Clayton Holdings LLC, a provider of loan due diligence, surveillance, REO management, consulting, valuation, title and settlement services, says it is now offering a comprehensive securitization readiness solution for non-agency assets.
The end-to-end offering includes advisory and preparedness support for pre-securitization due diligence review, originator and guideline assessment and ongoing monitoring structure and setup. It is designed to help lenders and aggregators prepare for compliance with the new requirements and expectations for private-label securitizations and to assure that asset reviews and reporting capabilities will meet current guidelines prior to issuance.
The solution includes a review of relevant scope and process requirements, including a rating agency-accepted assessment of credit underwriting, data management, regulatory compliance, valuation and potential fraud.
“Our securitization readiness solution will help new issuers jumpstart the process and prior private-label issuers be prepared for new requirements they will face,” says Jeff Tennyson, president of Clayton.