Within the Collateral: Scenarios tab, users can stress the collateral under different scenarios.
The user can create multiple scenarios, and apply them on various reports. The tab will open with five scenarios, but the user can add more by clicking the Add New Scenario(s) button. Within scenarios, users can:
- Name scenarios
- Change the order of scenarios for reporting purposes
- Select which scenario will be the first or default scenario to be run when viewing Reports
It is important to highlight that TRA Scenarios vary based on the type of collateral modeled (from the Deal Type wizard). For example, TRA deals comprised of auto loans will show the Loan Parameters scenario stresses but deals with both Loans and Solar Projects will display both the Loans and Solar Parameters sections. If the deal is securitized, the user will have a Deal Parameters section, where they can define whether or not the call option will be executed during these scenarios. In loan-based deals, the user will also see the solver.
Given the importance and complexity of this tab, it has a dedicated section in this knowledge base.