NEW YORK--(BUSINESS WIRE)--KBRA Analytics, Inc. is pleased to announce a recent investment in Weiss Residential Research LLC (WRR). The partnership will provide end users with an abundant, credit worthy amount of information.
Weiss Residential Research’s proprietary technology optimizes housing market decisions. Weiss’ technology has calculated property specific price indexes for over 45 million homes, far more than alternative index databases. The increased resolution of the WRR indexes makes unseen trends visible, providing earlier indications of market changes.
WRR’s founder Allan Weiss has helped create several residential risk management solutions over the past 20 years. In 1992 Weiss co-founded Case Shiller Weiss (CSW) with professors Karl Case and Robert Shiller. CSW created home price indexes at the metro area and zip code levels. CSW provided better house price information to the marketplace and enabled the creation of home price securities.
"Kroll Bond Ratings’ partnership with Weiss Residential Research continues our effort to provide the marketplace with the most in-depth and useful data”, said Jim Nadler, President and COO of Kroll Bond Rating Agency, Inc. and a board member of WRR. “We look forward to collaborating with Weiss Residential Research and using their data to further enhance our ratings analysis as well as jointly developing future analytical products”, Nadler added.
“We are pleased to be working closely with Kroll Bond Ratings to further enhance the ratings process with our high resolution market analytics. I believe our collaboration can help deepen the quality of decisions across the residential investment marketplace”, said Allan Weiss, CEO of Weiss Residential Research.
About Kroll Bond Rating Agency
Kroll Bond Rating Agency, Inc. is registered with the U.S. Securities and Exchange Commission as a Nationally Recognized Statistical Rating Organization (NRSRO). In addition, Kroll Bond Rating Agency, Inc. is recognized by the National Association of Insurance Commissioners (NAIC) as a Credit Rating Provider (CRP). KBRA Analytics, Inc. is a sister company of Kroll Bond Rating Agency, Inc.
About Weiss Residential Research
Weiss Residential Research LLC produces uniquely granular home price indexes and indexed property valuations for use in investment decisions, portfolio management and modeling engines. WRR analytics are created through the use of Big Data techniques, novel algorithms and by harnessing massively parallel computing power.