A pricing engine claims that it is the only company to offer both servicing-retained and servicing-released pricing for Freddie Mac programs. The operator of a mortgage trading platform has enhanced its offerings with additional details about loans traded through its service. And credit scoring options have increased for loan investors.
Freddie Mac’s servicing released pricing has been programmed into NYLX’s LoanDecisions product eligibility and loan pricing platform, a recent press release said. LoanDecisions claims it is the only pricing engine to currently provide servicing-retained and -released pricing for Freddie’s conforming 15- and 30-year products. The service is only available to Freddie’s approved seller-servicers.
DXMarket Data has been launched as a new information service that provides secondary buyers with improved insight and analysis on transactions executed through the DebtX trading platform, a March 15 statement said. The subscription service includes secondary marketing commentary, collateral prices for securitized commercial mortgages and the current level of available secondary capital. The service also includes commercial mortgage lending spreads for income-producing property types.
Standard and Poor’s Ratings Services certified RR Donnelley & Sons Co.’s global real estate services offering as a third-party due diligence contractor for residential mortgage-backed securities, according to an announcement earlier this month.
From the American Securitization Forum Conference held between Jan. 31 and Feb. 3 in Washington, D.C., Equifax Inc. announced enhancements to its ABS Credit Risk Insight. The expanded offering includes the FICO credit score and several new data variables. The service enables investors to select the score that best addresses their business needs by providing both the FICO and VantageScore risk models.
“ABS Credit Risk Insight is the industry’s first solution to enable investors to link mortgage loan-level data on the entire universe of non-agency mortgage securities to up-to-date borrower credit data,” the statement said.
