First API for Cash Flow, Premiums Announced

RoundPoint Mortgage Servicing Corporation and Compass Analytics announced on Wednesday the industry’s first API to provide cash flow based, loan-level servicing release premiums (SRP) co-issue bids. In another initiative to improve the accuracy of MSR pricing and duration along with extending integration further into capital markets, Compass Analytics added automated loan-level SRP co-issue bids to …

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Source: DS News

2019-04-26T15:59:36-06:00