Standard & Poor’s Fixed Income Risk Management Services (FIRMS), an analytics and research unit separate from S&P’s ratings business, has launched a new data feed for investors to help them evaluate exposure and risk in the U.S. residential mortgage-backed securities (RMBS) market.

The company’s new U.S. RMBS Edition provides investors with loan-level performance data on subprime, Alt-A, prime jumbo, and other collateral types. The granular information provided through the monthly data feed includes static origination details as well as dynamic performance data, such as delinquency status, current balance, and current interest rate.

Standard & Poor’s is also planning to include in the feed the American Securitization Forum’s ASF LINC, a unique loan identifier applied at the loan level and intended to help identify and track mortgages throughout their lifetime as they are bought, sold, and securitized.

“In today’s environment, it is essential for investors to have access to granular and timely loan-level data,” said David Goldstein, managing director at S&P FIRMS. “Because S&P collects much of this information for our own research and analysis, we recognized that we could further assist investors track month-to-month loan performance, identify loan default trends, and monitor performance pools at a deal-level by giving them access to Standard & Poor’s Global Data Solutions —U.S. RMBS data.”

The U.S. RMBS Edition is available through Standard & Poor’s Global Data Solutions, a data platform that brings together a series of discrete data classes for investors and third-party distributors. Investors can select the type of feed they would like to receive based on their individual needs: the universe feed or a deal-based or loan-based sub-set of the U.S. RMBS Edition.