RMBS Investors and Insurers (monolines) buy and insure mortgage backed securities, respectively. Investors and Insurers ultimately bear the risk of loss on mortgages and ironically perform the least amount of risk mitigation. Instead, investors and insurers rely on representations and warranties for protection. RMBS investors and insurers’ risk is ground zero in this credit crisis and their rights under representations and warranties are not being enforced due to structural obstacles within securitizations. Digital Risk has designed a loss management solution specifically for RMBS investors and insurers featuring multiple patent pending processes. The loss management solution features Analytical Tools – RiskIQ™, Severity, IE and Expert Services – Forensic Analysis, Collateral Advisory Services, Regulatory Compliance Review, Fraud Detection and Prevention. Additionally, Digital Risk has tailored a surveillance solution specifically for RMBS Investors and Insurers to prevent a recurrence of the credit management shortcomings, which gave rise to the current global contagion.
RMBS INVESTORS AND INSURERS
