Access best in class underwriting in profitable, diversifying line of business with a turnkey solution.
Comprehensive Market Insight
- Information Advantage including MSA level viewpoints
- Insight from creator of modern mortgage risk transfer market and 75 years mortgage experience
- Advisory panel of mortgage market luminaries to inform macro risk environment
Underwriting & Operational Excellence
- Market leading analytics
- Depth of experience in deal structuring and execution
- Integrated view of portfolio dynamics and risk
Attractive & Sustainable Returns
- Access 100% of the existing mortgage reinsurance market
- Benefit from innovative and proprietary new offerings
- Generate attractive returns over the cycle
Carrier
Partner
Services
Information Advantage
- Multiple external information sources providing leading indicators of credit shifts
- Economic data at local MSA level (e.g., income, job quality, demographic, employment), mortgage data at time of rate lock, loan data at time of GSE acquisition
- Analyze current mortgage originations to anticipate trends 12-18 months prior to release of deal-specific data for GSE and MI transactions
- Diversified sources of housing market data, insights and trends, independent of GSE and MI counterparties
Macro Market Underwriting
- Euclid Mortgage’s three principals have over 75 years of mortgage credit experience.
- Contacts throughout the mortgage market ecosystem, including originators, servicers, GSEs, banks, investors, rating agencies, housing economists, asset managers, credit bureaus, real estate brokers, home builders, and insurers.
- Access to Euclid Mortgage Advisory Panel of housing and mortgage market luminaries to help assess overall market health
- Regular reporting on US housing economy
Risk Appetite and Strategy
- Euclid Mortgage helps Carrier Partners develop their mortgage risk appetite
- Quantify potential stress losses using both deterministic and stochastic analysis to establish a targeted PML
- Create actionable plan to maximize Carrier Partners’ profitability in light of PML, collateral and return constraints
Micro Deal Level Underwriting
- Perform loan level loss analysis using multiple models to generate a distribution of potential losses, required capital, and necessary premium to achieve accretive returns
- Assess marginal impact of transaction on existing portfolio to optimize portfolio mix across segments and products
- Benchmark key deal parameters against recent transactions, current and future market opportunities, and client-specified portfolio constraints
Portfolio Management
- Regular update of current portfolio against key performance benchmarks including total PML and ultimate risk-adjusted return
- Comparison of actual ceded premium, loss, profit and returns to projected and targeted results
- Specific recommendations for strategy adjustments to maximize the portfolio’s risk adjusted return in current market environment
