Intermediated Swaps Functionality Coming to mortgageHUB

TAO Solutions is pleased to announce the introduction of sophisticated CMB Swap Intermediation capabilities within its industry leading mortgageHUB product. The functionality is specifically designed to handle processing and accounting automation for entities using mortgageHUB when acting as either the swap provider or pool seller. Some highlights of the new functionality include: Discrete handling of…

mortgageHUB 2015 Release 3 Available in August

TAO Solutions is pleased to announce mortgageHUB 2015 Release 3. This release, which will be available to clients in August 2015, includes the following major features and enhancements: Opti-Pool enhancements: Opti-Pool has undergone several improvements, with the addition of the following features: Pool Builder Matrix: Gives a visual representation of possible pool sets, based on rates…

TAO Solutions Announces Support for Multi-Insurer Pools

In “Advice 11”  posted in the “Advice to Approved Issuers” section of CMHC’s website on March 31, 2015, CMHC details changes to NHA MBS pooling policies that allow for the inclusion of mortgages from multiple insurers.  This policy change will consist of two phases of computing system changes.  The first phase, which can be implemented…

Extensive Covered Bond Functionality Now Available in mortgageHUB

As a part of the mortgageHUB 2015-R1 release, available to clients on March 12, 2015, TAO Solutions is pleased to announce the inclusion of extensive covered bond functionality. This represents a major milestone for the mortgageHUB product and will greatly assist issuing institutions with both their contractual and legislative programs. Covered bond capabilities are being…

LLM and CPR Prepayment Models Added to mortgageHUB

TAO Solutions is pleased to announce the addition of two new prepayment models to both its loan and pool cash flow engines.   The two new methods supported are Linear Liquidation Model (LLM) and Constant Prepayment Rate (CPR). LLM was implemented by the Investment Industry Association of Canada (IIAC) in November 2014 and is meant to…

Revised NHA MBS Fee Support in mortgageHUB

In Advice No. 10 posted in the “Advice to Approved Issuers” section on CMHC’s website on December 1, 2014, CMHC details changes to NHA MBS Guarantee Fees for all approved issuers taking effect in April 2015. The new fee structure includes increased basis point fee amounts that are segmented by both pool term and issuer…

TAO Solutions Release Updates for NHA MBS Program Changes

TAO Solutions is pleased to announce the releases of updated versions of mortgageHUB and PoolMaker/Pool Manager to support changes to the CMHC NHA MBS program mandated for implementation on November 1st, 2014. Clients will be provided with documentation which provides step-by-step instructions for implementing the features described below. NHA MBS indemnity calculation mortgageHUB now features an…

mortgageHUB & secureHUB 2014/2015 Product Roadmap Released

TAO Solutions is proud to release the highlights of both the mortgageHUB & secureHUB roadmap for 2014/2015. After scanning the industry and listening to the needs of our clients, TAO Solutions has developed critical enhancements and functionality to its leading structured finance software solutions. These new core-product features to our flagship mortgage funding and portfolio…