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…

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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…

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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…

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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…

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An Important Message About Shellshock for TAO Solutions Clients

TAO Solutions’ systems and sensitive client data are not exposed to the Shellshock (also known as Bash) vulnerability, as no Linux or Apache servers are present in our network infrastructure. Client-hosted installations of mortgageHUB and secureHUB products and related data are also not susceptible to these attacks, unless one or more servers in your network…

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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…

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