MarketShield® is MIAC's comprehensive secondary mortgage marketing risk management software solution. It provides loan-level best execution, price discovery for interest rate lock commitments, and manages closed pipeline loans and their related hedges to effectively reduce pipeline-related risks. The software offers flexible position reporting, robust shock analysis, and loan-level market-to-market capabilities, including best execution, gain/loss reporting, and accounting. MarketShield incorporates advanced models and analytics, such as fallout models that accurately predict borrower behavior to optimize hedge performance by overlaying historical market behavior with pipeline sensitivity. Its interest-rate model utilizes option-adjusted spread (OAS) analytics for precise measurement of price sensitivities of underlying assets and hedges, empowering risk managers to make informed hedging decisions. Additionally, it features Mortgage Servicing Rights (MSR) and Servicing Released Premium (SRP) modeling, allowing user-defined or investor-defined valuations using MIAC’s WinOAS™ MSR cash flow valuation model. MSR, SRP, and excess servicing values can be incorporated into the overall hedge strategy for optimum results.

Features & Benefits

• Flexible Position Reporting: Provides adaptable reporting for managing mortgage pipelines.
• Robust Shock Analysis: Enables detailed analysis of market volatility impacts.
• Loan Level Market-to-Market: Offers precise valuation and risk assessment at the loan level.
• Best Execution, Gain/Loss Reporting and Accounting: Facilitates optimal trading decisions and financial tracking.
• Fallout Models: Accurately predicts borrower behavior to improve hedge performance.
• Interest-Rate Model (OAS Analytics): Measures price sensitivities of assets and hedges for effective hedging.
• MSR and SRP Modeling: User-defined or investor-defined valuations for mortgage servicing rights.