Kinetics

LoanKinetics (LK) is our multi-functional whole loan application that evaluates legacy and newly originated residential mortgage loans. It can be used to project credit performance, assess value (using multiple approaches), and perform loan loss analysis for reserving and understanding attribution.

MSRKinetics (MSRK) is the first of our new Kinetics offerings focused on assessing MSR risk. Product users are given access to user guides and a variety of publications that report on model updates, technology developments and related market issues.

PoolKinetics (PoolK) is our new modular offering on the Kinetics platform. It evaluates specified agency MBS pools’ pay-ups by assessing their values relative to TBAs. Available outputs include both a “theoretical” pay-up, calculated as the value difference between a pool and a matching TBA based on the same option-adjusted spread (OAS), and a “practical” pay-up, which reflects a limited, user-defined, holding horizon.