DENVER--(EON: Enhanced Online News)--LenderLive Network Inc., a domestic-based, end-to-end mortgage services provider, has been approved and recognized as an acceptable third-party due diligence firm for DBRS-related transactions. DBRS, a globally recognized credit rating agency, conducted a thorough review to assess LenderLive’s staffing, infrastructure and capabilities related to due diligence and mortgage loan reviews.
“Having this DBRS designation means the rating agency has recognized our quality personnel, processes and capabilities”
“Having this DBRS designation means the rating agency has recognized our quality personnel, processes and capabilities,” said Rick Seehausen, president and CEO of LenderLive. “The DBRS approval is highly regarded in the industry and provides our clients enhanced confidence in our services. In its assessment process, DBRS found that LenderLive has robust quality control procedures as well as significant systems capabilities and data-checking capabilities.”
LenderLive’s due diligence and loan review department is a part of the company’s Outsource Services division. Included in the assessment, DBRS also found LenderLive’s records management capabilities, which are provided through its GuardianDocs™ division, acceptable.
About LenderLive Network Inc.
LenderLive is a domestic-based mortgage services provider. Through its five service offerings – outsource services, correspondent lending, document services, settlement services and loan servicing – LenderLive offers the scale, experience and security to support its clients’ origination, servicing and loan purchase operations. From large-scale, centralized operations centers, the company provides services to financial institutions of all sizes on a national basis. With tens of millions of transactions processed through its expansive service offering, LenderLive offers the vision, expertise and innovation on which financial institutions can rely. For more information about the company and its services, contact Rick Seehausen at 303.226.8001 or visit www.lenderlive.com.