New Clients Sign Up for BlackBox RMBS Service

Published Updated 1 Min Read

BlackBox Logic revealed contracts with several new clients who will use the firm’s loan-level data aggregation service called BBx Data(TM), for their RMBS research and forecasting needs.

BBx Data covers the Jumbo-A, subprime and Alt-A mortgage markets and includes over 7,200 RMBS, 21 million loans and nearly 700 million remittance records, dating back to 1999.

The New BlackBox Logic clients include Raymond James & Associates, a broker/dealer wholly owned by Raymond James Financial; Algorithmics’ Credit Advisory and Evaluations Group, which is wholly-owned by the Fitch Group; Six50 Capital Management, a fund manager and consultant affiliated with Ranieri Partners and Cooperstein Analytics; Cognilytics, a leading global provider of advanced predictive analytics, enterprise data management and business intelligence solutions across all asset classes in the financial services sector.

BlackBox Logic was founded in 2007. The team spent over two years designing and testing a beta version of BBx Data with RMBS researchers, investors and broker/dealers.

The production version of BBx Data was launched in January 2010.


For reprint and licensing requests for this article, click here.


More From Asset Securitization Report

Vendors Prep for Private Market Return With New Loan Analysis Tools

The call for loan-level mortgage data sounded soon after the industry began to pick up the pieces from the housing market crash. It’s grown louder since then and the information is slowly becoming more available. But without a way to identify and decipher what it means, the data are worthless. Luckily, there is new technology […]

New Challenges to Modeling Borrower Behavior

The credit crisis has forced MBS investors to adopt new tactics. Notably, they have to take a closer look at the collateral backing mortgage bonds. But the analysis goes beyond that. Investors now need to look at home prices in a geographic region and consider the health of local economies where the homes are actually […]

New Challenges to Modeling Borrower Behavior

The credit crisis has forced MBS investors to adopt new tactics. Notably, they have to take a closer look at the collateral backing mortgage bonds. But the analysis goes beyond that. Investors now need to look at home prices in a geographic region and consider the health of local economies where the homes are actually […]

New Challenges to Modeling Borrower Behavior

The credit crisis has forced MBS investors to adopt new tactics. Notably, they have to take a closer look at the collateral backing mortgage bonds. But the analysis goes beyond that. Investors now need to look at home prices in a geographic region and consider the health of local economies where the homes are actually […]