Web Prepayment Demos:

Enhanced Pool Level Model

Vectors^TM Enhanced Prepayment Model uses data through June of 2005 and adds vintage-based loan size effect and Yield Curve spread to our classic Model to improve the fit between actual and forecasted prepayments. The enhanced model adjusts the refi and turnover tuning parameters into unique risk multipliers that capture the impact the extended disclosure data have on prepayments. The enhanced version includes a true loan level model for 30yr and 15yr Jumbo Prime loans utilizing specific loan level characteristics like loan size, state of origination and original and current LTV. Read More...

> Demo Enhanced Prepayment Model v5.1c (for help with this model click here )
> Demo Enhanced Prepayment Model v5.1d

Home Equity Loan Level Model

Vectors^TM ABS Prepayment Model provides issuer specific models for 15yr and 30yr fixed and ARM Home Equity (sub-prime) loans. This model was refit using loan level data through December 2005 to incorporate the prepayment experience from the current dominant originators of these loans. Other ABS types covered include Auto and Manufactured Housing loans. Read More...

> Demo Home Equity Model

ValueNet

ValueNet is a valuation system that utilizes a cohesive set of new techniques and models, including Active-Passive Decomposition (APD), Prepayment risk-and-option-adjusted spread (prOAS) and The Enhanced MBS Prepayment Model to more fully capture the risk profile of MBS than traditional analytical approaches. Read More...

> Demo ValueNet