S&P Approves Allonhill As Third-Party Review Firm

Posted by Orb Staff on September 30, 2009 No Comments
Categories : Residential Mortgage

Standard & Poor's Rating Service has approved Allonhill, a Denver-based national mortgage due diligence and credit risk management firm, to perform third-party reviews on residential mortgage-backed securities.

S&P announced more stringent policies around its ratings in late 2008, including a new assessment for third-party review firms that perform due diligence on securities.

The months-long review by S&P explored all aspects of Allonhill's business, including experience, systems, infrastructure and policies, Allonhill says.

SOURCE: Allonhill

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