TAMPA, Fla., May 3, 2017 /PRNewswire/ -- Clayton Holdings
LLC, a leading provider of loan due diligence, surveillance, REO
management, consulting, valuation, title and settlement services to
the mortgage industry, announced today that it has developed an
enhanced internal audit services program. The program is
designed to help bank and lender clients develop, manage and
enhance their internal risks and controls programs and comply with
new government-sponsored enterprise (GSE) and Consumer Financial
Protection Bureau (CFPB) requirements.
Offered by Clayton's consulting division, the program leverages
the company's in-depth industry knowledge and combines it with
seasoned professionals to deliver operational efficiencies. The
program strengthens internal audit activities in several areas,
including:
- Risk assessment design/performance
- Turnkey development of internal audit functions
- Internal audit process reviews/enhancement
- Remediation of gaps in existing audit programs
"The GSEs, investors, corporate boards and regulators are all
focusing on the importance of managing internal risks and
controls," said Jeff Tennyson,
president of Clayton. "Fannie Mae now requires seller/servicers to
have internal audit and management control processes, and the CFPB
is mandating and examining for Compliance Management Systems. Our
new offering helps clients identify gaps and inadequacies in
existing functions before GSE and regulatory reviews and to design
and build stronger processes. Depending on the client's need, our
role can range from reviews to training and from problem
remediation to turnkey audit process development."
For more information, go to www.clayton.com
About Clayton Holdings LLC
Clayton Holdings LLC, a
subsidiary of Radian Group Inc. (NYSE: RDN), provides risk-based
analytics, residential loan due diligence, consulting, surveillance
and staffing solutions. The company's subsidiaries include: Green
River Capital, customized REO asset management and single-family
rental services; Red Bell Real Estate, advanced AVMs, BPOs and
technology to acquire and track performance of loan portfolios and
NPLs; ValuAmerica, national title and appraisal management company
and vendor management technology provider; and Clayton Euro Risk,
global services. For more information, call 877.291.5301 or visit
www.clayton.com.
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SOURCE Clayton Holdings LLC