Compass Analytics releases Mortgage Servicing RightsAnalytics.

Compass Analytics LLC, Larkspur, California, announced the release of its Mortgage Servicing Rights (MSR) Analytics, which is designed to provide loan-level and aggregated modeling capabilities for mortgage servicers and servicing investors.

The MSR Analytics--developed with significant

The MSR Analytics will include both static and option-adjusted spread (OAS) valuations, allow analysts to use loan-level adjustors on all models, include integration to industry-standard prepayment models, integrate accounting functionality and include speed-enhancing parallel processing, according to Rob Kessel, Compass' managing partner.

"Given the recent jumps in delinquencies and foreclosure in non-agency products, we think a loan-level model with subprime and alt-A functionality built in from the ground up will be particularly valuable to the industry," said Kessel.

The full integration into CompassPoint provides access to Compass' file mapping, audit and conversion tools, and comprehensive query and reporting tools. The MSR Analytics will be available for hosted and installation implementations, and a specific MSR trading option will also be available, said Kessel.