DS News

DS News July 2017

DSNews delivers stories, ideas, links, companies, people, events, and videos impacting the mortgage default servicing industry.

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72 SPECIAL ADVERTORIAL SECTION Risk Management/Due Diligence THE KLR GROUP GEOGRAPHICAL SCOPE AND COVERAGE AREA: National. BUSINESS LINES, SERVICES, AND PRODUCTS: » Credit, compliance, and valuation reviews/due-diligence within the residential mortgage markets: » Agency QC/compliance audits, reviews » MSR pre and post acquisition review » NPL/RPL investor reviews » General QC/QA/audit reviews, pre/post funding Segments»supported: » Risk management » Servicing » Trade desk » Underwriting » Deal management » Due diligence » Litigation » Resource solutions KEY FEATURES/BENEFITS: The KLR Group methodology incorporates excellence, urgency, and ownership within a continuous improvement environment. Having the right people doing the right services utilizing experience, communication, and accountability throughout the service delivery. CORPORATE DETAILS: 10 Hammond Way, Andover, MA 01810 | 978.475.1940 | info@theKLRGroup.com theKLRGroup.com COMPANY DESCRIPTION: The KLR Group provides on-demand mortgage due diligence delivering services that fulfill unique, one-off, project based client needs. Having worked for the top lenders, investors, and service providers in the residential mortgage industry, The KLR Group utilizes a unique set of experiences and capabilities when developing and delivering services to meet client specific needs. An unwavering attention to detail, quality, and client requirements combined with a unique on demand delivery methodology consistently drives quality and performance. COMPANY HISTORY: The KLR Group was created by a group of industry veterans to deliver a better on-demand based due-diligence service through a unique model that offers clients a higher level of quality, better alignment of risk, and results. Through years of watching companies grapple to find successful growth strategies while building the operations to support the strategy, The KLR Group was built to be a "concierge" of consulting services, supporting single project and client defined requirements. REGULATORY COMPLIANCE: The KLR Group services every level of compliance in residential lending. Including loan files, for lenders, servicers, and investors. WHAT SETS YOU APART FROM YOUR COMPETITORS: On-demand project centric means The KLR Group employs specific tools/resources and personnel to meet the specific needs of individual clients and projects. Personnel are staffed as needed, and have the specific experience needed to deliver results to the individual project. ADDED VALUE TO CLIENTS: The KLR Group's individual team members have worked with these clients and companies: » Citi » Bank of America » Deutsche Bank » Wells Fargo » Morgan Stanley » BB&T » Goldman Sachs WHAT ADDED VALUE DO YOU BRING TO YOUR CLIENTS: Results include the information necessary to support continuous client process improvements. Higher level of quality means lower defect rates, and alignment of risk tolerances with results delivers more reliable review outcomes. REGULATORY COMPLIANCE EXPERTISE: KLR combines a thorough knowledge of regulatory compliance/ requirements, tools and resources with a technology and rules driven platform. Regulatory compliance requires knowledgeable input within a services solution (back-end) that also provides the improvement information necessary on the front end. The KLR Group has the people, tools, best practices and technology to improve client performance not just report results. WHAT ARE THE KEYS TO YOUR SUCCESS: Each client is treated individually with specifications and implementation built for each case. The KLR Group utilizes a unique technology platform that fully supports individual client requirements, rules, tolerances, and importantly—full reporting to meet client performance needs. Including defect frequency and exceptions at the loan and pool/ portfolio level. SEGMENTS SUPPORTED: » Agency QC » Compliance Audit » Credit » Compliance RESIDENTIAL MORTGAGE LOAN FILE SERVICES » Audit » Regulatory » Whole loan buy/sell » Pre/post funding default » Nonperforming LITIGATION SUPPORT » Rep and warrant adherence review » Deal specific documentation review » Trade stipulation letters, terms, and conditions » Production data » Complaint work flow and deliverable strategy » Consistency planning–approach findings coordination with counsel and experts » Categorize findings » Expert witness VENDOR OVERSIGHT » New vendor/partner selection and review » Existing vendor/partner audits TRIAGE APPROACH: TACTICLE – RESULTS – IMPLEMENTATION – ANALYSIS – GOAL - EXPERTISE A specific delivery methodology built into every engagement that incorporates all components of quality (industry, mar- ket, investor, agency, lender, servicer, regulatory) require- ments into an implementation, delivery and improvement program. » PWC » Fannie Mae » UBS » Fifth Third Bank » Freddie Mac » Merrill Lynch » Valuation » Origination » Securitization » Deal management » QA/QC » Underwriting » Service review » Client defined review » Staffing Solutions

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