MARQ Services provides users with access to monthly standardised loan-level data for portfolios of mortgage loans. Data must comply with MARQ Services published definitions and standards, and Data Verification Process.
Standardised and customisable mortgage data reports provide consistent reporting across different issuers and portfolios.
MARQ Analytics enables users to perform both standardised and customised credit analysis, which can be calibrated to the user’s own view of risk. Analyses can be stressed for changes in house prices and movements in interest rates.
MARQ Analytics also provides discounted cashflow analysis reflecting the user’s assessment of the credit risk of a mortgage or portfolio.
Data
Mòrgij works with Loan Managers to set up a hassle-free monthly data transfer. We also provide data cleansing and a simple verification process to support data reliability. Loan Manager data is only used for agreed purposes and is held securely. Data provided by Loan Managers remains beneficially owned by the Loan Manager and can be retrieved.
Reporting
Standardised detailed monthly pool reports are available to all users on all public RMBS and Covered Bond issues. Aggregated and tailored pool reporting is available on request.
MARQ Services including all monthly reports are available at www.MARQAnalytics.com.au and can be received via monthly email. MARQ Services includes simple, easy to read graphic reporting of credit analysis, scenario stress testing and discounted cashflow analysis.
Analytics
MARQ Analytics is a standardised, consistent, granular credit assessment system based on Mòrgij’s Risk Quantification Methodology. It provides mortgage collateral analysis delivered to global standards for transparency and best practice investor credit assessment tools.
Users calibrate the MARQ assessment by applying their own risk weightings to conduct their own credit risk analysis. Consistent with best practice credit assessment, users have the ability to stress the credit analysis for house price and interest rate movements by Australian geographic region.
In order to assess credit risk relative to mortgage yields, users can discount each mortgage’s cashflow using discount rates relative to the credit risk assessment.
Benefits
MARQ Services is a cost-effective method for collecting and storing reliable data, generating standard pool reports and providing risk analytics.
MARQ scoring is an analytic infrastructure providing users with full flexibility to perform individually calibrated credit risk analysis and stress testing. RMBS and Covered Bond issuers can meet global best practice on transparency and analytic tools for investors to analyse and compare credit rating opinions.
MARQ Services will facilitate a larger global investor base for RMBS and Covered Bonds.