Black Knight has launched a new interactive data dashboard called Mandatory Analytics. The company said the tool helps investors analyze and benchmark mandatory commitments on the secondary mortgage market.
“Today’s secondary mortgage market is one marked by intense volatility and fierce competition,” Scott Happ, president of Black Knight Secondary Marketing Technologies, said in a release. “One of the best tools that mandatory investors have at their disposal is access to precise, accurate and timely data.”
Black Knight said Mandatory Analytics uses dynamic and configurable charts to show ongoing and historical pricing comparisons on all potential and actual executions. Market trends can be viewed at the monthly, weekly, or daily levels.
“Rich loan-level reporting enables users to easily upload this data into their own infrastructure for additional, more granular and custom reporting,” the release stated.
Black Knight said the datasets are uniquely tailored to the investor using it, promoting individualized analysis, and investors can measure the success of their executions in comparison to overall market performance. Users can also use the dashboard to determine and isolate gaps in their strategy and “take action to better optimize organizational efforts.”
“Mandatory Analytics provides our investor clients with transparency, allowing them to identify where execution efforts are succeeding, where they are losing to the market, and why,” Happ said. “Ultimately, Mandatory Analytics delivers the kind of actionable intelligence needed to make informed execution strategy shifts that result in greater returns.”