This morning, we announced the launch of a cashflow engine for securitizations, with full waterfall and collateral model support. This cashflow engine is available for a library of 30 consumer unsecured, student, and small business deals, covering over $10 billion of securitizations from originators including Avant, Lending Club, Marlette, Prosper, SoFi, and Upstart. We will continue to update the library as new securitizations are issued.
dv01’s cashflow engine is powered by deal waterfall models that operate on loan level data sourced directly from originators. All projections are performed at the loan level and tied out to trustee reports, ensuring accuracy across the entire waterfall, down to the residual. In addition to being flexible enough to address the complexities of online lending, our cashflow engine is fast: projecting cashflows on one million loans in under 15 seconds.
If you’re already a dv01 customer, this feature has been loaded into your account. Simply log in and click on the “Cashflow” tab in any supported pool in Securitizations. If you’re interested in learning more about this feature or dv01 in general, contact firstname.lastname@example.org.