MPC provides many levels of analysis on RMBS securities. Our deepest look often includes a focus on servicer performance and data quality. We commonly call servicers and scrub data tapes to determine the true stories hidden within the collateral and transaction structure.
Our RMBS analysis clearly shows:
- Generation of loan-level assumptions
- Timing of expected losses and principal repayment for any type of RMBS securities, including Jumbo RMBS, Subprime RMBS, Alt-A RMBS, and Prime RMBS
- Multiple cash flow stresses incorporating default and loss assumptions at the underlying collateral level
- Transparent assumptions
- Credit enhancement
- Synopsis of errors or discrepancies in deal documentation and calculation
- Clear picture of underlying collateral and obligors ability to pay based upon jurisdiction, credit score and leverage
- Hedging risks
- Servicer performance
