LenderLive Network Inc. 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,” 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.”