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Manage complex risks using data-driven insights, advanced approaches, and deep industry experience.
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Milliman’s mortgage insurance and lender loan loss reserving framework leverages our unique combination of independence and depth of industry expertise to tailor custom models designed from either proprietary or industry data sources. Our models estimate the potential frequency and loss given default of mortgage loans from origination to their final termination.
Advantages of Milliman’s modelling framework include:
The marriage of mortgage insurance and mortgage lending experience developed over the past 20 years and leading modelling techniques have yielded among the most auditor-respected modelling approaches in the industry. Clients leverage Milliman’s loan loss reserving framework for:
Milliman’s extensive experience in consulting to the mortgage insurance industry yields unique perspective in reserve estimation. The Milliman framework examines a variety of methods to arrive at a best estimate of future delinquency related losses in consideration of a company’s definition of reserveable occurrence.
Our team is dedicated to analysing mortgage and credit risk, specialising in statistical, actuarial, and econometric risk-assessment techniques.
Milliman assists clients with compliance-related analytics for both fair lending and quality control reviews.
We combine actuarial and modelling expertise with capital markets structure analysis to deliver meaningful financial feasibility studies.
We specialise in building customised and cost-effective solutions to measure and manage the risks associated with originating credit risk.
Ken Bjurstrom is a principal with the Milwaukee office of Milliman and joined the firm in 1998. He manages a practice dedicated to analyzing the financial risks associated with issuing and servicing mortgages, mortgage guaranty insuran...
Mike Schmitz is a principal and consulting actuary in the Milwaukee office of Milliman. He has been with the firm since 1993. Mike manages a practice dedicated to financial risks such as mortgage guaranty, financial guaranty, and credi...
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