Tag Archives: Quality Assurance

The Collingwood Group announced this week that it has acquired GWN Consulting, LLC, a firm specializing in Federal Housing Administration (FHA) and Ginnie Mae risk management and quality control. GWN's business will operate as part of Collingwood's risk management and compliance division, and will be managed by Brian Montgomery, chairman of Washington, D.C.-based Collingwood. GWN's team of professionals have more than two centuries of combined direct HUD experience.

Clayton Holdings announced the formation of a new securitization group dedicated to helping the private market prepare for the return of non-agency residential mortgage-backed securities (RMBS). Clayton Holdings provides customized risk analysis, loss mitigation, operational solutions, and staffing services to the mortgage and fixed income industries. The firm's new securitization group will offer consultative services, as well as loan reviews and due diligence services in readying the secondary market for greater private sector involvement.

Looking Glass Group, a provider of professional consulting services to the financial services industry, has added three mortgage industry veterans to its team: Rebecca Walzak, Melissa Hill, and Janet Peters. Walzak has been named president of the mortgage consulting firm, and Hill and Peters are senior partners. Each brings over 25 years of front line mortgage experience to Looking Glass Group, expanding the firm's ability to support clients in the areas of risk management, quality control, and audits.

Florida-based eMASON, Inc., developer of the Clarifire business process automation software for the financial services industry, has unveiled the Clarifire Community. The Clarifire Community portal allows borrowers, servicers, investors, title agents, real estate agents, regulators, and other mortgage industry players to come together via a single platform to synchronize activities relating to mortgage loans, while ensuring compliance with federal regulations such as single point of contact and borrower communications.

Ellie Mae, a provider of automation solutions for the residential mortgage industry, announced Friday that it has appointed Lisa Schreiber as the company's new VP of lender business development. In her new role, Schreiber oversees the company's efforts to build and maintain productive, collaborative relationships with mega-lenders and correspondent investors. Her first major undertaking with Ellie Mae is managing the implementation of the company's TQL (Total Quality Loan) program by a top five mega-lender.

Aklero Risk Analytics Inc., which provides loan quality and risk mitigation solutions to the mortgage lending industry, has hired John Alarcon as chief financial officer. In this role, Alarcon oversees financial operations, planning, and human resources at Aklero. He brings more than 16 years of senior executive experience to the firm and has held positions in management, finance, and operations at both private and public software, consulting, and financial services companies.

Quality Mortgage Services (QMS) provides mortgage quality assurance and mortgage compliance solutions nationwide, and the company says it's able to perform foreclosure audits for any servicers that need or what a retrospective review. In April, federal regulators directed 14 of the nation's largest mortgage servicers to hire third-party firms to conduct a 'look-back' audit of their foreclosure cases from 2009 and 2010. QMS says all servicers should be ensuring they are, and have been, fully compliant with proper foreclosure procedures.

Aklero Risk Analytics Inc., a provider of mortgage quality control software and services, has promoted Julia Hernandez to SVP of professional services. Hernandez previously was Aklero's VP of implementations. Hernandez is an industry veteran with more than 25 years of experience in the information technology, banking, and finance industries.

Aklero Risk Analytics Inc., a Pennsylvania-headquartered provider of automated data and document validity assurance for the mortgage industry, promoted Craig Riddell to SVP of client solutions. Previously, Riddell was the company's VP of product management and client relations. Aklero says its 500 percent percent growth is in large part due to Riddell's knowledge of the mortgage industry and his ability to translate client needs and market demand into value added solutions.

Carrington Property Services, LLC, a residential asset management company, recently restructured its operations to increase its capabilities in residential asset management services, a move expected to benefit lenders and servicers. The company has realigned its operations into three primary divisions - rental, REO administration, and centralized services.