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CoreLogic Launches RMBS Bond Assessment Service

Irvine, California-based ""CoreLogic"":http://www.corelogic.com/ announced the availability of CoreLogic Bond Tracker, a new bond assessment service for non-agency residential mortgage-backed securities (RMBS).

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CoreLogic's Bond Tracker provides credit assessments of non-agency RMBS across product type, vintage, and tranche position, with credit grades in descending order [COLUMN_BREAK]

from AAA through D. The tracker can incorporate the position at which the bond or tranche was purchased or marked when evaluating the likelihood of investment loss.

In addition, the tracker refreshes dynamically to reflect factors affecting credit performance, incorporating impacts based on the CoreLogic HPI suite of real estate analytics.

""Today, investors are looking for greater transparency into the quality and risks of the collateral backing non-agency bonds, and issuers are looking for new ways to rebuild investor confidence. We believe CoreLogic Bond Tracker will appeal to both groups,"" said Ben Graboske, SVP of real estate and financial services for CoreLogic. ""We've designed CoreLogic Bond Tracker to utilize our data and risk tools to provide information and surveillance that is objective and data based to augment what is currently available.""

More information can be found at CoreLogic's ""website"":http://www.corelogic.com/landing-pages/corelogic-bond-tracker.aspx. The company is not registered as a nationally recognized statistical ratings organization (NRSRO). As such, CoreLogic Bond Tracker does not constitute a NRSRO rating.

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