Tag Archives: Provides

XBOSoft Provides Timely Software Testing Support for Adra Match’s Unique Accounting Software Architecture

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(PRWEB) October 25, 2008

Bjorn Loe, the CTO of Adra Match, remarked, “We had a quick evaluation of the test project last week and the feedback was very positive!” Bjorn added, “The key to any software application is to have the interface offer the flexibility that will drive fast and accurate results. XBOSoft enables us to achieve these broad-based goals faster than any of our immediate competitors”.

Philip Lew, CEO of XBOSoft, stated, “Our relationship with Norwegian firms has grown by leaps and bounds this year by providing specialized software testing services that deliver better securitization, increased functionality and stability of our clients’ unique applications”.

About XBOSoft:

XBOSoft, Beijing-based with a U.S. management team, is a full-service software testing firm serving both U.S. and European markets. It delivers manual and automated test execution across multiple hardware platforms, languages, operating systems, databases, application servers and client browsers. XBOSoft leverages its XBO1 proprietary automation methodologies to identify bugs early and significantly decrease overall software development lifecycle time, cost and end-user dissatisfaction. The firm’s online client collaboration tools enable clients to securely access their project progress 24/7. XBOSoft offers a unique, low-risk entry to software testing with its limited engagement Quick Release program, one of the company’s fastest growing products.

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AVM Technology Provides Insight Into Risk Assessment for Secondary Market Users

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Santa Ana, CA (PRWEB) May 02, 2011

Veros Real Estate Solutions (Veros), an industry leader in enterprise risk management and collateral valuation services, has announced the release of a white paper entitled AVM Valuation and Forecasting Technologies: Capital Markets. It is free and available for download at http://www.veros.com/AVMValuationForecastingTechnologies.pdf.

The white paper provides insight into how the functionality of automated valuation modeling (AVM) technology helps to generate important information required to improve portfolio and risk management analytics, as well as optimize capital investment allocations. Also highlighted is the use of AVM technology in residential real estate platforms.

Three years after one of the biggest U.S. residential housing market crashes in history, investors still feel skittish about investments in the RMBS market due to discomfort in the ability to properly analyze risk, said William J. OBrien, capital markets sales director for Veros. While the housing market remains flat, there are opportunities available that can be capitalized on by making calculated risks using AVMs. Our goal is to breathe some life back into the housing markets by helping investors make smart decisions.

Included is a synopsis of what the data availability and analysis was pre-crisis and how this standard contributed to the housing market crash. A review of directives that addresses analytics and risk management post-crisis is also included. The paper concludes with an explanation of how AVM modeling provides the transparency and accuracy that investors need to be confident in making decisions.

This is the first of three white papers focusing on AVM technology and its various applications to the secondary investment market, as well as the residential housing market.

To download a free copy of the white paper, please visit: http://www.veros.com/AVMValuationForecastingTechnologies.pdf.

About Veros Real Estate Solutions

Veros Real Estate Solutions, a proven leader in enterprise risk management and collateral valuation services, uniquely combines the power of predictive technology, data analytics and industry expertise to deliver advanced automated decisioning solutions. Veros products and services are optimizing millions of profitable decisions throughout the mortgage industry, from loan origination through servicing and securitization. Veros provides solutions to control risk and increase profits including automated valuations, fraud and risk detection, portfolio analysis, forecasting, and next-generation collateral risk management platforms. Veros is headquartered in Santa Ana, Calif. For additional information on Veros, visit http://www.veros.com or call (866) 458-3767.

Media Contact

Emily J. Carpenter-Pulskamp, APR

Public Relations Manager

epulskamp(at)veros(dot)com

(714) 415-6381

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Andrews Kurth Provides Company Spouse Roger Griesmeyer in New York

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New York, NY (PRWEB) August fifteen, 2012

The worldwide law organization of Andrews Kurth LLP is pleased to announce the addition of company and transactional attorney Roger Griesmeyer as a Partner in the corporations New York business office.

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The addition of Roger to our group assists us deepen and strengthen our corporate abilities in New York in reaction to shopper desire, says Bob Jewell, Managing Associate for Andrews Kurth. His arrival is also a reflection of the progress of our corporations international and domestic corporate techniques. We expect Roger to have an instant impact on the amount of experience and personalized support we offer our clientele.

