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For Immediate Release

Editorial Contact:
Lillian Flores
Lewtan Technologies, Inc®
781-672-1175

ABSNet Loan Data available through 1010data

Loan level data on U.S. RMBS now available

Waltham, Massachusetts—July 8, 2009Lewtan Technologies, Inc., provider of ABSNet and ABSNet Loan, the industry’s leading source for asset-backed securities surveillance data, analytics, software and content for the global securitization industry, today announced that 1010data, a provider of the leading analytics platform delivered over the Web for the mortgage and asset-backed securities industries, will offer ABSNet Loan data to their customers.

“Our decision to provide investors and other securitization market professionals access to ABSNet Loan data through the hosted 1010data offering was an easy one. The flexibility and data processing power that 1010data provides allows us to reach the most sophisticated analysts.” said Ned Myers, chief marketing officer of Lewtan. “With the continued instability of both the housing and securitization markets, making loan level data available through as many avenues as possible was very important to us. 1010Data brings a wealth of technology and mortgage experience.”

For almost a decade 1010data has provided a Business Intelligence Service that includes data analytics and warehousing services. As current business environments are experiencing constantly increasing data volumes, 1010data’s customers understand that their scalability ensures end-user performance and will not be compromised as the data will never outgrow the platform.

“We are pleased to offer ABSNet loan level data for our mutual customers,” said Greg Munves, vice president of 1010data. “Lewtan’s recently launched loan product provides investors with another source of data for more robust quantitative analysis. Providing our customers the most complete U.S. RMBS data available during these challenging market times just made great sense.”

ABSNet Loan data is available on1010data currently. For more information please contact Ned Myers at nmyers@lewtan.com or 781-672-1110 or Greg Munves at greg.munves@1010data.com or 212-731-8381.

About Lewtan Technologies

Through offices in North America and Europe, Lewtan Technologies, Inc., offers a wide range of content- and technology-based solutions to members of the global asset-securitization industry, including issuers, investors, underwriters, servicers, credit enhancers, and rating agencies representing more than 400 institutions worldwide. The company has twice been named Global Technology Provider of the Year by International Securitisation Report and has received the Innovation Award and commendations for client service and best-in-class surveillance tool in Money Market’s Securitisation Review & Survey Technology Awards.  In addition, the company has been awarded Credit Magazine’s Technology Innovation Award.

ABSNet Loan measures the hidden risks of US mortgage-backed and home equity transactions by offering transparency and clarity of each asset that supports MBS and home equity holdings. ABSNet loan is available in three formats – through an on-line web application, in a data feed or via 1010Data. ABSNet Loan became available to the market on June 26, 2009.

For additional information on ABSNet Loan please go to www.lewtan.com

 
     
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