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 securitze 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