Collateral Analytics (CA), a provider of automated valuation solutions and real estate analytic products for large lenders and the financial services industry, has enhanced its Credit Risk Model (CRM) to provide similar analysis for seasoned loans.
The CRM for seasoned loans provides information about the credit risk associated with a mortgage that has been originated in the past. This product combines CA's automated valuation model with its proprietary home price forecasts and metro-level default and prepayment models to predict the profitability of a residential mortgage.
‘Our CRM product is designed for lenders [that] seek additional information about the credit risk in their portfolio and the capital required to meet stress scenarios,’ says Michael Sklarz, president and CEO of CA, in a release. ‘It can be also utilized by investors to assess the potential value and risk associated with individual loans, mortgage portfolios or [residential mortgage-backed securities] pools.’
