dv01 Integrating AD&Co LoanDynamics Model for Mortgage Datasets
FOR IMMEDIATE RELEASE
New York, NY, June 10th, 2020 — Andrew Davidson & Co., Inc. (“AD&Co”), the leading provider of risk analytics and consulting for residential loans, Agency Mortgage-Backed Securities (“MBS”), and credit-sensitive securitizations, has partnered with dv01, the all-in-one loan data management, reporting, and analytics platform. Through this partnership, MBS investors can leverage AD&Co’s mortgage-credit model known as LoanDynamics Model (“LDM”) to forecast prepayments, delinquencies, defaults, and loss severity for Non-QM and Prime Jumbo mortgage securitizations available on the dv01 platform. This integration will be available for Credit Risk Transfer (“CRT”) securitizations in the coming weeks.
“The combination of dv01’s data and user-friendly platform with forecasts from AD&Co’s LoanDynamics Model provides a powerful and turnkey solution to quickly understand the risk of credit-sensitive MBS” commented Rob Landauer, Director of Business Development for AD&Co. “We are excited to be working with the team at dv01 to add transparency to this market.”
AD&Co’s time-tested LDM is the industry’s gold standard to help investors, regulators, issuers, and risk managers understand and assess credit risk with greater precision. As the COVID-19 crisis continues to impact market conditions and consumer repayment behaviors, investors need access to credible credit-adjusted forecasted cashflows that consider borrower and loan-level characteristics and macro-economic conditions to make more informed data-driven decisions. The initial offering of LDM on the dv01 platform is free of charge on a trial basis and is based on loan-level cashflows aggregated at the deal level. dv01 users can leverage AD&Co’s LDM within the Cashflow tab of the dv01 web app.
“This partnership is yet another example of how dv01 is bringing unparalleled transparency and intelligence into the mortgage market,” said dv01 Founder and CEO Perry Rahbar. “As we continue to expand our footprint into the industry through third-party integrations, industry-benchmark datasets, and a comprehensive MBS data library, we will ensure the capital markets have best-in-class tools to convert disparate data into actionable insights.”
dv01 is bringing unparalleled transparency and intelligence to every securitization for every investor. As the world’s first end-to-end data management, reporting, and analytics platform for loan-level consumer lending data, dv01 is empowering the capital markets to make safer data-driven decisions. To date, dv01 has provided securitization reporting and analytics on $100B+ across consumer unsecured, mortgage, small business, and student loan transactions. Learn more at dv01.co.
About Andrew Davidson & Co., Inc.
Andrew Davidson & Co., Inc. (“AD&Co”) was founded in 1992 by Andy Davidson, an international leader in the development of financial research and analytics, mortgage-backed securities product development, valuation and hedging, housing policy and GSE reform and credit-risk transfer transactions. Since its inception, the company has provided institutional fixed-income investors and risk managers with high-quality models, applications, consulting services, research and thought leadership, aimed at yielding advanced, quantitative solutions to asset-management issues. AD&Co’s clients include some of the world’s largest and most successful financial institutions and investment managers. For more information, visit ad-co.com.