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Mr. Griesmeyer signifies firms, investment resources, private fairness funds and other institutions, as well as person and institutional investors, in a assortment of corporate advisory and transactional matters. He specializes in refined, cross-border mergers and acquisitions, securities and joint ventures throughout a quantity of industries, including production, retail, genuine estate, computer software and technological innovation. He adeptly guides boards of directors, unique committees and other traders on growth method, restructurings, financial efficiency, and other corporate governance problems. His current expertise includes advising a number of global entities on their investments in strategic U.S. assets. He has also recommended on some of the most higher-profile transactions in current memory, such as the redevelopment of the Planet Trade Heart in New York Metropolis.

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Couple of corporations can match the entrepreneurial spirit at Andrews Kurth, claims Mr. Griesmeyer. “In addition to their dedication to straight discuss, shopper service and accomplishment, the firm gives a innovative global system that clients want and want. I seem ahead to developing the company exercise with my colleagues about the globe.

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Mr. Griesmeyer was the founding and taking care of member of LaSasso Griesmeyer Regulation Team in New York since 2008. Prior to that, he was an associate with Sullivan &amp Cromwell LLP in New York and Hong Kong, and with Wachtell, Lipton, Rosen &amp Katz in New York. He at the moment serves as an adjunct corporate drafting professor at Brooklyn Law College. Mr. Griesmeyer acquired his legislation diploma, summa cum laude, from Brooklyn Law Faculty, soon after acquiring his undergraduate degree from Dartmouth University. He serves on the Asian Affairs Committee of the New York Metropolis Bar Association the Alumni Admissions Board for Brooklyn Legislation School and on specified alumni committees for Dartmouth College.

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About the Andrews Kurth Company Apply Group

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Andrews Kurth attorneys recommend the business people, organizations, investors and enterprise executives who determine worldwide dealmaking and cash marketplaces. Our Corporate apply group is made up of much more than one hundred attorneys and routinely earns best-tier league scorecard rankings. We are recognized and acknowledged as guide counsel on the most advanced transactions, which includes learn minimal partnerships, preliminary public choices, mergers and acquisitions, asset securitizations, true estate investment trusts and royalty trusts.

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Our attorneys aid clientele continue being in compliance with an at any time-modifying regulatory and corporate governance landscape and complete transactions even though obtaining their company objectives. Our clientele incorporate organizations (ranging from begin-ups to huge multinationals and Fortune 500 organizations), underwriters, obtaining, concentrate on and promoting companies, boards of directors and unique committees, investment banking institutions, monetary advisors, expense cash, non-public fairness money and their portfolio companies, individual and institutional traders, sponsors, originators, trustees, commercial banks, financial companies establishments and other dealmakers.

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Our corporate expertise includes the total assortment of domestic and worldwide transactions throughout many industries, which includes aviation, banking/financial services, biotechnology and existence sciences, development, strength (equally classic and substitute), finance, food and beverage, franchise, health treatment, hospitality and resorts, information methods, infrastructure, insurance policy, world wide web/e-commerce, investment cash, manufacturing and income, mining, oil and gasoline, non-public fairness, true estate, cafe, retail, computer software, athletics/leisure, engineering, telecommunications, transportation, utilities, venture funds and waste management. In distinct, we are marketplace leaders in the power and technology industries. A substantial area of our expertise involves aiding our consumers with the structuring, funding and advancement of energy projects, each conventional and substitute, in the United States and internationally.

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About Andrews Kurth LLP

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For a lot more than a century, Andrews Kurth has built its follow on the perception that straight discuss is great enterprise. Real solutions, very clear vision and mutual regard outline the corporations interactions with customers, colleagues, communities and workers. With 400 attorneys and workplaces in Austin, Beijing, Dallas, Houston, London, New York, Analysis Triangle Park, The Woodlands and Washington, DC, Andrews Kurth represents a vast array of clients in several industries. For much more details about Andrews Kurth, you should pay a visit to andrewskurth.com.

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Thetica Systems Provides Infrastructure to Speedily Build Bond Analytics and Information Investigation Programs for Ab muscles/CLO/RMBS/CMBS

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New York, NY (PRWEB) September 26, 2012

In the entire world of structured finance, integrating bond analytics types with all the necessary information sources and cashflow APIs can be a irritating and hard experience. A lot time is missing striving to locate sources to build a system that fulfills enterprise demands, or build an interior remedy to price tag bond portfolios rapidly.

