RiskSpan is excited to launch an enhanced version of our RiskSpan Vintage Quality Index (VQI)! The VQI is designed to give an indication of the underwriting environment of a particular vintage of mortgage originations. This month we’ve built a new version of the VQI based on an expanded universe of loans that includes all GSE production. The original VQI was based on data from fixed-rate, 30 year, fully documented loans. Click on the link below to read more about our discussion regarding the challenges of using issuance data to build the VQI. We’ve also posted the index from 2000 through early 2015.
In the coming months, you’ll see a series of blog posts that analyze trends in the VQI and demonstrate how the index can be used to help predict performance of newly originated loans.
CLICK HERE to read more about the VQI-Issuance Data (Enhanced Version).
CLICK HERE to download the data set.