Investor Reporting and Integrity System

Investor reconciliation built for real accountability.

IRIS validates your servicer data against FNMA, FHLMC, GNMA, and private investor destinations daily — surfacing variances before they become repurchases, compensatory fees, or exam findings.

Request a Demo What We Solve
4 investors
FNMA · FHLMC · GNMA · Private
Daily recon
Not month-end
AES-256
Data encryption
IRIS — Recon Dashboard
Live
Open Variances
23
5 critical
GSE Match Rate
99.2%
▲ 0.3pts vs last run
Today's Runs
4
All completed
Custodial Exceptions
2
Needs review
FNMA LSDU
Current
FHLMC Servicing Gateway
Current
GNMA RFS
1 variance
Private / PSA
2 pools
IRIS — Exception Workbench
23 Open
Critical
5
Action needed
Warning
11
Review
Info
7
Monitor
UPB drift — Loan #29104 (FNMA)
Critical
P&I posting mismatch — Loan #29087
Warning
Delinquency status delta — 3 loans
Warning
Pool RPB drift — Pool #G2-4821
Critical
IRIS — GSE Reconciliation
Today's Run
FNMA LSDU — 4,218 loans
99.6% match
FHLMC Gateway — 2,104 loans
99.8% match
GNMA RFS — 1,560 loans
98.9% match
Overall GSE Match Rate99.2%
IRIS — Custodial Recon
3-Way Match
Servicer SOR
$842M
UPB balance
Custodial Bank
$841.8M
$180K delta
Principal & Interest Account
Matched
Escrow / Impound Account
$180K variance
Investor Remittance
On schedule
BAI2 Feed (BNY Mellon)
Current
What We Solve

Investor reporting failures are expensive. Most servicers discover them too late.

Month-end surprises
Variances between your servicing data and investor reporting destinations are discovered at cutoff — when there's no time to resolve them before remittance. IRIS runs daily so nothing hides until month-end.
Repurchase and indemnification risk
Unreported UPB drift, missed delinquency status updates, and incorrect liquidation reporting create repurchase exposure with FNMA and FHLMC. Early detection is the only cost-effective defense.
Manual reconciliation in Excel
Most servicers are running investor recon in spreadsheets — error-prone, non-auditable, and a key exam finding. IRIS replaces that with a rules-driven platform that produces evidence, not files.
Platform Modules

One platform. Every investor destination.

IRIS covers the full investor reporting surface — GSE, Ginnie, custodial, default, liquidation, and private deals — in a single reconciliation platform with a shared exception workbench and audit trail.

GSE Reconciliation
Daily validation of loan-level activity against FNMA LSDU and FHLMC Servicing Gateway. Checks UPB drift, P&I posting, ARM rate timing, delinquency status, and liquidation reporting.
FNMAFHLMCDaily
Ginnie Pool Accounting
Reconciles pool-to-security balances against GNMA RFS, monitors RPB drift, validates monthly reporting, and flags pool delinquency thresholds before they trigger pool deficit risk.
GNMAMBSRPB
Custodial Account Reconciliation
Three-way match across servicer SOR, custodial bank, and investor remittance. Supports BNY Mellon, Wells Fargo, and US Bank BAI2 feeds with daily aging reports and exception tracking.
3-Way MatchBAI2Aging
Default & Delinquency Sync
Aligns servicing delinquency status with investor reporting — Freddie EDR, Fannie default feeds, Ginnie default file. Surfaces compensatory fee exposure before it accrues.
EDRComp FeesDefault
Liquidation & Curtailment
Validates payoff accuracy, foreclosure proceeds, short sales, and curtailments against investor reporting. Ties insurance claims to investor losses with a full evidence trail.
PayoffsREOClaims
Private Investor & PSA
Configurable rules engine for bespoke PSA requirements. Remittance, advances, and waterfall logic managed via configuration — not code — enabling new private deals without engineering effort.
PSAWaterfallConfigurable
Why IRIS

The independent validation layer your investors already expect you to have.

01
Sits above your servicing platform
IRIS is independent of ICE MSP, Sagent, or LoanSphere — it reads your reporting output and validates it against the investor destination, giving master servicers and capital markets teams an unbiased view of what's being reported.
02
Daily cadence, not month-end
By the time month-end arrives, remittance has already run. IRIS reconciles daily so variances surface with enough lead time to investigate, correct, and document before any reporting deadline.
03
Rules as data, not code
Reconciliation rules are versioned configuration, not hard-coded logic. Agency guidance changes, PSA amendments, and new investor requirements can be applied without a deployment.
04
Audit-ready from day one
Every run, every variance, every resolution is timestamped and logged. When examiners ask for evidence of your investor reporting controls, IRIS is the answer — not a stack of spreadsheets.
4 types
FNMA · FHLMC · GNMA · Private PSA
All Investors
Daily runs
Full reconciliation cycle, every day
Not Month-End
100%
Audit-logged runs, variances, and resolutions
Full Trail
AES-256
Encryption at rest and in transit
TLS 1.2+
Optional AI Assistant

Ask questions. Get answers grounded in your reconciliation data.

IRIS includes an optional AI assistant that answers questions about your variances, run history, investor positions, and loan-level detail in plain language — no queries to write, no reports to pull.

Plain-language Q&A across variances, runs, and investor positions
Enable or disable based on your organization's risk tolerance
Off by default · Enable in Settings

Stop finding investor reporting variances at month-end.

Schedule a demo of IRIS and see how daily reconciliation across FNMA, FHLMC, GNMA, and private investors can replace the spreadsheets and month-end scrambles your team is living with today.

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Get in Touch

Let's talk investor reconciliation.

Whether you want a demo of IRIS, have questions about your specific investor mix, or want to explore what daily reconciliation looks like for your portfolio — we'd love to hear from you.

info@blackwolfsolutions.io
www.blackwolfsolutions.io
LinkedIn
Jacksonville, Florida
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