TheMReport — News and strategies for the evolving mortgage marketplace.
Issue link: http://digital.themreport.com/i/222840
Special Advertorial Section due diligence guide Digital Risk Company Description Keys to Success Digital Risk is the largest provider of due diligence, quality control, valuations, analytics, and fulfillment solutions supporting every facet of the mortgage life cycle. Having completed more than $1.7 trillion in due diligence and quality control loan reviews, the company has been recognized with various awards and accolades for being one of the top due diligence firms in the U.S. Since its founding in 2005, Digital Risk has had one focus: "Making Mortgages Safe." The company succeeds in this by following DAPPT: Data, Analytics, People, Process, and Technology and by creating differentiated solutions to an otherwise stale solution environment. Goals and Strategies for 2014 Digital Risk provides business partners new generation technology with the industry's largest proprietary database of actionable intelligence, providing context and defense around today's complex and shifting regulatory market. Company History key personnel Peter Kassabov Founder & CEO Alex Santos Co-Founder & President Jeffrey C. Taylor Co-Founder & Managing Partner Omar Quddus COO Randy Lightbody EVP Sales, Marketing & Strategy number of employees 1,850+ full-time employees contact information 2301 Maitland Center Parkway Suite 165 Maitland, Florida 32751 Phone: 407.215.2900 ext.1099 Web: digitalrisk.com The company's goal is to provide a differentiated solution for the entire loan life cycle, designed with quality and compliance in mind. The company achieves this by leveraging proprietary technology and analytics that enhance quality, regulatory compliance, turn times, and efficiency. Key Features Digital Risk started in 2005 and has grown from five employees to today's employee count of 1,850 USA-based employees. During the last eight years, the company's dedicated employees have earned a stellar reputation for providing reliable solutions to mission critical, high-profile initiatives. • $1.7 trillion in due diligence quality control reviews • Accredited by all major rating agencies • More than 10 million loan files reviewed • Proprietary intelligence deployed • Database comprised of $1.7 trillion in due diligence and quality control reviews • State-of-the-art technology and proprietary techniques to solve new legislation • Regulatory compliance department • In-house staff attorney team • RESPA reform expertise • QM expertise • QRM expertise • Maintains proficiency with all federal and state compliance laws • $850 billion (UPB) under management The company maintains state-of-the-art operating centers in Maitland, Florida (headquarters); Jacksonville, Florida; Boca Raton, Florida; Denver, Colorado; and Bangalore, India. In December 2012, Digital Risk was acquired by MphasiS, a Hewlett Packard subsidiary. MphasiS is the global leader in the BPO and KPO markets, employing more than 40,000 people worldwide. Business lines, services, and products • Due diligence • Quality control • Proprietary LQI quality control package • Mitigating repurchase risk • Due diligence for all securitizations and whole loan trades • Valuations • End-to-end fulfillment • Analytics Added Value to Business Partners One of the biggest questions in today's marketplace is, "How do yesterday's technologies and techniques equip and defend against today's turbulent regulatory environment?" Through Digital Risk's unique market view and proprietary database, it has learned: clients can't win. To provide the industry this missing link, the company has developed scalable solutions combined with a foundation of $1.7 trillion in due diligence and quality control reviews to provide a sound and reliable defense against today's unstable legislative environment. 32 | The M Report Industry Awards, Accolades, and Milestones • ACG SMART Awards—Top Financial Services Company • Inc. 500 Fastest-Growing Private Companies— No. 11 in financial services; No. 122 overall • Orlando Business Journal 40 Under 40 2012— Alex Santos • Ernst & Young's Entrepreneur of the Year 2011 in Financial Services—Peter Kassabov • Innovator of Business—Awarded by Florida Gov. Rick Scott to Peter Kassabov