securitization data
Securitization data refers to the detailed information provided about the underlying assets that have been pooled together to create a security. This data is essential for investors to assess the performance, risk, and potential returns of asset-backed or mortgage-backed securities. The key components of securitization data typically include:
Asset Information:
Type of Assets: The assets that have been securitized, such as residential mortgages, commercial mortgages, auto loans, or credit card receivables.
Loan Characteristics: Details about individual loans within the pool, including loan size, interest rates, maturity dates, and borrower credit scores.
Securitization Structure:
Tranches: Securitization often involves dividing the pool of assets into different tranches (or classes) that represent varying levels of risk and return. Each tranche has a different seniority and payment priority.
Credit Enhancement: Methods used to improve the credit quality of the securities, such as over-collateralization, reserve accounts, or insurance.
Performance Data:
Delinquencies and Defaults: Data on the delinquency rates, defaults, and foreclosures within the asset pool.
Prepayment Speeds: Information about the rate at which loans are being paid off early, which can impact the cash flows and returns for investors.
Recovery Rates: The percentage of the loan value recovered in case of default, which affects the performance of the security.
Cash Flow Projections:
Detailed models that predict the cash flows generated by the underlying assets, which are passed on to the investors in the security. These projections help in assessing the timing and amount of payments.
Rating Agency Data:
Credit Ratings: Ratings provided by agencies like Moody’s, S&P, and Fitch that assess the credit quality of the securitized instrument based on the performance of the underlying assets and the structure of the securitization.
https://cusipdata.com/
