Solutions

By Sarthak Rajani
March 24, 2025 | 10 min read

Welcome to RAP! Here is an introductory guide to Solutions, an interactive library of industry use-cases designed and developed by the experts of the data.

Alongside our comprehensive mortgage, real estate, and fixed income datasets showcased in RAP, we are introducing Solutions developed by data science professionals leveraging our mortgage data and industry expertise. While our data enhance clients' market intelligence with the most robust information available, Solutions will provide a jump start for data scientists in RAP to start solving for common mortgage D&A growth, retention, risk and research use cases.

Solution Categories

Solutions are broadly divided into six categories.

Loan Origination
- Solutions that help lenders compete in the market, optimize pricing, and support compliance initiatives on new loan production.
Portfolio Management
- Analyze portfolio runoff and retention rates, track collateral risk, and conduct detailed analysis of loan performance trends benchmarked to the market.
Secondary Markets
- Loan-level and securities performance data coupled with evaluated pricing and liquidity analytics that provide a complete view of the residential mortgage secondary market.
Market Research
- Track key performance metrics across mortgage, housing, and real estate to align strategically with current market dynamics.
Exploration and Coverage
- Get started with ICE data through exploratory data and analysis notebooks built by the experts. Gain an understanding of depth of history, coverage, key features, and common use cases.
Training
- Explore notebooks built to get you started on RAP and showcase its functions and features. Dive into our analytics platform by learning data engineering techniques and leveraging advanced data science libraries.

Components of Solutions

RAP Gallery
- Homepage: Displays solution categories and its descriptions. Clicking on any one of these categories will take the user to its respective page.
- Category Page: Showcases associated solution sets, their descriptions, and the number of licensed and unlicensed solutions in each set. To explore more about a particular solution, click on it to view its contents.
- Solution Page: A detailed information page for a specific solution, providing relevant details to help users determine if it meets their needs. The "Open in RAP" feature will create a folder in RAP Studio and copy all necessary files to execute the solution.
- Search:
  - i. Solution Set: Allows users to filter solutions by matching solution names and descriptions in the set.
  - ii. All Page: Enables users to search across all data and solutions to easily find relevant content.
- Cart: Allows users to request the purchase of unlicensed solutions and associated data tables in a single click.

RAP Studio
- Data & Solutions drawer: Provides access to purchased solutions. Click on the ellipses (three vertical dots) next to the desired solution and select “Create Solution” to copy the solution files to your Contents drawer.

Instructions

Using a Solution - Method 1

1. On the Solutions tab in RAP Gallery, select Exploration and Coverage

2. Under Basic Dataset Overview solution set, select Automated Valuation Model (AVM) solution.

3. View all related details to the solution and learn about its use cases.

4. Scroll down and click on “Open in RAP”.

5. You will receive a notification on top-right corner.

6. Solution will be available for your use in the Contents drawer under “Solutions” folder.

Using a Solution - Method 2

In RAP Studio, go to Data & Solutions drawer and navigate to the desired solution.
Click on the ellipses (three vertical dots) next to the solution and select “Create Solution” option.

3. Solution will be available for your use in the Contents drawer under “Solutions” folder.

Requesting a Solution

Go to the Solution you want to license. Click on “Request” just to the right of the Solution name.

2. The Solution will be added to your cart along with unlicensed datasets required to run the requested Solution.

3. You can edit the message to add any relevant details. Once done, click on “Submit”.

Sarthak Rajani, Data Scientist

After transitioning from engineering to fintech, Sarthak earned a master’s in quantitative finance from the University of Maryland, College Park. He now excels as a data scientist on the RAP team, bringing profound expertise in data science to drive innovative solutions and strategic insights, along with substantial skills in product specialization and client support.