ICE has introduced a model-driven evaluation service for residential whole loans, expanding the data tools available to market participants assessing mortgage assets.
The service covers qualified mortgages, non-QM lending and specialty loan categories. It is designed to provide evaluations across a broader range of residential loan products rather than focusing solely on conventional mortgage pools.
Evaluations will be delivered through the ICE Data API, with clients able to receive them daily or monthly. The scheduling flexibility could support both more frequent portfolio monitoring and periodic valuation workflows.
The launch comes as investors and lenders seek more consistent methods for reviewing residential credit exposure and loan-level performance characteristics. Details of the new offering were reported by HousingWire.
