Opus Capital Markets Consultants (Opus CMC) and Mortgage Data Management Company (MDMC) announced the acquisition of the due diligence division of MDMC by Opus CMC today, according to an Opus CMC release.
This integration will increase the portfolio of services offered by Opus CMC.
The due diligence division acquired by Opus CMC was formerly part of parent MDMC. MDMC will continue to function as a separate entity, owned and operated by Kent Loehrke and Doug Lackey, and specializing in securitization analysis and the delivery of mortgage assets to Fannie Mae, Freddie Mac, and Ginnie Mae.
Co-Founder of Opus CMC Jennifer LaBud said the acquisition adds value for clients of both companies, where Opus CMC clients will have stronger access to data delivery systems and enhanced expertise in fraud reviews and reverse mortgage products.
Meanwhile, MDMC clients will see increased efficiency and access to more macro level consulting services, such as non-performing asset reviews, operational analysis and experience in the international market.
