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SYSTEM AND METHOD FOR TRACKING AND ANALYZING LOANS INVOLVED IN ASSET-BACKED SECURITIES

  • US 20110016042A1
  • Filed: 03/18/2009
  • Published: 01/20/2011
  • Est. Priority Date: 03/19/2008
  • Status: Abandoned Application
First Claim
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1. A computerized system for analyzing loans involved in asset-backed securities and aspects of the asset-backed securities, comprising:

  • a credit migration database that stores consumer credit and financial data;

    a data repository that assigns a securitization identifier (ID) to a loan and associates the securitization ID to a credit data record in the credit migration database that is associated with a borrower of the loan;

    a tracking and analysis module configured to operate on the computerized system that, upon request, analyzes one or more loans by using the respective loan securitization IDs to;

    retrieve the credit data records of the borrowers of the loans from the credit migration database before, during, or after a process in which the loans are securitized as asset-backed securities;

    calculate a loan default risk or a prepayment risk based on payment records and account tradeline information within the credit data records that are associated with the borrowers; and

    store the loan default risk or the prepayment risk in the data repository; and

    a portal interface through which authorized users can access at least the loan default risk or the prepayment risk stored in the data repository, wherein the portal interface is configured to provide data or analytics to the authorized users via one or more network connections,wherein the tracking and anal sis module is further configured to;

    calculate models predictive of the performance of the asset-backed securities; and

    store, in the data repository, models predictive of the performance of the asset-backed securities.

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