TrueStandings Securities
TrueStandings Securities provides issuers access to the most comprehensive source of credit risk and prepayment information available anywhere—loan-level data detailing the collateral risk underlying over 80% of the outstanding private-issue mortgage-backed-securities pool balances since 1992. Using this data, issuers can:

• Evaluate first-loss, spread, residual account holdings
• Mine, analyze, present data visually with pivot-tables and graphs
• Show rating agencies how pool performance compares to the market
• Analyze, evaluate portfolios quickly, drilling down to loan characteristics
• Easily generate complex, automatically-updated analyses and reports
• Work anytime, anywhere using pure web-based technology
• Communicate between databases via the Internet

RiskModel
Issuers achieve better results when they use the LoanPerformance RiskModel to support decisions either to securitize or sell loans directly to investors. Drawing on the industry’s most comprehensive mortgage database—over 70 prime and subprime million loans—and using advanced statistical modeling, the RiskModel allows issuers to:

• Rank level and range of risk on whole loans, securities
• Forecast loan pool prepayments, delinquencies, defaults
• Project impact of interest rate volatility, housing market declines
• Create stress scenarios to test package performance under duress
• Avoid future write-downs from unexpected prepayments and losses
• Benefit from the same forecasting accuracy used by largest aggregators
• Use Monte Carlo simulation methodology to project probability distributions

TrueLTV
TrueLTV enables issuers to identify, evaluate, and monitor the impact of HELOCs and other second-mortgage liens on active first-mortgage pools and portfolios. Starting with user-supplied first mortgage files, TrueLTV searches LoanPerformance and First American databases and appends any additional liens, including dates and amounts. Graham-Leach-Bliley-compliant, TrueLTV identifies all types of second liens:

• Silent seconds (seller-financed seconds)
• Piggyback seconds (simultaneous originator-provided seconds)
• Up-sell or cross-sell seconds (subsequent originator-provided seconds)
• Borrower-initiated seconds

PreTell
The first loan-level prepayment scoring tool, PreTell predicts the probability of a loan prepaying compared to another loan of the same type (Alt-A, subprime, etc.). Built with industry support and validation from leading originators, servicers, traders, investors, and guarantors, PreTell gives insurers unprecedented power to:

• Leverage robust traditional, demographic, performance data
• Quantify near-term prepayment risk embedded in portfolios
• Identify overall likelihood of a loan to pay off
• Predict whether prepayment will be refi or move
• Evaluate portfolio servicing and retention strategies
• Evaluate pricing for production, secondary marketing
• Automate real-time scoring of portfolio risk, retention, valuation

Servicing Scorecard
LoanPerformance’s Servicing Scorecard lets issuers benchmark servicing performance against the market and evaluate its impact on investor yield. The Scorecard’s “third-party” objectivity helps issuers identify high-performing servicers—while providing persuasive evidence of added value for investors. Servicing Scorecard enables issuers to:

• Factor servicing impacts into securitizations
• Compare collections, foreclosures, REO to market
• Illustrate serviced-collateral value standards to investors
• Demonstrate average loss, loss frequency, loss severity
• Track loan pool servicing performance over time
• Isolate servicing component of investor yield
• Document servicing decisions

LPS HomeEquity
The LPS HomeEquity repository enables issuers to benchmark whole loans and securitized mortgage pools against data representing more than 60% of the outstanding HELOC/Seconds loan balances on the market. Built in partnership with the nation’s top lenders and servicers, this unique, web-based information source lets issuers:

• Set or refine portfolio delinquency, utilization assumptions
• Justify lower costs by benchmarking performance to the market
• Utilize market comparison data in investor, rating agency reports
• Develop standards for delinquency, prepayment, other risk factors
• Project potential collateral impact of credit and other market changes
• Benchmark performance by geography, product, other criteria
• Provide fact-based securitization decision support