Denver-based MountainView Financial Solutions, a Situs company and an advisor to the financial services industry, announced that it has expanded its asset valuation solution to include Enhanced Daily Marks for a range of hard-to-value Level 2 and Level 3 assets. This further strengthens MountainView's pricing and valuation offering, expanding the support provided to investors, mutual funds, REITs, investment advisors, and secured lenders.
MountainView's Enhanced Daily Marks go beyond the standard daily mark familiar to the industry and include transparency about the details underlying inputs and assumptions used to determine value. While the analysis provided is in-depth and sophisticated, the final report is intuitive, enabling the user to explain the results to investors and auditors.
"When it comes to valuation, we've always maintained that high-quality, detailed information and clear insights are essential to the final deliverable," said Brian Dunn, Managing Director of MountainView's loan valuation team. "Many will simply deliver the final determination of value as a number, but in our experience and practice, the underlying details paired with an intuitive report offer clients a valuation that checks all the boxes: it is in-depth, defensible and transparent."
MountainView's Enhanced Daily Marks are available for residential and commercial loans, marketplace lending (MPL) loans, asset-backed securities (ABS), residential mortgage-backed securities (RMBS), commercial mortgage-backed securities (CMBS), and collateralized loan obligations (CLO). This solution provides an additional tool for clients as they make investment decisions on loan and structured finance securities, bringing clarity in the midst of continued economic uncertainty that is adding layers of complexity for asset valuation.
"When market dynamics are difficult to pin down, as they are today, more frequent marks become critical for institutional clients," said Chris Kennedy, Managing Director at MountainView Financial Solutions. "Moreover, increasing consumer debt, a flat yield curve and uncertainty around the stability of some complex asset classes—specifically, MPL loans—is creating more demand for detailed valuations, which is really our bread and butter."