Opus Capital Markets Consultants Approved by S&P for RMBS Due Diligence Services

Wed Nov 4, 2009 11:23am EST
 
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CHICAGO--(Business Wire)--
Opus Capital Markets Consultants, LLC (Opus CMC) has been approved by Standard
and Poor`s Rating Service as a third-party due diligence provider for
Residential Mortgage Backed Securities transactions. The approval of third-party
consultants involved in transactional risk management signifies an important
step toward improved quality and transparency in Mortgage Backed Securities. 

"We have witnessed a shift in the way people view due diligence," said Opus CMC
Principal Jennifer LaBud. Issuers and investors alike now understand how
valuable loan level and operational reviews can be in the risk mitigation
process. The approval of due diligence providers for MBS transactions will give
investors comfort that the collateral received adequate analysis. 

Opus CMC provides operational and loan level consulting expertise to investment
banks, hedge funds, originators, servicers and insurance providers both domestic
and international. Using cutting edge technology and an experienced executive
staff, Opus CMC has raised the standards for performance and quality in the
mortgage due diligence marketplace. 

With the acquisition of the due diligence unit of Mortgage Data Management
Company (MDMC) in June, Opus CMC has positioned itself as an industry leader in
mortgage services consulting. A certified woman-owned business and one of the
most seasoned due diligence firms in the industry, Opus CMC has participated in
more than 500 secondary market transactions, reviewing over $55 billion in
mortgage assets. 

About Opus CMC

Opus CMC is a multi-service consulting firm specializing in advisory services
and loan level due diligence for asset backed and mortgage backed securities
transactions. Opus CMC also provides operational consulting for loan originators
and servicers of all types of consumer debt. For more information, visit
www.opuscmc.com or contact Joseph Andrea at 224.632.1300 or joe@opuscmc.com.

Opus Capital Markets Consultants, LLC
Joseph Andrea, 224-632-1300
joe@opuscmc.com



Copyright Business Wire 2009

 

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