First American LoanPerformance Enhances Access To Data

Posted by Orb Staff on October 09, 2007 No Comments
Categories : Residential Mortgage

San Francisco-based First American LoanPerformance has enhanced TrueStandings Securities, a Web-based business intelligence platform that provides loan-level access to First American LoanPerformance's securities database – which contains over $2 trillion in mortgage transactions representing 85% of active nonagency-securitized mortgages.

Enhancements in the latest release of TrueStandings Securities include in-progress period reporting (provides users with the earliest view of performance and prepayment information), bulk export capability (enabling detailed analysis of up to two gigabytes of loan-level data) and CUSIP number matching (a lookup tool for finding securities that match a specific Committee on Uniform Securities Identification Procedures (CUSIP) number).

"With this enhancement, eighty percent of our monthly data update is now available up to twelve business days earlier," says Dan Feshbach, president and CEO of First American LoanPerformance. "We intend to continue to invest in technology to enable faster delivery of this critical data."

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