New offerings complement services provided by Incenter Mortgage Advisors.
Incenter Diligence Solutions, a provider of due diligence and document management services for the mortgage industry, said Wednesday it has expanded its offerings for the mortgage servicing rights (MSR) trading market.
The offerings complement the trading services provided by Incenter Mortgage Advisors, the company said..
“In an active trading market, participants must be able to quickly identify and manage their short-term and long-term risks so that they can transfer assets with agility and seize new revenue opportunities,” said Pamela Hamrick, president of Incenter Diligence Solutions, formerly known as Edgemac. “Incenter Diligence is streamlining obstacle-ridden diligence processes without making them cookie-cutter. We are customizing each engagement to address the unique goals, strategies and best-execution practices of every client.”
For each buyer or seller, Incenter Diligence’s experienced team creates a tailored review scope based on seasoning, geography, performance, and other key portfolio attributes. The firm also individualizes reporting and document delivery services. The approach encompasses all of Incenter Diligence’s MSR-related services, such as acquisition reviews, data to document validation, compliance reviews, document inventory, trailing document reconciliation, servicing boarding audits, and pay history reviews.
“In today’s high-volume trading environment, buyers and sellers need a diligence firm that can customize reporting in a timely manner,” said Tom Piercy, managing director of Incenter Mortgage Advisors. “Sellers also benefit from a system for maintaining data consistency to ensure that they have all the elements regulators require — for CCAR (comprehensive capital analysis and review) purposes, for example. Our clients consider Incenter Diligence an invaluable partner in both these areas,”
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