Settlement Monitor Taps BDO Consulting As Primary Professional Firm

Posted by Orb Staff on June 05, 2012 No Comments
Categories : Mortgage Servicing

11708_investigation2 Settlement Monitor Taps BDO Consulting As Primary Professional Firm The Office of Mortgage Settlement Oversight (OMSO) has hired BDO Consulting, a division of BDO USA LLP, as its primary professional firm. BDO will work with OSMO over the next 3.5 years to oversee the implementation of the $25 billion National Mortgage Settlement.

‘As I entered the process of engaging the primary professional firm, I knew it would be critical to find the right balance of independence and capacity,’ says Joseph A. Smith Jr., the federal monitor of the settlement. ‘I conducted a thorough review of more than 20 firms, and I am confident that I have found the best balance in BDO."

‘We at BDO are honored and gratified to have been selected by the monitor for this important work,’ says Carl W. Pergola, partner-in-charge of BDO's consulting services. ‘BDO will work closely with the monitor and the secondary professional firms to facilitate compliance with the agreement.’

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