Performance Analytics
Definition
Tasa de Pago (Payment Rate)
Cobros recibidos ÷ saldo inicial. Mide la salud de conjuntos revolventes para tarjetas de crédito y estructuras ABCP. Si la tasa de pago cae por debajo del umbral mínimo, se activan los desencadenantes de amortización anticipada.
Deep Dives
Related Terms
CPR (Constant Prepayment Rate)
Annualised measure of the percentage of outstanding principal prepaid in excess of scheduled amortisation. Monthly equivalent: SMM = 1 − (1 − CPR)^(1/12). High CPR shortens pool life and compresses investor yield.
Vintage Analysis
Performance tracking of loans originated in the same calendar period (month, quarter, year), allowing like-for-like comparison across cohorts. The primary tool for identifying underwriting deterioration.
DPD (Days Past Due)
The number of calendar days since a scheduled payment was due but not received. 30–59 DPD: early delinquency; 60–89 DPD: serious delinquency; 90+ DPD: default in most consumer pools.