Case Study

Mortgage Servicer Case Study

Challenge

A $500bn Private Equity firm wanted to ramp up the acquisition of residential real estate assets while ensuring the ability to securitize them at any moment. The servicer data that they relied upon to value mortgages, manage risk, and account for cash flow was significantly impacted by poor quality data. Management of daily data needed to support securitizations would require large increases in staff.

The environment entailed:

• High dependencies on vendor data feeds
• Inadequate data remediation from vendors
• Limited resource availability
• Heavy use of Excel and manual SQL queries

Solution

The BaseCap Platform quickly applied business validations standards to identify data issues across internal databases and external vendor feeds.

• Delivered daily data in American Securitization Forum (ASF) format
• Generated data quality trends and identified data issues
• Created a secure & collaborative workspace for internal staff and external vendors to transparently remediate data concerns

ASF Standard

Daily Securitization Data

Work Smarter

Grow without adding

headcount

Growth

$2bil in portfolio

asset growth

Results

• Immediate securitization delivery

• Enhanced cash flow reporting to expedite portfolio asset growth projections

• Optimized staff utilization by reducing manual data management tasks