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As a longtime, seasoned data integrator, Thetica Programs has developed a totally purposeful established of infrastructure parts that avoid this stress and squander. Within a handful of months, and at much less than the expense of reinventing the wheel by means of interior development, consumers can have a full-fledged method working higher speed analytics on personalized cashflow scenarios that they designate.

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Business co-founder and CEO Ariel Yankilevich stated, “Our clients can emphasis on their enterprise logic with out obtaining to worry about how exterior knowledge and API changes may possibly influence the way their bond analytics complete. We have observed clients that were striving to locate very good cashflow API developers, a unusual and pricey expertise. With Thetica Programs, our customers can jumpstart to a scalable and sturdy remedy much faster than attempting to build one particular from scratch. And we consider care of employing and keeping all the info connections so that they dont require to scramble for sources every single time something adjustments.”

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This system permits an investor or broker-seller to very quickly recognize and evaluate all of the collateral supporting a structured finance securitization. &#13

Components read through information from numerous sources into a database, along with equipment to run innovative cashflow calculations. &#thirteen
The high-velocity cashflow analytics motor runs a number of bonds and serves a number of person requests at the same time with no functionality degradation. &#13
It permits automation for calculations on the entire universe of bonds or any required subset via batch scripts, and supports user-described scenarios for CLOs, RMBS, CMBS, Stomach muscles, and Reremics like running vectors at little one stages. &#thirteen
Results are obtainable through a basic-to-use XML interface. &#13
The infrastructure can operate at shopper servers or on the cloud.

Present clientele and end users have testified that these resources are highly flexible, allowing them to integrate vectors from inside models to run automatically and with out any coding, and permitting use of eventualities in any bucketing scheme that can be designed. Libraries are entirely multithreaded for quite speedy benefits in advertisement hoc or recurring calculation jobs.

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Thetica Techniques integrates customer-accredited data from Intex, IDC, BlackBox, CoreLogic (Bank loan Performance and their predictive vectors), Bloomberg (via the Backoffice knowledge feed), 5 Bridges (predictive vectors), Lewtan/Ab muscles.Net, MarkIt and Reuters (each pricing information for CLO NAV), Opera Answers, Equifax (improved financial loan degree knowledge), Normal &amp Poors, TransUnion, AdCo and Trepp.

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Those intrigued in a reside demonstration may make contact with the company by mobile phone at 727-724-4182 or e mail Sales(at)Thetica(dot)com. A current Company Day online video on the company is also offered for viewing.

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Thetica from the Greek letter Theta which means Believed, Lifestyle Power and Cause and the phrase Etica which signifies Ethics. Imagined, reason and ethics are important aspects of any successful business and dedication to this principle is embedded in the companys identify.

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About Thetica Programs: &#13

As Wall Road securitization pioneers, Thetica Systems understands the demands of Abdominal muscles industry participants. Its consumers contain investment decision banks, hedge cash, insurance firms, money management, brokers, sellers, and other individuals that spend in or keep track of structured finance securities, with consumers from traders and investing desks, task professionals, analysis and solution controllers to chance managers, regulatory reporting and IT.

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Countrywide Commercial Genuine Estate Finance Organization Provides Mortgage Alternatives

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(PRWEB) January 21, 2013

Clopton Capital, a business real estate finance organization positioned in Chicago Illinois, is announcing the addition of new mortgage choices for debtors. The additions enhance their presently dynamic menu of financial loan term and construction possibilities for business genuine estate of different varieties.

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Clopton Cash is a company of both recourse and non-recourse industrial house loan for all house varieties. The financial loans funded through the firm are funded by insurance policy firms, CMBS securitizations, and banking institutions. The company is looking for borrowers and intermediaries searching for refinance or buy debt for which to prepare and supply cash. Simply because of the diverse mother nature of its capital base, the firm is in a position to structure financial loans for any home type with a vast variety of conditions and amortizations.

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Curiosity rates have been on the rise just lately, so now is the ideal time to lock in traditionally lower fascination price for long phrases.

