New York—January 15, 2015—Law firm Hunton & Williams and mortgage solutions provider Digital Risk recently hosted 80 CFOs, bankers and senior asset managers to explore credit risk transfer issues catching the attention of Wall Street and major banks at the inaugural Managing Credit Risk Transfer Symposium.
Maitland, FL – December 8, 2014 – Digital Risk has named Dave Lucchino and Earl Smith, two executive leaders with extensive backgrounds in the mortgage industry, to the company’s leadership team, effective October 30th. Dave Lucchino will assume the role of Executive Vice President of Operations and report to President and Managing Partner Omar Quddus. Earl Smith will fulfill the role of Executive Vice President of Capital Markets and report to President and Managing Partner Omar Quddus, Managing Partner and Chief Business Development Officer Jeff Taylor, and Managing Partner Sesha Dhanyamraju.
Winners to Be Announced in New York on November 14
Maitland, FL – October 14, 2014 – Digital Risk’s Chief Legal Officer Debbie Hoffman was named a Finalist in the Female Executive of the Year – Business Services category in the 11th annual Stevie® Awards for Women in Business, and will ultimately be a Gold, Silver, or Bronze Stevie Award winner in the program.
The Stevie Awards for Women in Business honor women executives, entrepreneurs, employees and the companies they run – worldwide. The Stevie Awards have been hailed as the world’s premier business awards.
Gold, Silver and Bronze Stevie Award winners will be announced during a gala event at the Marriott Marquis Hotel in New York on Friday, November 14. Nominated women executives and entrepreneurs from the U.S.A and several other countries are expected to attend. The event will be broadcast live on radio in the U.S.A. (and simulcast worldwide) by Biz Talk Radio and taped for a later television broadcast.
Company fires back at news story
Sept. 29, 2014
By Mortgage Daily Staff
While recent coverage of Digital Risk LLC might have suggested otherwise, the company says all is well despite the upcoming departure of its two top executives.
Mortgage Daily published a wire service story Sunday indicating that the chief executive officer and the president of Digital Risk are leaving.
In addition to respectively being CEO and president, Peter Kassabov and Alex Santos are also the co-founders of the Maitland, Fla.-based company.
But a spokeswoman for Digital Risk took issue with other parts of the story.
December 3, 2012
Digital Risk, the nation’s largest independent provider of mortgage risk, compliance and transaction management solutions, today announced it has entered into a definitive agreement to be acquired by global services provider, Mphasis, a Hewlett Packard (HP) company. The acquisition provides Digital Risk a global footprint to accommodate clients’ global risk and compliance needs, access to U.S. facilities to further accelerate growth of U.S. operations and access to Mphasis’ technology and analytical centers of excellence.
October 22, 2012
Analysis from 100,000 loan modifications identifies 32 discreet borrower behavior segments more reliable in predicting redefault than credit history
CHICAGO, IL – Digital Risk, the nation’s largest provider of mortgage risk, compliance and transaction management solutions, today at the MBA Annual Convention released findings from the analysis of 100,000 loan modifications using the Veritas™ Borrower Segmentation Engine which models borrower behavior to predict the likelihood of redefault and provides the reasons why the event will occur. These findings validate borrower lifestyle and behavior modeling, which is becoming a standard metric in the modification and lending decision processes.
August 1, 2012
Company introduces Veritas – the only multi-dimensional mortgage analytic platform that models systemic and operational risk for insight superior to single scoring methodology
MAITLAND, FL – Digital Risk, the nation’s largest provider of mortgage risk, compliance and transaction management solutions, today revealed Veritas, a mortgage analytics platform built on a vast repository of specific borrower, property and local real estate market data which provides multi-dimensional insight into the many facets of risk. The result is the most reliable method for understanding risk at the root cause, whether systemic or operational.
Former Fannie Mae Executive Brings a Holistic Mortgage Industry Perspective to His New Role as Executive Vice President, Client Solutions
Digital Risk, the nation’s largest provider of mortgage risk, compliance and transaction management solutions, today announced that Gary Manfredi has joined the company as executive vice president of Client Solutions. Manfredi brings unique end-to-end mortgage industry experience to Digital Risk. His strategic perspective will assist the company’s origination, GSE and secondary market customers in managing origination capacity while ensuring loan quality and mitigating repurchase risk.