Incenter is adding a third-party due diligence review firm to its umbrella of companies.
Edgemac, which Incenter acquired at the end of last year, does due diligencing for mostly non-QM and jumbo loans, as well as private label reverse mortgages that could eventually be securitized. The firm, founded in 2008, also provides document management services for closing, purchase, sale and securitization of residential and business-purpose mortgage loans.
Edgemac and Incenter declined to disclose terms of the transaction.
Edgemac’s clients span banks, investment banks, Trustees, investors, government entities and mortgage companies. Its due diligence process looks at a loan from soup to nuts, verifying details ⇒
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