset includes over half a billion records from Ginnie Mae that will expand the RS Edge Platform’s critical applications in Reverse-Mortgage Analysis. RS Edge…

RiskSpan VQI: Current Underwriting Standards – August 2018

RiskSpan’s Vintage Quality Index (VQI) held mostly steady in August, nudging up to 99.43 compared to 99.02 in July. The slight increase (indicative of generally looser underwriting standards) reflects modest increases in the proportion of high-LTV (over 80%) loans and mortgages with second liens behind them. These increases were offset for the most part by…

RiskSpan to Offer Credit Risk Transfer Data Through Edge Platform

ARLINGTON, VA, September 6, 2018 — RiskSpan announced today its rollout of Credit Risk Transfer (CRT) datasets available through its RS Edge Platform. The datasets include over seventy million Agency loans that will expand the RS Edge platform’s data library and add key enhancements for credit risk analysis.  RS Edge is a SaaS platform that integrates normalized data, predictive models…

RiskSpan VQI: Current Underwriting Standards – July 2018

RiskSpan’s Vintage Quality Index (VQI) fell below 100 for the first time in 2018, settling at 99.02 and continuing a trend of mild tightening in underwriting standards. The decline was driven in part by a slight decrease in the proportion of high-LTV loans, cash-out refis, and single-borrower loans. The remaining risk layers held fairly constant. RiskSpan…