In the wake of the collapse of the housing market and subsequent financial crisis, mortgage industry participants have recognized the need for loan-level data. As more information has become available, new technologies are emerging to help mine and analyze that data to provide perspicacious assessments of origination pipelines, secondary market investments and servicing operations.
The prospect of a return to private-label mortgage investment hinges on a level of trust between those originating loans and the investors who fund them. In order to transform the mortgage industry, technology is needed to take loan-level data and create efficient ways to review and analyze it.
That transparency is a critical component of restoring confidence in mortgage investments and generating new opportunities for the industry to revive itself.
