Five Bridges Advisors provides a variety of services related to mortgage related products in security or whole loan form.
Our residential and commercial mortgage valuations are based upon our research driven econometric models that forecast the expected performance of loans and securities. We leverage our superior data warehouse including more than 570 million loan records, and capital markets experience to deliver complex valuations that are easily supported. We have been conducting economic, housing and securities research for the past two decades. The results have supported our belief that borrower credit performance is highly correlated to local economies. As a result, our loan level and security models were built from the metropolitan area up, allowing us to capture accurately the implications of employment, income and housing trends along side the traditional metrics of a borrowers willingness or ability to repay a loan.
Our valuation methodology begins with the recognition that in order to generate complex valuations you need a combination of highly robust analytics and people with extensive market experience. Valuations are neither art nor science, but rather a delicate balance of both. Our proprietary analytics provide us a unique view into the expected performance of assets. Our valuation team averages 15 years of experience in the capital markets in risk management, sales/trading, structuring, asset management and research. We believe that our “eyes on” approach produces the most relevant valuations and that our people make the difference.
Finally, our models are updated frequently to ensure that we are incorporating the latest data and state-of-the-art methodologies.
As both developers and practitioners of mortgage analytics we have first hand experience with the challenges of generating accurate valuations. Our process leverages:
- Substantial loan, security and economic data warehouse
- Proprietary models of prepayments, default, severity and loss forecasts
- Industry recognized cashflow generation tools
- Transactional market color and trade information
- Real time market data
- Experienced Staff
Our methodology focuses on the most granular loan level information available and developing a bottom up evaluation of risk expectations for each loan or pool of loans in a portfolio or underlying a securitization trust. For securities analysis, each CUSIP in our database is mapped to the group of loans underlying or supporting that CUSIP or deal in order to facilitate true loan level forecasts.
Our services platform is designed to help clients in numerous ways. Whether you require an
estimation of reserves, fair value pricing, economic or expected cash flow analysis; could use disposition or acquisition guidance or support in preparation for an audit, regulatory or SOX review, our services pass the scrutiny facing firms today.
- Agency MBS
- Prime RMBS
- Alt-A RMBS
- Subprime RMBS
- HELOC/Closed End Seconds
- ABS CDO
- CMBS
- CRE CDO
- Consumer ABS
- Residential Loans
- Commercial Loans
- Servicing Rights (MSRs)
