KBRA recognizes the firm for complying with its mortgage-backed securities standards
Kroll Bond Rating Agency (KBRA) has added Consolidated Analytics to its published list of approved third-party review (TPR) firms, validating that the firm’s services conform to KBRA’s US residential mortgage-backed securities (RMBS) rating methodology.
The rating methodology evaluates third-party review firms based on various criteria such as the quality of the loan review, results and report, the experience and credentials of the firm and its underwriting staff, and whether the firm shows good quality-control policies, procedures and best practices, including underwriter management, oversight and training.
The public recognition followed the announcement that Consolidated Analytics had been added to S&P’s list of approved RMBS third-party review firms. S&P’s list reviews processes, infrastructure, and business best practices.
“Kroll’s objective evaluation and acceptance of Consolidated Analytics as a TPR amplifies the pride and confidence I have in our company and our teams,” said KBRA Chief Executive Officer Arvin Wijay. “While our solutions are grounded in decades of due diligence leadership experience, lending to our credibility in the space, it is our ability as an organization to embrace and apply modern standards, best practices, and trends that stand to set us apart.”