S&P Approves Global Financial Review as RMBS Due Diligence Provider

""Global Financial Review, Inc."":http://gfreview.com (GFR), a Denver-based mortgage due diligence and asset management firm, has been approved by ""Standard & Poor's Ratings Services"":http://www.standardandpoors.com/home/en/us (S&P) as a third-party due diligence provider for U.S.[IMAGE]residential mortgage-backed securities (RMBS). S&P conducted a thorough review of GFR's experience, processes, capabilities, infrastructure, systems, and business practices prior to adding the company to its select list of approved firms.

""We appreciate S&P's recognition of our company's ability to add insight into the quality and validity of the loan origination information used in its RMBS ratings process,"" said Trenton Staley, founder and president of Global Financial Review. ""The reliability and transparency of

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loan level data will be critical to the re-emergence of the private-label RMBS market.""

S&P published its criteria for third-party review firms in November 2008, acknowledging that the use of third-party due diligence results in its rating process will increase transparency and enhance credit quality assessment. The published list of approved due diligence firms is updated by S&P quarterly.

For the past 12 years, GFR has provided institutional investors with a variety of due diligence, servicing oversight, and asset management advisory services. The company says its expertise in the review of non-performing mortgage loan pools contributed greatly to its continued success during this historic downturn of the residential mortgage market.

According to GFR, it was the first due diligence company of its kind to introduce narrative loan status summaries, incorporating servicer collection comments and cash flow analyses into standard client reports.

""We earned our reputation as the premier default due diligence firm by providing our clients with a greater level of loan specific information than was available from any of our competitors,"" Staley said. ""As a result of the deterioration of the credit markets, our intense loan level focus is now being recognized as an important component of future prime mortgage loan due diligence.""