Fannie Mae and Freddie Mac Launch New Uniform Mortgage-Backed Security (UMBS)

Today, Fannie Mae and Freddie Mac begin issuing the long-awaited Uniform Mortgage-Backed Security (UMBS). The Federal Housing Finance Administration (FHFA) conceived of this new standard in its 2012 “A Strategic Plan for Enterprise Conservatorships,” which marked the start of the Single Security Initiative (the history of which is laid out in the graphic below).  RiskSpan produces FHFA’s quarterly...

Fannie May and Freddie Mac Launch Uniform Mortgage-Backed Securities (UMBS)

RiskSpan Adds Whole Loan Analytics to Edge Platform

RiskSpan Adds Whole Loan Analytics to Edge Platform  ARLINGTON, VA, May 20, 2019 – Leading mortgage data and analytics provider RiskSpan announced the release of its Whole Loan Analytics Module on the RiskSpan Edge Platform. The module enables whole loan investors, portfolio managers, and risk managers to manage loan-level data flows and predictive models that forecast loan performance under a range of scenarios.  The off-the-shelf SaaS version supports whole loan pricing and surveillance. It enables complex forecasting analytics including geographically granular House Price scenarios and historically significant economic event scenarios. Other features and custom configurations are also...

Whole Loan Analytics

Growing Benefits of Big Data

2018 is poised to further revolutionize the way companies use Big Data to improve their financial bottom lines. The term Big Data generally refers to a dataset that is too large to be efficiently administered and evaluated by a traditional relational database. Its meaning has recently expanded, however, to include advanced technologies that can store,…