Monday, October 27, 2008

New York Mortgage Trust Announces $20 Million Investment Led by JMP ...

SHELTON, Conn., Jan. 22 /PRNewswire-FirstCall/ -- Clayton Holdings, Inc. (NASDAQ: CLAY) , a leading provider of information-based analytics, consulting and outsourced services for capital markets firms, lending institutions, fixed income investors and loan servicers announced today that its special servicing unit, Quantum Servicing Corp. has been rated "average" by Standard & Poor's. This was the servicer's first rating since being added to the S&P Select Servicer List last April. The company earned a place on this select list after only 18 months of operation.

According to S&P, Quantum's initial rating is "based on the company's superior level of automation, an industry-experienced management team and its internal control and risk management environment." The report also mentions strong process management, thorough policies and procedures, a satisfactory (and developing) training regimen, and successful execution of strategic business initiatives. read more