Experience

BlackBox consists of experts in the residential real estate and data markets.

Clients & Testimonials

Algorithmics, Inc.

Gideon Lubin, Manager, Credit Advisory and Valuation Services at Algorithmics is a long time BlackBox Logic client and stated, "Blackbox logic provides a unique value to a firm like ours with few IT resources or infrastructure. The data provided is broad, deep, timely, and constantly improving. The front end is user friendly, highly customizable and packed with tools that help spot trends and make decisive investment decisions. But what really sets BlackBox Logic apart from its competitors is its incredible value and its support staff that is highly responsive, incredibly competent, and always more than willing to provide value added services, whether in terms of custom reports, enhanced functionality, or even data maintenance advice. Their willingness to make the product fit our processes, rather than the reverse is unparalleled in the industry."


Columbia Business School

"The team at BlackBox Logic has introduced important advances to the market that are progressing our understanding of borrower behavior and other mortgage trends," said Christopher Mayer, Senior Vice Dean and Paul Milstein Professor of Real Estate at Columbia Business School.

"Turbulence in mortgage markets has underscored the need for transparent and accurate loan-level data, and BBx Data gives us the deep dive we need to produce well-rounded research," said Professor Mayer. "BBx Data allows us to analyze the most current and pressing macroeconomic RMBS trends such as how the market is responding to loan modifications offered by private banks and how credit scores relate to loan defaults by providing a granular look at the individual characteristics of loans that comprise RMBS bonds and deals."


Louisiana State University

"BlackBox Logic data is already the basis for over a dozen research papers and several dissertations at LSU," said Dr. Joseph Mason, Hermann Moyse, Jr./Louisiana Bankers Association Endowed Professor of Banking, Louisiana State University and Senior Fellow, The Wharton School. "The ability to drill down from deal-level to loan-level data facilitates not only real estate research, but also research on the links between loan performance, pool performance and the value of MBS."


Equifax Capital Markets

"More than ever before, investors are focused on addressing industry and policy requirements while looking for ways to increase their confidence in the collateral behind securities. This is where solutions that provide transparency into collateral risk play a critical role," said Dennis Corkery, vice president of Equifax Capital Markets. "The combined strength of Equifax's industry-leading solution and BlackBox Logic's extensive loan-level MBS data gives investors the insight they need to better predict securitized loan performance and make more confident trading decisions."


Stuart Gabriel

Using BlackBox Logic's data, Dr. Stuart Gabriel, Arden Realty Chair and Professor of Finance at the UCLA Anderson School of Management and Director of the Richard S. Ziman Center for Real Estate, stated, "We are working on a number of projects seeking to understand the changes in behavior of mortgage buyers during the recent period of boom and bust in the housing market."


Five Bridges Advisors LLC

"Research is the engine of our company. It provides us a unique and differentiated look at risk and performance in the mortgage markets," said Michael Youngblood, co-founder and principal of Five Bridges Advisors LLC, who utilizes BlackBox Logic's Data. "I am quite familiar with other aggregate RMBS data providers and can say the scope, depth, accuracy and speed of BBx Data are unparalleled."

"I believe BlackBox Logic offers the most comprehensive, accurate, granular and timely data on non-agency mortgage loans and securities today," said Mr. Youngblood. "They have spent far more energy in evaluating raw source data and creating fields that cleanse or filter it; they provide a much greater number of fields that can only enhance their customers' use of the data; and it is a larger dataset than their competitors."


StormHarbour Securities LP

"BlackBox Logic and Thetica Systems have delivered a highly useful tool that provides better insight into mortgage markets and enables us to better serve our clients. It allows us to make the highest and best use of our predictive models," said Miles Draycott, head of client solutions for StormHarbour, a New York-based investment firm. "These are truly exciting times for our modelers and analysts."


Thetica Systems, Inc.

"We're thrilled to team up with the industry's most comprehensive loan-level data provider," said Jack Broad, president of Thetica Systems. "This partnership offers analysts and investors more flexible and streamlined integration of bond valuation components including credit modeling, cash-flow waterfall libraries and in-depth loan-level data."