Huron Consulting Group (NASDAQ:HURN), a provider of financial and operational consulting services, said today that it has released a report that is designed to help institutions determine the risks posed to them by the meltdown in subprime credit.
â€œThe subprime mortgage world is under tremendous pressure,â€? said Ken Evola, managing director, Huron Consulting Group.
â€œThe recent news surrounding improperly managed subprime mortgages, which has in some cases forced bankruptcy, requires that companies carefully evaluate risk right now to determine an appropriate course of action. This report is a tool for Board Members and CEOs to help determine risk and instability in their subprime mortgage portfolios.â€?