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Green River Capital Assigned ‘MOR RV2’ Ranking For SFR Surveillance And Property Management From Morningstar: Residential Vendor And Component Servicer Rankings Affirmed

Wed March 23, 2016

SALT LAKE CITY, March 22, 2016 /PRNewswire/ — Green River Capital, LLC (GRC), a leading provider of REO asset management and real estate services for mortgage servicers, investment firms, and banking institutions, announced today that it has received a ‘MOR RV2’ residential vendor ranking for its single-family rental (SFR) property management and surveillance services from Morningstar Credit Ratings, LLC (Morningstar).  GRC also announced that Morningstar affirmed its residential vendor ranking as a residential vendor in the asset-management market as ‘MOR RV1’ and its residential component servicer ranking in the short sales market as ‘MOR RV1’. The forecast for all the rankings are Stable.

According to Morningstar’s bulletin: “The assigned rankings reflect Morningstar’s assessment of GRC’s operational infrastructure and client-driven performance results in its respective duties as a residential component servicer, asset manager for real-estate-owned properties, and single-family rental property management and surveillance. The stable forecast for all rankings reflects solid vendor performance for GRC’s client base deriving from a tenured management team, highly flexible technology environment, comprehensive internal performance monitoring and measurement, a pervasive enterprise wide risk-management infrastructure, and a focus on client-driven performance results. GRC benefits from a comprehensive quality-control and performance-driven culture within the organization, arising from a solid training regimen, comprehensive policies and procedures, and proactive vendor-management protocols that includes effective vendor management oversight for selecting, qualifying, and assessing agent performance.”

Morningstar added: “In 2015, the company unveiled its Rental Asset Management and Performance (RAMP) platform. The RAMP platform is an extension of and complement to GRC’s existing suite of services to the single-family rental securitization industry that includes collateral review and property management services. The platform aggregates and standardizes single-family rental transaction information and monthly rental property-level performance data for a variety of single-family rental residential stakeholders including property owners, investors, servicers, property managers, lenders, and securitizers.”

“Our continued investment in technology, data resources and, best in class processes, enables us to provide our clients with the service levels necessary to maintain our Morningstar rankings,” said Tim Reilly, President of GRC. “Morningstar noted our new RAMP platform when adding a rating of ‘MOR RV2’ for our single-family property management and surveillance services as we continue to create products and services to meet the changing needs of our clients and the market.”

To view the full bulletin, visit Morningstar.com.

About Green River Capital

Green River Capital, LLC (GRC), headquartered in Salt Lake City, is wholly owned by Clayton Holdings LLC, a subsidiary of Radian Group Inc. (NYSE: www.greenrivercap.com.

About Clayton Holdings LLC

Clayton Holdings LLC, a wholly owned subsidiary of Radian Group Inc. (NYSE: RDN), is a premier global provider of mortgage and real-estate market risk management solutions including 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, value and track performance of loan portfolios and NPLs; ValuAmerica, national title, appraisal management company and vendor management technology provider; and Clayton Euro Risk, global services. For more information, call 877.291.5301 or visitwww.clayton.com.

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