1 minute readStandard & Poor’s gave LenderLive Network Inc. a nod of approval this week by naming the firm one of its approved third-party due diligence providers. LenderLive, which provides loan processing to the mortgage industry, obtained the stamp of approval for its review of loans underlying residential mortgage-backed securities submitted to S&P for a credit rating. The nod from S&P comes at a time when the future of the securitization market hinges not only on investor confidence, but on the accuracy and dependability of data culled from loans backing RMBS. The ratings agency recently began incorporating third-party due diligence results into its RMBS rating process. Write to Kerri Panchuk.
Kerri Ann Panchuk was the Online Editor of HousingWire.com, and regular contributor to HousingWire magazine. Kerri joined HousingWire as a Reporter in early 2011 and since earned a law degree from Southern Methodist University. She previously worked at the Dallas Business Journal.see full bio
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Kerri Ann Panchuk was the Online Editor of HousingWire.com, and regular contributor to HousingWire magazine. Kerri joined HousingWire as a Reporter in early 2011 and since earned a law degree from Southern Methodist University. She previously worked at the Dallas Business Journal.see full bio
