TAMPA, Fla., July, 19 2016 /PRNewswire/ -- Clayton Holdings LLC, a leading provider of loan due diligence, surveillance, REO management, consulting, valuation, title and settlement services to the mortgage industry, announced today that it has developed an end-to-end underwriting, valuation and due diligence solution for the growing "fix and flip" lending market.

The solution, which is currently being utilized by several major warehouse lenders, includes:


    --  Borrower underwriting: review of the borrower's professional track
        record; business plan, credit and financial standing; liquidity analysis
        of balance sheet and tax statements; and synopsis of corporate
        structure.
    --  Property underwriting: review of purchase/sales agreement; title and
        loan reviews; BPO with "as-is" and "as-repaired" values; desktop and
        automated valuation reviews of original appraisals; plan and budget
        analysis.
    --  Project monitoring: twice-monthly reporting on rehab status, including
        building permits, HOA requirements, budgets and schedule; draw and
        release requests; property inspections and photos; and lien waivers,
        etc.
    --  Portfolio surveillance: Clayton's RAMP surveillance solution can deliver
        customizable reports providing ongoing visibility into operational and
        financial aspects of the portfolio at the borrower, loan, and property
        level.

"Low interest rates, rising home prices and tight inventory are all driving the growth of the fix and flip investment market and attracting new liquidity from Wall Street and private investors," said Jeff Tennyson, president of Clayton. "We have designed an integrated, one-stop solution for warehouse and hard-money lenders that draws on Clayton's deep experience in underwriting and the unique skill sets in valuing and monitoring single-family rental properties that reside within our Green River Capital and Red Bell Real Estate subsidiaries."

For more information, go to www.clayton.com

About Clayton Holdings LLC
Clayton Holdings LLC, a subsidiary of Radian Group Inc. (NYSE: RDN), provides risk-based analytics, residential loan due diligence, consulting, surveillance and staffing solutions. The company's subsidiaries include: Green River Capital, customized REO asset management and single-family rental services; Red Bell Real Estate, advanced AVMs, BPOs and technology to acquire and track performance of loan portfolios and NPLs; ValuAmerica, national title and appraisal management company and vendor management technology provider; and Clayton Euro Risk, global services. For more information, call 877.291.5301 or visit www.clayton.com.

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SOURCE Clayton Holdings LLC