Loss Share Portfolio Reporting for Federal Financial Regulator

Oakleaf provided financial institution SMEs, data science/analytics, data visualizations and reporting to support the FDIC’s Division of Resolutions and Receiverships (DRR) Risk Sharing Asset Management (RSAM) group’s Receivership Assets Data Repository (RADR) loan-level database and data services, supporting their nationwide bank resolution program (“Loss Share.”) 

 

Oakleaf personnel served in hybrid financial institutional and data analytics SME capacities.  As the key "power user" and functional expert supporting the RADR database, we provided the client with: hypothesis testing of mortgage economic theories; ad-hoc time series analysis supporting predictive analyses; and ad-hoc analysis and reporting to support Congressional inquiries on the progress and management of the Loss Share program regionally.  Oakleaf's contributions enabled FDIC staff to quickly and accurately perform complex, detailed analysis of market and institution risks and to research issues in the Loss Share portfolio.

 

Oakleaf staff validated and assisted in refining an Early Terminations analytical model that validated DRR analyst preliminary assessments and required decisions regarding financial institution requests for exiting from Loss Share agreements sooner than originally envisioned.  Oakleaf also produced a suite of tool-driven analyses and reports that allowed for powerful data visualizations.

 

Oakleaf created, designed and developed reports on financial institutions for the field and senior management. This included conceptualized views of relevant data implementing needed business metrics: I.e., producing multiple final outputs and graphical displays to convey the meaning of the complex mortgage data and concepts that resulted in adoption by the FDIC.

 

Oakleaf also created dynamic ad hoc reporting that was adopted by FDIC to support key risk decision-making in areas such as: Financial Institution Real Estate Owned 'roll rates'; analyses of institutions’ loan modification compliance; and calculations of loss severity measures and foreclosure claims.

 

As the business area’s lead consultant to the Division’s IT RADR team lead, Oakleaf assisted in combining many data sources into this central database and developed and provided data quality edits and accuracy reporting. We made recommendations for data editing and cleansing processes, which the DIT adopted to ensure the highest quality of data. We improved the effectiveness of FDIC’s financial risk modeling by consistently improving the accuracy of RADR data through feedback, assessment and reporting.

 

Finally, Oakleaf staff collaborated across functions in a lead role to coalesce team input into the standards and research analytics of RADR to determine optimal calculation or definition of data elements. Defined and implemented the business requirements of the Change Control Board’s database changes, ensuring alignment with the business area. We worked with the RADR development team, the Division’s IT department, and the RSAM project management team to derive and implement RSAM data standards to the RADR database.