Housing professionals are turning to advanced analytics to better understand risk, increase performance and flexibility. The problem is that mortgage data can be difficult to analyze due to its complexity.
Refinitiv Advanced Mortgage Analytics (AMA) simplifies the complex data transformation process by emphasizing the ability to manipulate and extract data. This high-performance, ultra-dynamic, big data agency mortgage loan analytics platform gives mortgage servicers a competitive edge.
With an interface designed to enable flexibility, AMA users are given access to an extensive amount of data. They can build and save reports, share reports amongst users in a firm and perform quick data exports for upload into in-house or third-party analytical tools.
AMA allows users to examine their issuance and servicing to either identify and address counterparty concerns or conversely highlight the more saleable aspects of their production. The data-set can be filtered and grouped by over 150 loan characteristics. This enables clients to gain new insights by running multiple nuanced queries instantaneously without coding complex queries. With this platform, new queries can be defined with ease; no programming experience or knowledge of SQL is required.
AMA features unique ways to present prepayments, including chronological prepayment ramps based on loan seasoning, pool seasoning and seasoning post servicing transfer. Users can quickly find prepay stories that are being monetized by other issuers or find new prepay stories in their own issuance. New content and analyses are also added on a regular basis based on regulatory and policy changes, such as non-primary residence percentages and multiple risk factor analyses.
Servicing buyers and correspondent buyers use AMA to grow and build their servicing portfolio by analyzing servicing seller strategies, market share and potential adverse selection of MSRs within their own acquisitions.
Users appreciate the speed of analytics and ease of customization with AMA. The platform comes with pre-defined template “starting points,” which serve as gateways into different data analytics, including servicing transfers, prepayment ramps, channel analysis, MBS pooling strategy, serving and seller rankings. The ability to monitor prepayment performance allows users to understand how servicing buyers, regulators and GSEs view their CPRs. These reports help to validate and guide longer-term retention, recapture and origination/servicing strategies.
AMA also helps provide context around the FHFA/Treasury PSPA caps for compliance and comparisons to other agency sellers. Specific analytics address the non-primary residence caps, cash window caps and risk factor caps.
When AMA was first launched, Refinitiv already had a community of over 400 independent mortgage bankers, bank pipeline hedgers and mortgage servicers on the Tradeweb platform. This community accounted for over 75% of U.S. agency MBS issuance.
It became apparent that mortgage bankers needed greater transparency in agency issuance and prepay performance, which is what guided the decision to build AMA. Today, this mortgage loan analytics solution offers unparalleled speed, performance, and flexibility.
Product Snapshot: Refinitiv Advanced Mortgage Analytics simplifies a complex data transformation process and immediately offers effortless access to trusted big data analytics.