Consultant Zone

The importance of supplier Due Diligence

There have been a number of mortgage and loan book trades over the past 6 months, with more on the horizon as a more favourable funding environment appears for new originations, together with increasing appetite for residential and commercial mortgage backed securities throughout Europe. As this market recovers, there should be great opportunities for service support providers in the sector. Rockstead, significantly, is gearing up for increased activity.

It is important for businesses, when considering appointing any service support company, to establish the potential suppliers’ credentials and carry out appropriate Due Diligence (DD) on it. That could involve, for example, establishing its history in the sector, identifying its specific expertise and whether that can be referenced with other clients. It could also include a review of the business structure, particularly if there is a requirement for an independent supplier.

Increasingly, investors, investment banks, lenders and hedge funds are looking for independent help when investigating potential trades in the improving mortgage and loans sectors. With increasing regulatory influences coming into play, including the issue of single supplier risk, it is vital to seek the support of real professionals with international and local expertise.

So, if you are looking for a truly independent supplier that can add real value to transactions by providing a truly independent support service, give us a call.

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