TECHNOLOGY FOR THE MORTGAGE INDUSTRY

 Resale

 

Introduction
Tools for Consumers
Credit and Fraud
Tools for Brokers
Tools for Lenders
Tools for Insurers
Links

Up Administration Resale Document Mngmt

The secondary mortgage market includes both the resale of individual mortgages to investors as well as the sale of shares in a pool of mortgages as a Mortgage Backed Security.

Consumer mortgage debt has never been such a large portion of bank assets.   Craig Focardi, senior analyst in the Consumer Credit practice at TowerGroup says that  proposed changes to the Basel Capital Accord regulations will dramatically alter for financial services institutions (FSIs) not only the minimum capital requirements for credit, market, and operational risks, but portfolio credit risk measurement and reporting requirements.

In addition,  mortgage default is once again on the rise. 

Basis100 provides a suite of mortgage risk and portfolio assessment and decision tools that help investors decide if, when, and how to sell their mortgage investments.  

Automated Valuation Models and tools help investors assess the ongoing risk in their portfolio.    Companies such as Reavs  provide these tools as part of their complete mortgage suite.

Canadian company Algorithmics Inc. provides risk analysis tools for institutions where mortgages are one of many investments in their portfolio.  

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The "Technologies for the Mortgage Industry" site was created by Adriana Ieraci, a graduate student at the University of Toronto (Canada).  This site was developed for a graduate course - JCI1503 - Advanced Topics in Computing and Information Systems - as a term project requirement.  Much of the content material and web links presented on this website have been collected from existing sources.  You should not assume that any of this is error-free or that it will be suitable for any particular purpose you may have in mind when using it.  The site is meant to be solely a project in an educational context - and has no other purpose.  The author,  the University of Toronto or any of its divisions, including the course instructors, unequivocally declare that they do not endorse any of the companies or products mentioned or statements made in or referenced on this site.

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