Things at Ocwen just went from bad to much, much worse

Things at Ocwen just went from bad to much, much worse

Embattled company hit with an avalanche of bad news

Pending home sales surge to highest level in 18 months

Buyer demand boosts sales

Foreclosure: The Movie… (finally!) coming to a screen near you

In new film, neighborhood of foreclosed homes drives man insane
W S
Lending / The Ticker

Mortgage Industry Advisory Corp. announces purchase of MDS

Mergers

Mortgage Industry Advisory Corp. (MIAC) — a firm that offers third-party asset pricing services and secondary market hedging solutions — announced its purchase of Mortgage Delivery Specialists LLC (MDS) this week. 

"Among many natural synergies, through this business combination, MDS will provide supplementary loan performance data analysis which will support the MIAC borrower analytics team," said Kent Loehrke, former principal of MDS and now a managing director with MIAC.

MIAC currently provides servicing and whole loan valuations for more than 300 customers — a situation that will be enhanced by MDS’s operations.

The MDS team – which provides mortgage analysis and agency securitization delivery services – will be able to keep its existing team intact, and will run under the name "Mortgage Delivery Services, a MIAC company."

Recent Articles by Kerri Panchuk

Comments powered by Disqus