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Tag Archives: Allonhill

Stewart Fortifies Foothold in Capital Markets Space with Allonhill Buy

Stewart Lender Services announced Tuesday that it has acquired key assets of the due diligence and credit risk management firm Allonhill. Stewart will retain all Allonhill personnel as well as Allonhill's headquarter facility in Denver and the technology developed by the Allonhill team. The acquisition strengthens Stewarts offerings by adding due diligence, loan quality reviews, compliance solutions, and servicer performance management to its suite of products provided to the mortgage servicer and investment communities.

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Allonhill Strengthens Business Development Team

Allonhill, a third-party review firm specializing in mortgage due diligence and credit risk management, expanded its business development team with the appointment of two managing directors of sales. David Pike and Brian Sherman were selected to help the company explore new opportunities for growth.

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OCC Releases Status Report on Fixing Deficient Foreclosure Practices

The Office of the Comptroller of the Currency (OCC) issued a report Tuesday on actions taken to correct deficiencies in mortgage servicing and foreclosure processing by the 12 institutions it oversees. The OCC has made public the names of the independent consultants retained for foreclosure reviews, and notes that evaluations of certain cases and mailings to more than 4 million borrowers are underway. The agency says all servicers have instituted policies to end dual-tracking and provide borrowers with a single point of contact.

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Allonhill Hires New Managing Director of Due Diligence

Allonhill, an independent third-party review firm specializing in mortgage due diligence and credit risk management, hired 25-year mortgage industry veteran Jennifer LeSueur as managing director of due diligence, overseeing Allonhill's private-sector due diligence operations. LeSueur previously served as director of underwriting at Teletech Loan Services and was VP of credit risk oversight at Aurora Loan Services.

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Allonhill Names Managing Director of Business Process Management

Allonhill, an independent third-party review firm specializing in mortgage due diligence and credit risk management, has hired Jim Sadler as managing director of business process management and analytics. He is responsible for refining the firm's business processes and operational strategy. Additionally, he will develop custom analytics to measure and report the company's performance and help put into operation a new client-facing implementation team.

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