BancPath Report FAQ: How are assets analyzed in the model? Answer: The BancPath® model analyzes each individual asset based on its unique pricing characteristics. For example, each loan by loan number is analyzed based on its ...
BancPath Report FAQ: Does the model capture floors on variable rate loans? Answer: Yes, floors are capture from analyzing the loan data file provided by management. Evidence of the floor capture can be illustrated in the Variable Rate ...
BancPath Report FAQ: Are the critical assumptions stress-tested? Answer: Yes. The model performs six different stress-tests on the critical assumptions in the model. The details of the stress-tests are outlined in the Addendum. Additionally, ...
BancPath Report FAQ: How often is the BancPath Model Certified? Answer: Although there is no regulatory requirement on a time frame for certification, it is generally accepted that the model should be validated whenever there is ...