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23 November 2024 November 2024 » I N D U S T R Y U P D A T E ly believe in building relationships with our clients that last a lifetime—whether through new mortgages or servicing loans," said Bill Banfield, Chief Business Officer of Rocket Companies. "We are honored to be working with Annaly and look forward to providing their serviced clients the same exceptional experience that has made Rocket a perennial recipi- ent of J.D. Power's servicing award." Rocket Mortgage has ranked highest for client satisfaction in J.D. Power's mortgage servicer study for 10 year— earning first-place in each category measured by the study in 2024. Rocket Mortgage has maintained a portfolio of $534.6 billion or 2.6 million serviced loans as of June 30, 2024. "Annaly is pleased to enhance its mortgage servicing rights platform with our new relationship with Rocket," said Steve Campbell, President & COO of Annaly. "We are proud to have con- structed one of the most durable and high-quality portfolios of MSR in the market and this partnership will allow us to benefit from Rocket's indus- try-leading servicing capabilities and retention rates. We are excited to have access to the best-in-class experience that Rocket is known for, which con- tinues to improve given their ongoing investments in technology." Annaly has nearly $75 billion in assets invested across its Agency MBS, Residential Credit and MSR strategies. Annaly has built an MSR platform, which holds servicing for approximately 608,000 loans, totaling $192 billion in unpaid principal balance and $2.8 bil- lion in market value as of June 30, 2024. CONSOLIDATED ANALYTICS ACQUIRES INVESTOR CLAIMS SOLUTIONS C onsolidated Analytics (CA), a Santa Ana, California-based provider of comprehensive mortgage services and data analytics, has announced the acquisition of the assets of Investor Claim Solutions (ICS), a firm specializing in investor claims solutions and loss analysis recovery. CA is an end-to-end mortgage services platform that delivers value to clients in origination, servicing, and capital markets, from asset-level analysis to enterprise optimization. A provider of real estate valuation, risk management, and advisory services, our comprehen- sive suite of solutions encompasses due diligence, residential and commercial valuation, collateral risk assessment, and regulatory compliance, enabling our clients to stay ahead in today's dynamic market. "This acquisition aligns with our strategic vision to broaden our service offerings and deliver unparalleled value to our clients," said Arvin Wijay, CEO of Consolidated Analytics. "Our combined expertise and resources will enable us to offer more comprehensive and inno- vative solutions, ultimately helping our clients achieve greater success." Acquiring ICS' assets will enhance Consolidated Analytics' existing investor claims solutions and loss analysis recov- ery capabilities, and through incorporat- ing ICS' established solutions, Consoli- dated Analytics will continue to provide its clients, including mortgage servicers, investors, and financial institutions, with an even more extensive suite of services. Since its inception, ICS has estab- lished itself as a trusted partner in the mortgage sector, known for efficiency and accuracy in handling investor claims. Consolidated Analytics will enhance its ability to manage complex mortgage claims processes, including FHA, VA, USDA, FNMA, FHLMC, MI, and loss analysis. "We are excited to combine ICS, a move that aligns perfectly with our commitment to providing unparalleled service to our clients," said Michael Chew, Division President of Consolidat- ed Analytics. "This acquisition allows us to expand and continue to grow with an incredible company. Our combined ex- pertise will enable us to serve our clients better and more efficiently." The ICS team will bring extensive knowledge and expertise to the existing CA Claims Solution, a division that provides mortgage investor claims management services. The combination "We are honored to be working with Annaly and look forward to providing their serviced clients the same exceptional experience that has made Rocket a perennial recipient of J.D. Power's servicing award." —Bill Banfield, Chief Business Officer, Rocket Companies