Denver-based ""Allonhill"":http://www.allonhill.com/, an independent third-party review firm specializing in mortgage due diligence and[IMAGE]
credit risk management, recently named veteran underwriter Ross Gammill as director of the firm's new commercial due diligence offering.
Gammill comes to his new position with more than seven years' experience in the financial services industry. Most
[COLUMN_BREAK]recently, he served as underwriter for Bridger Commercial Funding, where he underwrote more than $400 million in commercial bonds. In addition, he was previously a financial consultant with Triage Consulting, where he helped recover lost revenue ranging from $1 million to $20 million.
Allonhill is beginning its commercial due diligence service just as the commercial mortgage-backed securities market is showing signs of renewed life; however, deal flow in the near term is expected to lag considerably from the market high of $232.4 billion in 2007, the firm said.
""Our unmatched expertise in mortgage due diligence and credit risk management, coupled with some of the best commercial real estate talent around, will provide valuable support for investors and issuers of commercial mortgage-backed securities as this market re-emerges this year,"" said Sue Allon, CEO and founder of Allonhill. ""Thorough due diligence performed by independent third-party review firms will help restore investor confidence in this severely deteriorated sector.""