Clayton Holdings LLC, a leading provider of loan due diligence, surveillance, REO management, and consulting services to the mortgage industry, announced that it has opened a consulting office in Silicon Valley. The new office will help serve the growing number of financial technology companies being formed in the San Francisco area, particularly those involved in the mortgage and consumer lending markets.
“Entrepreneurs and venture capital firms are turning their significant energy and resources to the consumer lending and mortgage industries, developing alternative ways of vetting borrowers, creating new loan origination systems and bringing other ideas and solutions to the lending industry,” Clayton Holdings President Joe D’Urso said in a press release. “But innovation doesn't always account for regulatory compliance. Clayton has the data, experience and consultants to help these companies bridge the gap between their ideas, technology and the highly regulated industry that they are seeking to join and change.”
Andrew Pollock, senior managing director and head of Clayton Consulting, will lead the office in Los Gatos, Calif., and manage the Fintech consulting team.
“By opening a local office, we will be better able to serve this growing group of firms by offering our experience and data resources to enhance their innovative ideas and groundbreaking technology,” Pollock said.