A method for analyzing and forecasting the performance of a mortgage-backed security or pool thereof comprises the steps of collecting actual data relating to mortgage loan transactions and property valuations, determining whether the property value for a particular real property is above or below a current mortgage balance, and associating a performance rating to the real property based on such determination. A method for identifying potential mortgage borrowers comprises the steps of collecting actual data relating to client information and real estate listings, determining whether a client listed therein may be in need of a new mortgage loan, and notifying one or more third-parties of such determination. A system for running the aforementioned methods comprises a computer readable medium, an input means, a processor, and a display module, which system is capable of executing various subroutines and user commands to perform the methods.