Collect dated records
TrackCRE checks public loan filings and agency records on a scheduled basis, retaining monthly history rather than replacing prior observations.
Methodology
Rules first. Evidence attached. Uncertainty visible.
TrackCRE uses repeatable collection, matching, and classification steps so analysts can understand why a record appears and what supports it.
From source record to ranked signal
Normalize and match
Names and addresses are normalized before matching. Loan-to-property links use ZIP and street evidence; uncertain candidates go to review instead of being forced.
Connect collateral evidence
Matched properties are enriched with county ownership and value records plus verified property information where available. Portfolio collateral remains a set of component locations, never an invented single address.
Apply stated rules
Labels are recomputed after new records arrive. Each label keeps the reasons and source dates that support it.
Publish only qualified records
Customer-visible records must pass product scope and ownership checks. Hidden records remain in the system for review and can reappear when sufficient evidence is obtained.
Distress labels
- ALERT
- Six or more months of payment staleness, a securitization value decline of at least 30%, or a qualifying agency distress condition.
- WATCH
- Recent special-servicing transfer or a non-current payment status.
- MONITOR
- Maturity within 24 months without a stronger current trigger.
- CLEAR
- No current rule-based trigger in the available records.
Quality controls
- Missing values display as unavailable, never as zero.
- Property listings require a matching street number and ZIP.
- Weak ownership and collateral matches are held for review.
- Source and observation dates remain visible for independent checking.
- Records outside stated scope stay out of customer ranking while their history is retained.
Limits
Public and licensed records can be delayed, incomplete, or corrected later. A TrackCRE label is a research signal, not a default prediction, appraisal, or investment recommendation. Customers should verify source records and perform their own diligence.