Articles
Newsletters

Press Releases
Resources

e-Newsletter Sign-Up

privacy policy
 

Press Release:
November 16, 2007

Compass Announces Successful Acquisition of LION, Inc.’s Tuttle Risk Management Services

San Francisco, CA – November 16, 2007– Compass Analytics, LLC (“Compass”) announced today that it has successfully closed the acquisition of LION, Inc.’s Tuttle Risk Management Services (“TRMS”) Business unit and certain related assets. The combination of Compass and TRMS creates the largest outsourced risk management provider in the industry, and greatly expands the utilization of Compass’s analytics. The combined company provides services and analytics to small and large participants across the breadth of mortgage capital markets including mortgage banks, banks, thrifts, credit unions, servicers, investment banks, MI companies and agencies. The broad suite of products and services offered includes outsourced hedge advisory and third party valuation services as well as hosted and licensing options for pipeline risk management, servicing rights valuation, and whole loan trading analytics.

“Both Compass and TRMS are well respected companies in our space and we are very excited with the ability to scale and leverage the best practices of both organizations”, stated Rob Kessel, Compass Analytics’ Managing Partner. “We look forward to providing our joint customer base industry-leading service and analytics and launching new products and services into the market.”

"TRMS is delighted to join forces with Compass," stated Sern Clementson, President of Tuttle Risk Management Services, LLC. "This transaction will enable our TRMS customers to access a much broader array of products and services than we've ever been able to offer in the past."

About Compass Analytics, LLC:

Compass Analytics provides valuation and interest rate risk management solutions to mortgage capital markets participants. Compass Analytics licenses its software CompassPoint™ to mortgage traders, investors, originators and servicers in order to provide unparalleled analysis in previously unattainable speed. CompassPoint’s loan-level models, integrated file mapping, market and credit inputs, whole loan and structured cash flow analysis and reporting capabilities give CompassPoint users the competitive advantage in evaluating all mortgage collateral. In addition to licensing CompassPoint™, Compass uses CompassPoint™ internally to provide third party valuations as well as outsource hedge execution services, both of which draw on Compass’ considerable expertise and access to market color. For more information about Compass Analytics, please visit its website at http://www.compass-analytics.com or contact Rob Kessel at 415-925-2812 or rkessel@compass-analytics.com.

 

 


For more information about Compass Analytics, please visit its website at http://www.compass-analytics.com or email kkramer@compass-analytics.com.

Home | Products | Services | Information Center | About Us | Contact Us | Privacy Policy | © Copyright 2005-2006 Compass Analytics