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Clopton Funds ranks as 1 of the most active and dynamic industrial real estate finance companies supplying lending possibilities nationwide for earnings producing qualities. Providing commercial mortgages, design loans, bridge financial loans, and CMBS loans to debtors for a diverse variety of home sorts and possession constructions, Clopton Capital has the capability to satisfy virtually any lending needs of residence house owners and administrators. &#thirteen

For a lot more details make contact with a loan officer by calling 866-647-1650 or pay a visit to http://cloptoncapital.com

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Silanis Provides Electronic Signing and Vaulting Capabilities to ADP Dealer Services’ Digital Contracting Resolution

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Montreal, QC (PRWEB) October 12, 2006

Silanis Engineering nowadays exposed that it is the electronic signature and vault supplier driving ADP Seller Services’ Digital Contracting solution in the U.S. Named ApproveIt Web Server, the solution allows automobile buyers, dealers, loan companies and investors to participate in a fully automated financing approach in which all sales and funding documents can be processed electronically, such as the archival, pooling, and securitization of contracts.

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Reducing the inefficiencies of paper from the approach will offer immediate advantages to everyone involved. Purchasers will commit significantly less time waiting for and signing the twenty five+ paperwork essential to buy a automobile and implement for a bank loan. Dealers will invest much more time with clients, although publishing contracts more swiftly and accurately to lenders, resulting in more quickly funding. Lastly, creditors will devote less time verifying retail installment contracts since the info contained in will be comprehensive, and match the phrases of the mortgage approval.

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“For far more than twenty five years, dealers have turned to ADP to aid their F&ampI processes,” mentioned Paul Rindone, Vice President of the Economic Solutions division of ADP. “Our Electronic Contracting resolution helps make the contracting method quicker, a lot more correct and full.”

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Silanis’ solution permits ADP to combine legally enforceable, digital signatures, safe vaulting, and authoritative copy administration into their technological innovation giving with no altering the workflow that consumers, sellers, loan companies and buyers are common with.

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F&ampI professionals continue to manual consumers by means of the evaluation and signing approach of paperwork, but relatively than indication the contracts with pen and paper, clients can use the digital signature pad presented by the Silanis’ solution. Since the accredited bank loan conditions are instantly included to the corresponding electronic contract, the quantity of mistakes and data omissions are significantly lowered.

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After the offer is finalized in the back workplace, clerks can then electronically transmit the agreement to loan providers. Silanis’ electronic vaulting resolution permits exterior functions to confirm a non-authoritative duplicate of the electronic deal and authenticate its contents, which includes the signatures and the data that has been signed. Just as in the paper planet, ownership of the contracts can be transferred based mostly on UCC 9-one zero five needs.

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The basis for Silanis’ platform is ApproveIt – a sixth generation engineering that brings together the security of a electronic signature with a legally enforceable method and superior usability features. This exclusive ‘docu-centric’ approach completely embeds the electronic signature and creates a corresponding audit path inside the files so that they stay secure as they travel from person to user and method to technique. This also enables Silanis’ platform the adaptability and seamless integration with the vehicle-finance industry’s existing organization procedures.

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The ApproveIt platform consists of two solutions for the automotive sector: ApproveIt

Certified Securitization Analysis, LLC Provides Homeowners Experiencing Wrongful Foreclosures Ideas on How to Protect Them selves

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San Francisco, California (PRWEB) February 28, 2012

Certified Securitization Analysis, LLC, In accordance to the modern govt settlement, a $ 2,000 payment will be created to borrowers in reaction to the banks fraudulent robo-signing techniques. Regrettably, the introduced settlement is too tiny and too late for most debtors facing foreclosure. Property owners are remaining with little option besides to pursue a civil scenario towards fraudulent mortgage loan securitization procedures. Accredited Securitization Analysis, LLC has been conducting hundreds of home loan securitization audits to support debtors going through imminent foreclosures. Beneath is a quick overview of house loan securitization as nicely as business ideal methods suggestions for the borrower to shield by themselves although dealing with predatory creditors wrongful foreclosure methods.

