Secondary Market

We already host a growing number of commonly used databases like the Agency pool data and the LoanPerformance non–Agency loan–level data. Such databases can be made available to customers almost immediately. We can also host other databases and even allow customers to upload their own data. Either way, users can dynamically join any database to any other and can easily perform analysis using combinations of data including loan information, interest rates, unemployment rates, housing price series, etc. Customers can also create and track their own mortgage or asset–backed portfolios.

Our browser interface is as easy to use as a spreadsheet but allows the user to look at and manipulate virtually unlimited amounts of data. Even complicated analyses on large amounts of raw data run in minutes or seconds. The user may do prepayment or default analysis on hundreds of millions of loan–level records and develop analyses that can be used in real–time trading decisions. In addition, we provide an application program interface (API) that allows customers to connect their own applications directly to the data or reproduce batch–reporting capabilities that run in minutes, not hours.

Since the user has direct access the raw data, there are no restrictions on the kinds of analysis that can be done. Applications are limited only by one’s imagination.