As part of a litigation case, a specialty finance home equity lender hired BPA to value their six securitization residuals and determine whether their value was adversely impacted by improper servicing. As part of this project we:

·          Developed a set of assumptions to run the cash flow model

·          Modeled the securitization cash flows

·          Performed a sensitivity analysis on the securitization

·          Evaluated the resulting cash flows for reasonableness

·          Determined realistic present values for the residuals.

Note:    Actual client names have been removed due to confidentiality issues.