Module 1

Overview of Edge Platform

RiskSpan Edge Training Program

Learning Objectives

By the end of this module, you will be able to:

  • Explain what RiskSpan Edge platform is
  • Identify the core capabilities of the platform
  • Understand the types of data available in Edge
  • Recognize key use cases for Edge analytics
  • Navigate the main modules of the platform

What is RiskSpan Edge?

Cloud-Based Analytics Platform

RiskSpan Edge is a cloud-based data, modeling, and predictive software platform designed for loan and securities analytics.

Core Purpose

Enable users to make informed business decisions based on:

  • Unique insights into historical trends
  • Advanced predictive forecasts

Key Differentiator

Comprehensive platform that consolidates diverse mortgage loan data with sophisticated analytical tools for investors, portfolio managers, and analysts.

Core Capabilities

What Can You Do in Edge?

Capability Description
Access Hosted Datasets Agency (Fannie Mae, Freddie Mac, Ginnie Mae) and Non-agency data
Upload Custom Data Import your own loan data files via CSV
Run Complex Models Prepayment, credit, and valuation models
Create Reports Generate intuitive visualizations and exports

Platform Highlights

  • Pool-level AND loan-level data
  • Historical AND predictive analytics
  • Integrated modeling across asset classes

Data Sources in Edge

Agency Datasets ("The Agencies")

Agency Full Name
FNMA Fannie Mae
FHLMC Freddie Mac
GNMA Ginnie Mae

Two Types of Loan Details

Static Details (Unchanging)

  • Borrower demographics at origination
  • Loan origination details (amount, rate, term)
  • Collateral information

Dynamic Details (Changes Over Time)

  • Payment history
  • Outstanding balance
  • Delinquency status
  • Interest rate adjustments (ARMs)

Data Coverage Timeline

Pool Level Data

Dataset Starting Date Coverage
FNMA Jan 1995 All pools
FHLMC Jan 2006 All pools
GNMA1 Jan 2008 All pools
GNMA2 Jan 2008 All pools

Loan Level Data

Dataset Starting Date Issued After
FNLOAN Jan 2014 Jan 2013
FHLOAN Jan 2008 Jan 2000
GNLOAN Dec 2013 All
G2LOAN Nov 2013 All

Key Use Cases

Who Uses Edge and Why?

Investors

  • Analyze credit and prepayment performance
  • Make informed investment decisions
  • Compare performance across cohorts

Portfolio Managers

  • Track portfolio risk and performance
  • Run scenario analysis
  • Generate regulatory reports

MSR Holders

  • Value mortgage servicing rights
  • Project servicing cash flows
  • Assess recapture opportunities

Analysts

  • Historical trend analysis
  • Model calibration and validation
  • Custom research queries

Platform Modules Overview

Main Navigation

Edge is organized into specialized modules:

Module Purpose
Historical Performance Analyze past CPR/CDR trends across agency datasets
Portfolio Manage and analyze security portfolios
Scenario Library Create and manage analysis scenarios
Data Library Access market data and curves
Loans Upload and map loan-level data
MSR Cashflow Engine Project MSR income and expenses

Key Terminology

Terms You'll Hear Often

Term Definition
CPR Conditional Prepayment Rate
CDR Conditional Default Rate
WAC Weighted Average Coupon
WAM Weighted Average Maturity
WALA Weighted Average Loan Age
Term Definition
LTV Loan-to-Value ratio
FICO Credit score
OAS Option-Adjusted Spread
MSR Mortgage Servicing Rights
DQ Delinquency

Module 1 Summary

Key Takeaways

  1. RiskSpan Edge is a cloud-based platform for loan and securities analytics
  2. Data sources include Fannie Mae, Freddie Mac, Ginnie Mae, and non-agency securities
  3. Static details are origination information; Dynamic details change monthly
  4. Use cases include investment analysis, portfolio management, MSR valuation, and research
  5. Six main modules provide specialized functionality for different analytical needs

Next Module

Module 2: Login & Navigation - Learn how to access and navigate the Edge platform

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