Advanced Factor Services Added To Telerate's MBS Product Line

THIS WEEK'S LEAD STORIES

Telerate Inc. has launched Advance Factor Services (AFS), a product aimed at providing the mortgage-backed securities trading community with more accurate estimates of mortgage prepayment rates. Key to the package is its use of U.S. title search data to predict mortgage prepayment rates, which in turn are used by traders and analysts to predict real rates of return on asset-backed securities.

AFS is a first for Telerate in that the vendor has previously offered only data contributed by third