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What is Home loan Securitization? A Quick History

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Recent U.S. mortgage debt stands at $ 14 trillion. Most mortgages in the U.S. are securitized and owned by trusts and are frequently referred to as RMBS or MBS trusts, standing for household home loan-backed securities. The trusts are made up of a pool of mortgages (frequently increased than five,000 mortgages per have faith in). The loans are usually sub-key financial loans. Specific mortgages had been packaged into MBS Trusts these MBS trusts ended up pooled, sliced and bought. The house loan loans in every single pool, or MBS Have faith in, consist of each 1st and second lien home loans, both mounted-charge and adjustable price financial loans. There are distinct lessons inside of every pool of financial loans, symbolizing distinct attributes of loans. It is not uncommon for each and every pool to have as many as twenty different classes. Bonds are issued to investors to represent the buy, so traders are typically known as bond holders. The loans are picked for every single pool by a distinct date, usually named the closing date of the have faith in. While a have faith in could substitute financial loans into the pool right after the closing day, there are strict guidelines on such substitutions. The pool of financial loans is explained in a prospectus typically referred to as a 424B submitting with the Securities and Exchange Commission a printed doc that describes the business company that is distributed to prospective purchasers and traders. Several representations (claims) are made to the potential customers of these bonds with regards to the financial loans in every single pool in equally the prospectus and the Pooling and Servicing Agreement. Most of these promises to date have been misrepresented no matter whether intentional or not, which has resulted in several trader lawsuits towards banking companies and wall street expense corporations concerned in the advertising and marketing of such securities.

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There is even now a legitimate protection in opposition to wrongful foreclosures. Below are some ideas on what to look for:

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one) Debtors need to have to insure that the foreclosing entity is the real Be aware Holder. Financial institutions act as pretender creditors, when originating a loan. Soon after it is marketed to the Bond Holders (Traders), they just take on the part of loan servicing only. If payments stop, then the Loan Servicer does have the right to initiate foreclosure proceedings, but only the Notice Holder can actually complete the foreclosure method.

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2) Debtors need to insure that the foreclosing entity is in possession of the authentic mortgage loan be aware The house loan financial institution (Pretender) need to be in possession of the authentic soaked ink mortgage note to foreclose, therefore the expression Produce the Note. Be aware that right after a number of hundred audits, CSA, LLC has by no means seen a bank generate the first moist ink promissory notice.

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three) Debtors should verify to see if the promissory be aware and the deed of trust have been divided. The banking companies split the Promissory Note and Deed of Have faith in in every Securitization Settlement. They bought the Notice to the traders and recorded the deed with the county recorder, or in over 50% of the cases, Home loan Digital Registration Methods, (MERS). MERS instructed the servicers to keep the notes, and many or most of them were wrecked or misplaced. Further, the notes have been divided from the mortgages, generating them null and void.

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5) Borrowers want to check if bank loan was recorded with MERS. Incorrect House loan Assignment More than 60 million mortgages have been assigned to MERS (Mortgage Electronic Registration Programs, Inc.) MERS company procedures have been ruled by a NY Personal bankruptcy Decide in 2011 as illegal.

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6) Debtors need to have to find out how to generate a totally free account on http://www.secinfo.com for investigation of community SEC filings. Objection to an Entity that is Foreclosing Home loan Servicers will usually foreclose in their possess title and not expose the identity of the accurate holder of the note. Considering that most of the Home loans, if not all are owned by traders, by means of MBS Trusts, each trader only owns a portion of the collective pool of mortgages, but not any one specific mortgage. For that reason, there is no a single who can legally foreclose.

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seven) Borrower need to demand from customers that the mortgage loan financial institution validate the personal debt. If homeowners would read their Deed of Have confidence in they would find out it to be a glorified lease Agreement. This is why when paying off a mortgage, a house owner must request a payoff letter from the bank, this is the only time the financial institution is admitting that there is a financial debt in existence. There are a lot of reasons for this and will be discussed in-depth on our site before long.

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CSA is now offering free mortgage loan securitization audit assessments to homeowners experiencing foreclosures. As lawful possibilities are dwindling, this should be the principal focus of any wrongful foreclosures protection.

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For much more data, remember to make contact with us at http://www.securitizationanalysis.com or write to: revenue(at)securitizationanalysis(dot)com or phone (415) 316 8776 to schedule a time for a house loan securitization evaluation.

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About Accredited Securitization Examination, LLC

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Licensed Securitization Investigation (CSA), LLC is a consumer advocacy firm that provides because of diligence and investigates mortgage loan securitization fraud. The Companys proprietary techniques and procedures for audit and evaluation concentrate on legal standing issues in foreclosure scenarios where the underlying house loan was securitized.

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CSA is not a regulation company. CSAs details and solutions are not meant as authorized guidance and exercise.

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