RiskSpan expands scope of its Edge platform

Datasets now include Home Equity Conversion Mortgage

RiskSpan expands scope of its Edge platform

Mortgage data analytics firm RiskSpan has added a new dataset to its RS Edge Platform.

The addition of Home Equity Conversion Mortgage data includes over half a billion records from Ginnie Mae and will expand the platform’s capabilities in reverse mortgage analysis.

The platform now holds over 5 billion records and integrates that data with predictive models and scenario analytics for those in commercial banking, insurance, and capital markets.

"RiskSpan's data strategy is simple. Provide our customers with normalized, tested, analysis-ready data that their enterprise modeling and analytics teams can leverage for faster, more reliable insight. We do the grunt work so that you don't have to," said Patrick Doherty, RiskSpan's Chief Operating Officer.

Users will also be able to benchmark the HECM data against their own portfolio and leverage it to develop and deploy more sophisticated credit models.