RiskSpan Releases Loan Valuation, Portfolio Management Software
RiskSpan, a Stamford, Conn.-based mortgage and consumer loan trading and analytics released its RS Velocity whole loan valuation and portfolio management platform. The software combines data management tools, analytics and reporting capabilities into a Web-based platform. It allows originators, portfolio investors and secondary market investors to analyze credit and prepayment trends, project future performance and establish fair market values across a wide range of potential economic and interest rate scenarios, the company said. By combining historical data with forecasting capabilities, clients can customize modification programs, estimate loan loss reserves, project income and monitor and manage performance across individual products, origination channels and servicers, the company said. The firm added it will showcase the new software at the Mortgage Bankers Association convention later this month. Write to Austin Kilgore.