38.2.3.1 Tuning Parameters
Tuning is available to allow you to customize the assumptions being provided to the Moody's WSA engine.
For Source System Provided
The following parameters are available :
Table 38-2 List of Tuning parameters for Source System Provided
| Tuning Parameter | Description | Default Value |
|---|---|---|
|
Prepayment |
The magnitude for a prepay rate |
1 |
|
Default |
The magnitude for a default rate |
1 |
|
Recovery |
The magnitude for the recovery rate |
1 |
|
Recovery Lag |
Recovery lag applied to each loan |
0 |
|
Draw Rates |
The magnitude for the mortgage draw rates |
1 |
|
Servicer Advancing |
NONE/INTEREST/BOTH |
None |
For ADCO:
Additionally, the following parameters are available:
Table 38-3 List of Tuning parameters for ADCo
| Tuning Parameters | Description | Default |
|---|---|---|
|
ficoToUseIfNotAvailable |
FICO to use for loans that do not have this INFO. |
680 |
|
ficoSubprimeThreashold |
The loan is considered subprime if FICO is less than this value ( 620 if not provided). |
620 |
|
SMM for Failed Loans |
SMM for Failed Loans |
NA |
|
Recovery for Failed Loans |
Recovery for Failed Loans |
NA |
|
MDR for Failed Loans |
MDR for Failed Loans |
NA |