RiskVal Unveils New Cloud-Based Risk Management System – NMP Skip to main content

RiskVal Unveils New Cloud-Based Risk Management System

Dec 26, 2013

RiskVal Financial Solutions has announced the launch of RVMortgage, a cloud-based risk management platform covering residential mortgages. RVMortgage simulates future home loan performance using econometric models. Users can run Monte Carlo simulation on numerous risk factors, including interest rates and housing price index (HPI) levels, to understand the impact of those stresses on the individual loan level. Results can be aggregated at varying degrees of detail and then output or graphed. Loan-level data on forty-million individual U.S. mortgages powers these simulations. This data, including actual historical and spot paydown rates, outstanding principal, and other observable factors, makes the simulation of potential future events significantly more accurate. The platform is hosted in a SAS70/SOC1-certified data center. Users access the platform via a web-based interface that is intuitive and that features numerous prepackaged features and criteria. For example, loans can be grouped and analyzed based on specific characteristics, including metropolitan statistical area (MSA), State and borrower credit score, all of which are available in the interface. “We are pleased to release this innovative solution, which offers market participants a greater level of transparency into the risks associated with individual mortgages and the securitized products constructed using them," said Nigel Snowdon, vice president at RiskVal. "Our robust simulation models, available through a lightweight, hosted platform, will help investors to more effectively manage and report on risk.”
Dec 26, 2013
SEC: Angel Oak Capital Advisors Misled Investors

Company, portfolio manager agree to pay $1.825M combined in civil penalties.

Regulation and Compliance
Aug 10, 2022
MISMO Seeks Public Comment On 3 eMortgage Resources

Updates proposed to MISMO Business Glossary, eMortgage Glossary, and eModification Reference Flyer.

Regulation and Compliance
Aug 05, 2022
As Expected, The Fed Raises Rate By Another 0.75%

Experts say housing industry will shrug off the latest increase.

Regulation and Compliance
Jul 27, 2022
AmTrust Ends 'No-Poach' Agreement, Pays $1.25M Fine In Deal With N.Y. AG

Company also agrees to cooperate with ongoing investigations of the title insurance industry.

Regulation and Compliance
Jul 25, 2022
NAR Chief Economist: Nationwide Home Price Decline Won't Happen Soon

Lack of inventory continues to support growth in prices, which have increased year over year for 124 straight months.

Regulation and Compliance
Jul 22, 2022
FHFA Director: Fannie, Freddie Need $300B Combined In Capital

So far, the enterprises combined have built $83.5 billion in reserves, or about 27% of the target.

Regulation and Compliance
Jul 21, 2022