According to market reports, Standard and Poor’s (S&P) plans to add American Mortgage Consultants (AMC) to the list of firms that will provide third party due diligence reviews of U.S. residential mortgage-backed securitizations (RMBS).
S&P conducted a review of AMC’s background, systems, capacity, personnel, policies and procedures in approving the firm for the reviews.
“We are pleased that Standard & Poor’s has recognized AMC as a mortgage due-diligence firm with the expertise and infrastructure needed to provide high-quality loan level reviews which are essential in today’s marketplace,” said AMC president Peter Kempf.
