The Federal Housing Finance Agency is now using RiskSpan's cloud platform to analyze agency mortgage-backed securities issued by Fannie Mae and Freddie Mac.
RiskSpan's Edge cloud platform provides FHFA instant access to agency MBS pool- and loan-level data through the cloud – enabling advanced prepayment analytics across the mortgage securities space. The platform also allows FHFA to query loan-level data via RiskSpan's API.
"We have been providing data services to the agency mortgage market for more than a decade," said Don Brown, senior managing director at RiskSpan. "As mortgage datasets become larger and more complex, we continue to evolve our offering to allow clients easy access to the tools and models necessary to make optimal use of all the data available."
Edge hosts and manages roughly 13 billion loan records and 3.5 million securities. Additionally, the platform facilitates in-depth analysis of loans and securities that support trading, portfolio management, and risk management.