Researchers at Banc One Capital Markets are putting finishing touches on a first-of-a-kind mortgage analysis database, with performance statistics on roughly two million individual loans. Scheduled for official release in the first quarter of 2003, the product is the result of two years of data collection that occurred while compiling Banc One's research periodical Prepayment Insight. The platform will be available to investors on Banc One's client website.
Banc One's Prepayment Insight re-search reports have already covered de-tailed loan level analysis of some of the leading mortgage securitizers - AmeriQuest Mortgage, Bank One (HELOC), Conseco Finance home-equity loan portfolio, Impac Mortgage Hybrid ARM, Irwin Financial (HELOC), Option One Mortgage, GMAC RFC's RALI shelf, GMAC Mortgage (HELOC), and Saxon Mortgage. There are two more active issuers that Banc One is working for in upcoming Prepayment Insight reports, and will be including in its database.