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ABSNet Loan HomeVal™
ABSNet Loan HomeVal provides current home values for each mortgage and home equity loan supporting a mortgage-backed or home equity securitization to support better loss estimation. In a paradigm shift for the industry, property by property home prices are matched to securitized loans for the first time with new valuations provided on an ongoing basis.
Securitizations (MBS) are a key component of funding for the mortgage market; however, there are challenges in the RMBS market:
- Transparency on the underlying collateral and its value
- Inability for banks to mark-to-market on balance sheet
- Inability for investors to gain transparency to enable trading
ABSNet Loan HomeVal addresses these challenges by:
- Identifying the property that secures each loan in the MBS
- Anonymously identifies street addresses and borrowers behind the loan
- Facilitating accurate valuation of the MBS
- Promoting liquidity in the market
Product Overview
ABSNet Loan HomeVal provides:
- Accurate property valuations for active securitized loans in US RMBS and home equity portfolios
- Superior AVM technology
- Imputed valuation methods to provide time adjusted and automated best comparable property valuations
- Current and cumulative LTVs
- Multiple lien identification
- Fraud Indicators – where loan data and public records show discrepancies
Additional Modules:
- Home Price Forecaster
- Whole Loan Portfolio Valuation
Packaging
- Data Feed
- Online web-application / ABSNet Loan module
To learn more about ABSNET Loan HomeVal, please contact Lewtan Technologies to schedule a live demonstration.
For US ABSNet Inquiries:
Marc Levine
Phone: 781.672.1213
Email: Marc.Levine@Lewtan.com
For Global ABSNet Inquiries:
Jamie Harper
Phone: +44.20.7621.2005
Email: Jamie.Harper@Lewtan.com
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