Mortgage Data Power
The Industry Leader
Since 1991, LoanPerformance has aggregated data from the U.S. mortgage industry to build the industry’s largest, most comprehensive, most trusted information resources. These massive cooperative databases—which can now be combined with First American CoreLogic's equally formidable property, borrower, and fraud databases as needed—drive the LoanPerformance suite of benchmarking, analytics, and predictive modeling tools, used worldwide by leading institutions that manage, trade, and invest in mortgage risk.
 LoanPerformance information and analytics products are built on a foundation of the industry's biggest and best mortgage, property, borrower, and fraud databases. |
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The size, completeness, and currency of LoanPerformance's data resources give analysts and decision-makers unprecedented statistical accuracy and reliability—making ongoing analysis, benchmarking, evaluation, and predictive modeling more precise (and trustworthy) than that possible using any other available resource.
Enterprise-Class Security
LoanPerformance data resources reside in First American’s enterprise-class data center, a self-sustaining, redundant, CyberTrust-certified, GLB-compliant data infrastructure that includes dual independent power grids, UPS backup power, automatic fire suppression, intrusion detection, robust DMZ zones, multi-level encryption, and robust firewalls. In a disaster, the data center's connections will automatically fail over to a fully redundant offsite center.
Database Types
LoanPerformance's aggregated databases come in two types:
Servicing Databases
Accurate prepayment and default risk assessment is essential to competing successfully in the mortgage servicing business. Few risk-assessment applications depend more on the cleanness, completeness, and size of the source database than servicing analytics, since hundredths of a percent often spell the difference between a servicer’s profitability and loss.
LoanPerformance maintains three industry-standard mortgage servicing databases:
Prime Database
The industry's largest prime mortgage database, LoanPerformance Prime aggregates prime residential firsts to provide an unmatched—and for all practical purposes unmatchable—sixteen-year perspective on the market.
Built in partnership with top US lenders, servicers and GSEs, the LoanPerformance Prime Database includes:
- $6.3 trillion in active prime mortgages
- 80% of the nation’s active prime mortgages
- 100% of the Fannie Mae and Freddie Mac portfolios
- Over four million government loans
LoanPerformance clients leverage the Prime servicing database when using access, analytics, and modeling tools like TrueStandings Servicing, Servicing Scorecard, RiskModel, LoanIQ, TrueLTV, and PreTell.
Subprime Database
LoanPerformance Subprime provides servicers, analysts, and credit managers with the data needed to quantify, understand, and predict—by paper grade—the market's direction and expected prepayment and default levels.
The LoanPerformance Subprime Database includes:
- $542 billion in active subprime mortgages
- B and C grade first and closed-end second lien mortgages
- Data from 20+ of the top subprime lenders
- The only industry-wide source of subprime mortgage origination volume and performance data
With more than nine years' perspective on the unsettled subprime market, LoanPerformance Subprime enables clients to identify current pockets of poor or marginal performance, then set loss reserves, default management parameters, and mitigation objectives accordingly.
LoanPerformance clients leverage the Subprime servicing database when using access, analytics, and modeling tools like TrueStandings Servicing, Servicing Scorecard, RiskModel, TrueLTV, LoanIQ, and PreTell.
HELOC/Seconds Database
With the growth of HELOCs and second liens as a major factor in the mortgage marketplace, the LoanPerformance HELOC/Seconds Database offers the industry its only trustworthy source of prepayment and default information.
The LoanPerformance HELOC/Seconds Database includes:
- 8.2 million HELOC and second liens
- Delinquency, utilizations rates, weighted averages
- Data from the nation's top HELOC and Seconds lenders
- Both prime and subprime loans
LoanPerformance clients leverage the HELOC/Seconds servicing database when using access, analytics, and modeling tools like TrueStandings Servicing, Servicing Scorecard, RiskModel, TrueLTV, LoanIQ, and PreTell.
Securities Databases
LoanPerformance securities databases comprise the industry's largest and most comprehensive mortgage securities data repository, with loan-level information on over $2.0 trillion in non-Agency mortgage and asset-backed securities (more than 90% of the market):
- MBS Prime Database The LoanPerformance mortgage-backed securities database includes loan-level mortgage data on more than 6.200 non-Agency pools (more than 3,300 active) that include 4.5 million loans (more than one million active) with $526 billion in outstanding balances*.
- ABS (Alt-A & Nonprime) Database The LoanPerformance asset-backed securities database provides loan-level mortgage data on more than 9,700 home equity and nonprime loan pools (over 8,600 active) that include 17.3 million loans (more than seven million active) with over $1.6 trillion in outstanding balances*.
*As of June 12, 2008.
In addition to unequaled size, LoanPerformance securities databases provide an exceptional 16-year perspective on the non-Agency securities market. This extended view—which makes long-term projections with historical market fluctuations possible—ensures a degree of accuracy simply not possible with shorter time horizons.
For summaries of LoanPerformance MBS and ABS securities data, updated monthly, please download the latest LoanPerformance Data Coverage Report.
Leveraging LoanPerformance securities data via TrueStandings Securities, LoanPerformance clients evaluate portfolios, identify concentrations of undesirable collateral, and create synthetic markets for benchmarking, analysis, and predictive modeling.
For More Information
To learn more about LoanPerformance mortgage data power, please email us or give us a call at the appropriate number for your geographic area.
