Alliance provides integrated solution to better quantify credit and collection risk in mortgage assets

 

Kroll Factual Data, MIAC Analytics offer real-time integrated analytical data
Las Vegas, Feb. 16, 2009 - Kroll Factual Data, a leading provider of business information solutions to financial organizations, and MIAC Analytics, a leading provider of post-origination and secondary mortgage pricing, hedging, accounting and risk management solutions, announced today an alliance to provide whole loan collateral risk assessment to mortgage investors and risk managers.

 

"Our alliance with Kroll Factual Data provides real-time risk metrics to help our clients measure the fundamental risks caused by the current financial crisis," said Paul Van Valkenburg, Principal at MIAC.  "Together, we are providing our customers with current loan value and borrower credit information to manage portfolio risk accurately and in a timely manner. Through this partnership, we can deliver information within hours that once took days or weeks."

 

Kroll Factual Data assesses consumer data to help clients more accurately evaluate loan characteristics, transfer risk and increase safety and soundness.  MIAC Analytics^TM' integrated software products assist with deriving loan loss reserve calculations, pricing and valuation of mortgage-based assets and OTTI for securities. The integration of Kroll Factual Data's updated risk metrics, lender data and collateral behavior assumptions derived with MIAC's analytic tools provides for faster, more comprehensive loan evaluation and pricing.
 "Through this joint venture, we offer a unique combination of tools for whole loan valuation," said Jeff Gentry, vice president of Kroll Factual Data.  "Receiving data through our integrated method is cost-effective and highly automated. Clients will better understand risk and make smarter, more efficient decisions based on our data results."

 

Kroll Factual Data provides a wide range of services, which include resident screening , collection information services , and business information services. MIAC Analytics offers a secondary risk management software suite that consists of DataRaptor For more information on the companies and services offered please visit the respective Web sites at www.krollfactualdata.com and www.miacanalytics.com.
 
About Kroll Factual Data
Kroll Factual Data is a leading provider of business information to mortgage lenders, consumer lenders, property management firms and other businesses. For more than 20 years, Kroll Factual Data has helped business make prompt, accurate decisions by combining innovative services with cutting-edge technology and industry-leading customer service. Kroll Factual Data is a subsidiary of Kroll, the world's leading risk consulting company. Kroll is a subsidiary of Marsh & McLennan Companies, Inc. (NYSE: MMC), the global professional services firm.  

 

About MIAC Analytics
With its headquarters in the Wall Street area, MIAC, a registered SEC Investment Advisor, has been the preferred destination for sophisticated mortgage participants since 1989. From loan origination to balance sheet risk management, MIAC Analytics  is an integrated and comprehensive analytical solution for mortgage originators, mortgage servicing owners, and mortgage-backed securities portfolio managers. No other analytical software provides the Sarbanes-Oxley Act compliance, integrated risk management, and comprehensive GAAP accounting solutions that MIAC Analytics provides today. MIAC Analytics fully supports accounting and regulatory compliance including SFAS 140, SFAS 156, SFAS 157 and SEC SAB 109.

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