Green River Capital's Residential Vendor And Component Servicer Rankings Raised By Morningstar

SALT LAKE CITY, May 5, 2015 /PRNewswire/-- Green River Capital, LLC (GRC), a leading provider of REO asset management and loss mitigation services for mortgage servicers, investment firms, and banking institutions, announced today that Morningstar Credit Ratings, LLC (Morningstar) raised its residential vendor ranking as a residential vendor in the asset-management market to 'MOR RV1' from 'MOR RV2,' and raised its residential component servicer ranking in the short sales market to 'MOR RS1' from 'MOR RS2.' The forecast for both rankings is Stable.

According to Morningstar's bulletin: "The raised rankings reflect Morningstar's assessment of GRC's operational infrastructure and client-driven performance results in its respective duties as a residential component servicer and asset manager for real-estate owned (REO) properties. The Stable forecast for both rankings reflects solid performance for GRC's client base and an enterprise-wide focus on audit, quality control, compliance, and technology. GRC management has developed an effective compliance culture that promotes industry best practices through a solid training regimen, comprehensive and client-driven policies and procedures, and internal performance monitoring and reporting."

Morningstar added: "GRC's proprietary technology and overall systems infrastructure provides the company with a highly flexible platform from which to pursue new business leads and launch new products quickly as industry developments occur. GRC's flexible business model and proprietary technology provide the company, both as a component servicer and vendor, market growth and a diversified business strategy, which are evident in recently introduced business ventures such as collateral underwriting and property manager oversight and compliance for the single-family rental securitization market."

"Being a part of two financially strong entities—Clayton Holdings and the Radian Group—allows us to invest in the technology, processes and enhancements to provide our clients with best-in-class services," said Tim Reilly, President of GRC. "Morningstar's decision to raise our rankings, combined with our SOC1 reports, speak to the strength and security of our infrastructure and cultural commitment to compliance and our clients."

To view the full bulletin, visit Morningstar.com.

About Clayton Holdings LLC

Clayton Holdings LLC, a subsidiary of Radian Group Inc. (NYSE: RDN), provides risk-based analytics, residential loan due diligence, consulting, surveillance and staffing solutions. The company also provides customized REO asset management and single-family rental services through its Green River Capital subsidiary; advanced AVMs, BPOs and technology solutions to monitor loan portfolio performance, acquire and track NPLs, and value and sell REO through its Red Bell Real Estate subsidiary; and a global reach through its Clayton EuroRisk subsidiary. For more information, call 877.291.5301 or visit www.clayton.com.

About Green River Capital

Green River Capital (GRC) is a leading real estate company, providing REO asset management, loss mitigation, valuation, collateral review, property management and a full suite of component real estate services. GRC also offers surveillance programs and supports investors' single family rental strategies with pre- and post-acquisition services. GRC uses proprietary technology and a nationwide network of attorneys, brokers, appraisers, contractors and title professionals to deliver scalable, customized solutions. Based in Salt Lake City, Utah, GRC is wholly owned by Clayton Holdings LLC, a subsidiary of Radian Group Inc. RDN. Additional information is available at www.greenrivercap.com.

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SOURCE Green River Capital