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eValuate (Asset Valuation/ HAMP Calculation)
Determining the true value of an asset, with its associated risks, is a major challenge for asset managers, servicers and investors.
eValuate is a WEB‐based, loan evaluation tool that solves that need. It uses sophisticated analytics, backed by easy‐to‐configure tools. eValuate works quickly, and it delivers real‐time results, with “at‐a‐glance” performance and risk metrics.
eValuate is a decision support system that assists servicers, investors and asset managers in analyzing their portfolio. It delivers accurate results, on a real-time basis, for different outcomes, bid pricing and risk metrics.
With eValuate you have the ability to approach asset valuation from a risk perspective of the asset, and you have the ability to price based on predictive behavior as well.
With the help of this system , the asset can be tracked from bid through acquisition to final disposition. Throughout this entire process, the pricing valuation is dynamically updated, based upon feedback from the field with respect to performance and real estate valuation.
eValuate is a powerful tool which merges all diverse data requirements into one comprehensive management tool that significantly aids the decision making process. It is relatively simple to customize eValuate's interface for risk scoring and subsequent valuation. eValuate provides the Business Rules Matrix (BRM) with pre-defined rules, as per the current guidelines. The matrix can be updated on a real time basis to modify or to add new rules to reflect changing market conditions or changes to the investor’s approval criteria.
Any number of "what-if" scenarios can be analyzed with the eValuate simulation model. eValuate can be easily configured on a real-time basis in order to include changes in market conditions, guideline changes, new metrics, etc.
Home Affordability Modification Program (H.A.M.P)/ Obama Plan Module Key Features and Benefits
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On a real time basis, complex calculations are performed to determine if the borrower is
eligible for Modification (per the HAMP guidelines). The calculation is comprehensive and
encompasses principal forbearance, DTI, NPV calculations, as well as determing the step rate
schedule. |
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Screens are extremely user friendly and allow for rapid navigation through the intricate
modification calculations (per HAMP guidelines). Minimum user clicks and screen refreshes
are required. |
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Real-time, comprehensive monitoring of market conditions ensures the accuracy of the NPV
calculations. |
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Dynamic updates of calculations are shown on the screens. Thus, real-time figures, which
reflect user changes to editable numbers, are displayed at all times. |
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"What-if" scenarios can be simulated on the same screen. Thus, navigation time is significantly
reduced for a more efficient process. |
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Data integrity is maintained because everything, including solicitation and fulfillment, is
integrated with the Modification process. |
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Software is driven by a highly configurable “Rules Engine”. Thus, changes in the model can
be made effortless to adapt to evolving market conditions or new plans. |
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