RiskSpan Announces Version 2.0 Release of the RS Credit Model for Residential Mortgages
RiskSpan’s Residential Mortgage Credit Model has been updated to version 2.0, incorporating:
- Updated loan performance data through 2015,
- Improved modeling of delinquent loan cure rates, and
- Expanded coverage to include second liens and agency loan types.
- Considering macroeconomic factors, such as home price, unemployment, and interest rates,
- Incorporating prepayment behavior, and
- Providing life-of-loan results.