While the loans may change, our customers’ need for relevant, accurate information to make confident decisions regarding their mortgage portfolios does not.
L1aIndex provides valuation and price indications for primarily non-agency and non-conforming loan products. L1aIndex aids lenders in determining fair market value, as defined by FAS 157 accounting regulation, for loan portfolios held for sale or investment. Our L1aIndex system compiles pricing data from major investors who publish eligibility and pricing guidelines for newly originated loans. Eligibility guidelines and pricing information are maintained daily through our pricing engine. L1aIndex checks eligibility and prices thousands of different loans every day to determine real-time benchmark prices for a large number of loan types with a variety of credit characteristics.
- Provides quick access to more detailed pricing for non-standard products
- Also offers access to daily, weekly, or monthly price indications for popular products