Kroll Factual Data and MIAC Analytics offer real-time integrated analytical data to financial services companiesMortgagePress.comKroll Factual Data, MIAC Analytics, business information solutions, loan collateral risk assessment
Kroll Factual Data, a provider of business information solutions
to financial organizations, and MIAC Analytics, a provider of
post-origination and secondary mortgage pricing, hedging,
accounting and risk management solutions, have announced an
alliance to provide whole loan collateral risk assessment to
mortgage investors and risk managers.
"Our alliance with Kroll Factual Data provides real-time risk
metrics to help our clients measure the fundamental risks caused by
the current financial crisis," said Paul Van Valkenburg, principal
at MIAC. "Together, we are providing our customers with current
loan value and borrower credit information to manage portfolio risk
accurately and in a timely manner. Through this partnership, we can
deliver information within hours that once took days or weeks."
Kroll Factual Data assesses consumer data to help clients more
accurately evaluate loan characteristics, transfer risk and
increase safety and soundness. MIAC Analytics' integrated software
products assist with deriving loan loss reserve calculations,
pricing and valuation of mortgage-based assets and OTTI for
securities. The integration of Kroll Factual Data's updated risk
metrics, lender data and collateral behavior assumptions derived
with MIAC's analytic tools provides for faster, more comprehensive
loan evaluation and pricing.
"Through this joint venture, we offer a unique combination of
tools for whole loan valuation," said Jeff Gentry, vice president
of Kroll Factual Data. "Receiving data through our integrated
method is cost-effective and highly automated. Clients will better
understand risk and make smarter, more efficient decisions based on
our data results."
Kroll Factual Data provides a wide range of services, which
include resident screening, collection information services, and
business information services. MIAC Analytics offers a secondary
risk management software suite that consists of DataRaptor,
MarketShield, WinOAS and ALM/VAST.
For more information, visit www.krollfactualdata.com and www.miacanalytics.com.