Integrated Asset Services LLC (IAS) has introduced iCDA Credit Due Diligence Analytics, a package of end-to-end due diligence for the mortgage market.
iCDA Credit Due Diligence Analytics delivers what IAS calls a ‘surgically precise’ review of borrower creditworthiness, collateral valuation and compliance for loan buyers. The company expects hedge funds, mutual funds, private investors, government agencies, ratings agencies, and mortgage originators and service providers to benefit from this approach to due diligence.
"The dynamics of this mortgage market require forensic analysis and the need for transparency in every loan portfolio" says John Coughlin, vice president of capital markets for IAS. "iCDA is designed to expose both the risk and merit of an asset beyond the historic origination and compliance guidelines. Using our suite of analytic tools to forecast performance, we can identify exit strategies and recommend loan modifications and repayment plans for your assets."
The iCDA mortgage due diligence process includes a forensic review of the borrower and collateral, and it integrates its native i-Series suite of valuation services with the industry's service providers.
The IAS service is fully customizable to meet unique requirements, including specific guidelines, data capture and reporting requirements. iCDA diligence teams are composed of a deal manager, lead underwriter, quality control and underwriters from inside the special servicing platforms who collectively ensure the quality, accuracy and timeliness of each transaction, the company says.