Articles Tagged with ''Due diligence''

S&P adds The Oakleaf Group to approved list of due diligence firms

Firm meets ratings agency’s assessment criteria
The Oakleaf Group, a provider of mortgage loan due diligence, mortgage modeling, analytics and advisory services, was recently added to S&P Global Ratings’ list of reviewed third-party due diligence firms for residential mortgage-backed securities, the firm recently announced.
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American Mortgage Consultants acquires The Barrent Group

Company expands to the Midwest
Following through on its promises of expansion, American Mortgage Consultants recently announced the acquisition of The Barrent Group's operations center and 50 of its mortgage professionals. TBG’s President Richard Barrent said the transaction with AMC was a good fit for his company because it will allow employees to continue serving clients.
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From HW Magazine

Vendorly platform reduces third-party vendor risk

Efficiently manages due diligence, document maintenance, monitoring and audits
Financial institutions need a comprehensive solution to help manage and maintain vendor compliance. Altisource’s external-facing, SaaS-based oversight platform, Vendorly, is specifically designed so financial institutions can easily and efficiently manage even a large number of third-party companies.
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Former Clayton Holdings execs band together to found new due diligence firm

New Diligence Advisors backed by Ranieri and Oaktree’s Selene Holdings
Last year, private mortgage insurer Radian Group announced that it was going restructure its services business, which is conducted through its principal subsidiary Clayton Holdings, due to “recent underperformance below expectations.” Now, three former Clayton executives are partnering up to launch a new due diligence firm that will directly compete with Clayton for business.
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American Mortgage Consultants takes out big loan to buy JCIII & Associates

Secures large senior credit facility from Monroe Capital
Late last month, HousingWire reported that American Mortgage Consultants, a third-party loan data verification provider, acquired its major competitor, JCIII & Associates. What wasn’t known at the time was how much American Mortgage Consultants was paying for JCIII & Associates. But more information about the deal is coming to light.
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American Mortgage Consultants buys JCIII & Associates

AMC to become "largest transactional due diligence firm"
The combined firm will operate under the name AMC and is "now the largest transactional due diligence firm in the residential mortgage space," according to a statement released on the matter. And, here's what the CEO of AMC told HousingWire about the deal.
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Richey May & Co. launches new unit

Unit will advise mortgage firms on M&A activity, compliance issues
Richey May & Co. adds a new area of focus to its business as compliance and competition heat up in mortgage lending and servicing.
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