Business News
RR Donnelley Enhances Global Real Estate Services Offering With Introduction Of 20:20 Performance Risk Certification
Tuesday 29. July 2008 - New Residential Service Line Expands Analytical Depth To Deliver Decision-Ready Risk Analysis
R.R. Donnelley & Sons Company (NYSE: RRD) announced today the release of 20:20 Performance Risk Certification, a product that provides the first true loan-level certification based on dependable credit and collateral risk modeling that reflects the behavior and activity of more than 5.4 million loans.
20:20 Performance Risk Certification’s proven methodology helps residential mortgage-backed security (RMBS) investors avoid unnecessary losses through pre-purchase evaluation modeling and on-going monitoring of pool activity.
“We believe that no other firm can provide this kind of clarity on vintage loans and pools,” said Keith Gettmann, Managing Director of RR Donnelley’s Global Real Estate Services. “Our goal is to deliver decision-ready risk analysis to increase investor confidence and guide their purchasing efforts.”
20:20 Performance Risk Certification offers clients a full evaluation of a loan pool within 48 hours, including loss analysis on loans, pool summary with risk distributions, default analysis predictions and a forecast of pool performance for the next 60 months.
“Our confidence in these forecasts and analyses is backed by our commitment to provide ongoing loan surveillance,” Gettmann said. “This product offers exceptional quality and reflects significant progress towards standardizing non-prime residential loans and securities and limiting investors’ risk.”
RR Donnelley’s Global Real Estate Services capabilities draw on nearly a quarter century of experience to provide comprehensive commercial and residential real estate services covering all aspects of real estate transactions. Through its network of highly skilled real estate professionals, the company offers a range of debt and equity services including underwriting, surveillance, acquisition support, asset management, due diligence and servicing support.