EdgeMAC News

Sheila Meagher joins EdgeMAC as Senior Vice President of Sales and Marketing

October 13, 2015

ANAHEIM, CALIFORNIA- Edgemac  https://edgemac.com has announced that Sheila Meagher has joined the firm as Senior Vice President of Sales and Marketing. Sheila brings a wealth of experience and knowledge in mortgage data, predictive modeling, credit risk technologies and underwriting due diligence services and software.

Sheila will be focused on driving revenue growth and brand awareness for EdgeMAC’s powerful range of capabilities utilizing their proprietary indexing, data extraction and due diligence services. Sheila is charged with building out and leading EdgeMAC sales, client service and marketing teams.

Prior to joining EdgeMAC, Sheila was SVP of Sales and Marketing at UHS America where she played a key role in UHS America’s revenue growth and expansion of their sales, client service and marketing teams.

Sheila was on the founding team at LoanPerformance (now CoreLogic), where she held leadership roles in operations, sales and client services before becoming VP of Marketing. Sheila’s strategic vision and strategy helped position LoanPerformance as the leading provider of mortgage data and modeling tools. While at LoanPerformance, Sheila conceived and launched the RiskSummit, a leading mortgage industry event and The MarketPulse, a closely followed mortgage industry publication detailing trends and analysis of delinquency and prepayment data.

“I am thrilled to welcome Sheila to the EdgeMAC team”, said Robin Auerbach, founding President and CEO. “Sheila has a stellar track record in building sales and marketing teams within the mortgage vertical. She is the first in a series of strategic hires that fulfills on EdgeMAC‘s plans for growth and expansion.”

CONTACT:

Robin Auerbach at: robin@edgemac.com or 714.564.5800.

ABOUT EDGEMAC:

Our team knows mortgages. Our clients benefit from customized services derived from years of experience in originations, capital markets, securitization and asset management across all product types. Utilizing proprietary technology, EdgeMAC provides a fresh, innovative approach to due diligence, data and document management, specialized consulting, and other portfolio management support services. Our clients include banks, investment firms, financial guarantors, investors, asset managers, government entities and other financial institutions.

DBRS Adds EdgeMAC to List of Acceptable Third-Party Due Diligence Firms

September 18, 2014

DBRS has today published its updated list of Acceptable Third-Party Due Diligence Firms. DBRS has added EdgeMAC, LLC as an acceptable due diligence firm for DBRS-rated transactions.

In an effort to ensure that a third-party due diligence firm is acceptable, DBRS conducts an on-site review to assess the staffing, infrastructure and capabilities of the company. Acceptable firms typically have the following:

• Principals of the firm have significant market experience with appropriate operating processes and staff in place to perform the required tasks.
• Underwriting staff have a minimum of two years of industry experience.
• The firm’s underwriting criteria meet minimum industry standards for determining income, assets, employment and occupancy status.
• The firm has access to legal counsel and/or has the appropriate compliance software in place to accurately interpret state, local and federal regulatory compliance statutes.
• The firm has robust quality control procedures.
• The firm utilizes industry-standard anti-fraud software.
• The firm has property valuation software and employs or contracts with property valuation specialists to accurately assess property values.
• The firm has adequate systems capabilities and data checking capabilities.
• Disaster recovery procedures are in place and tested regularly.
• Appropriate security measures are in place to ensure compliance with consumer privacy laws.

For more information about the approval process or to schedule an on-site review please contact Kathleen Tillwitz at ktillwitz@dbrs.com or refer to our “Third-Party Due Diligence Criteria for U.S. RMBS Transactions.”