SALT LAKE CITY, March 22, 2016 /PRNewswire/ -- Green River
Capital, LLC (GRC), a leading provider of REO asset management and
real estate services for mortgage servicers, investment firms, and
banking institutions, announced today that it has received a 'MOR
RV2' residential vendor ranking for its single-family rental (SFR)
property management and surveillance services from Morningstar
Credit Ratings, LLC (Morningstar). GRC also announced that
Morningstar affirmed its residential vendor ranking as a
residential vendor in the asset-management market as 'MOR RV1' and
its residential component servicer ranking in the short sales
market as 'MOR RV1'. The forecast for all the rankings are
Stable.
According to Morningstar's bulletin: "The assigned rankings
reflect Morningstar's assessment of GRC's operational
infrastructure and client-driven performance results in its
respective duties as a residential component servicer, asset
manager for real-estate-owned properties, and single-family rental
property management and surveillance. The stable forecast for all
rankings reflects solid vendor performance for GRC's client base
deriving from a tenured management team, highly flexible technology
environment, comprehensive internal performance monitoring and
measurement, a pervasive enterprise wide risk-management
infrastructure, and a focus on client-driven performance results.
GRC benefits from a comprehensive quality-control and
performance-driven culture within the organization, arising from a
solid training regimen, comprehensive policies and procedures, and
proactive vendor-management protocols that includes effective
vendor management oversight for selecting, qualifying, and
assessing agent performance."
Morningstar added: "In 2015, the company unveiled its Rental
Asset Management and Performance (RAMP) platform. The RAMP platform
is an extension of and complement to GRC's existing suite of
services to the single-family rental securitization industry that
includes collateral review and property management services. The
platform aggregates and standardizes single-family rental
transaction information and monthly rental property-level
performance data for a variety of single-family rental residential
stakeholders including property owners, investors, servicers,
property managers, lenders, and securitizers."
"Our continued investment in technology, data resources and,
best in class processes, enables us to provide our clients with the
service levels necessary to maintain our Morningstar rankings,"
said Tim Reilly, President of GRC.
"Morningstar noted our new RAMP platform when adding a rating of
'MOR RV2' for our single-family property management and
surveillance services as we continue to create products and
services to meet the changing needs of our clients and the
market."
To view the full bulletin, visit Morningstar.com.
About Green River Capital
Green River Capital, LLC (GRC), headquartered in Salt Lake City, is wholly owned by Clayton
Holdings LLC, a subsidiary of Radian Group Inc. (NYSE: RDN), and is
a leading real estate company, providing REO asset management, loss
mitigation, valuation, collateral review, property management and a
full suite of component real estate services. GRC also offers
surveillance programs and supports investors' single family rental
strategies with pre- and post-acquisition services. GRC uses
proprietary technology and a nationwide network of attorneys,
brokers, appraisers, contractors and title professionals to deliver
scalable, customized solutions. Additional information is available
at www.greenrivercap.com.
About Clayton Holdings LLC
Clayton Holdings LLC, a wholly owned subsidiary of Radian Group
Inc. (NYSE: RDN), is a premier global provider of mortgage and
real-estate market risk management solutions including 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, value and track performance of loan
portfolios and NPLs; ValuAmerica, national title, 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 Green River Capital, LLC