The Transition Matrix shows the evolution of the delinquency status of a given pool between periods of time. This status transition is based on the loan count, outstanding principal balance, or percentage of total pool outstanding balance, depending on your selection in the "View Data As" control at the top of the page. This tool is available under the Performance tab of all product lines except Intelligence.

To read the transition matrix, remember that the column headings refer to the DQ state of the loans at the end of the first period, and the row headings are the DQ state of the loans at the end of the second period. For example, if you are looking at data as of today and over a period of one month, the column headings would refer to DQ status in the current period, whereas the leftmost column contains the row headings for the previous period.

In the example below, $6,001,070 worth of the loans that were 30-59 Days Past Due (DPD) cured back to a status of 16-629 Days Past Due (DPD) as time advanced from the end of November 2018 through December 2018. The loan balance used for display and calculation is the loan balance as of the end of the first period.

Roll Rates

Roll Rate charts can be found under the matrix. By default, the page shows the historic Roll Rate of Current status to Current

These charts have automatic Y-axis sizes to make them compact, so check the axis limits! Using the mouse to explore the plot will reveal additional info with the exact month and roll rate. For example, in the chart below, the minimum Current-to-Current Roll Rate for January 2016 is 98.68%, not 0 as you may initially think.

To see other Roll Rates plotted, check the box of the transition you'd like to see. For example, to see the 16-29 DPD to Current and the 30-59 to 16-29 roll rates, you would click the relevant boxes. Unchecking a cell in the Transition Matrix turns off the specific Roll Rate plot.