Vista MDX.GN Swap Trading Begins
September 2026
Developed in collaboration with ICE, major dealers, and market infrastructure providers, MDX.GN Swaps bring data-driven innovation to trading borrower credit risk through new benchmarks designed to measure consumer and household performance.
Explore MDX in Action
About Vista MDX Indices
Vista MDX Indices are mortgage credit benchmarks based on the performance of single-family home loans. By referencing a large cross-section of US household borrowers, MDX Indices capture essential trends in the credit performance of US housing and consumers. With clear, rules-based definitions for determining credit events and straightforward calculations for assigning values, MDX Indices are designed for broad use as benchmarks for financial products including swaps and derivatives. Vista will publish a new MDX Series every six months, enabling the market to monitor household debt trends across a range of characteristics.
MDX Resources
Request MDX.GN Data Access
Use our data request form to request access to Vista Index Data, Loan Identifiers, and Loan Level Details.
How MDX Captures Borrower Credit Performance Lifecycle
MDX measures the cumulative credit experience of mortgage loans in the United States, capturing credit positive, neutral, and negative outcomes.
MDX focuses on credit events, such as serious delinquencies and modifications, to calculate a credit stress rate. Loss severity considerations are simplified allowing for timely determinations of borrower credit stress.
