PRESS RELEASE Contact Information:
Kara Harrington, P360 VP Business Development
949-347-7700
Jeff Taylor, Wendover Consulting President
336-288-0812

Wendover Consulting, Inc. and Portfolio 360, Inc. form Strategic Marketing Alliance for HECM HMBS Valuation and Due Diligence Reviews

Greensboro, N.C. (May 10th, 2012) – Wendover Consulting and Portfolio 360 entered into a strategic marketing alliance to provide portfolio valuation and due-diligence services to the reverse mortgage industry.

Wendover supplies a direct sales channel for all due-diligence reviews for HMBS sales, loan servicing rights, and mergers and acquisitions to the reverse mortgage industry utilizing P360’s Mosaic platform.

P360 is a nationally recognized data intelligence and analytics firm with experience serving clients in the mortgage banking industry. It works with investment banks, lenders, servicers and credit unions. The company’s Mosaic platform is a Software as a Service (SaaS) solution that aggregates and analyzes loan data and documents to provide a 360-degree view across loan portfolios.

Jeff Taylor, Wendover President, expressed his enthusiasm with the venture. “I am excited to bring P360’s expertise to the reverse mortgage industry,” he said. “With the current market dynamics and HECM loan servicing acquisitions and transfers, P360’s services will be welcomed to support ongoing sales, mergers and acquisitions.”

According to P360 VP Business Development Kara Harrington, the company strives for greater transparency and accessibility in the mortgage markets. “We look forward to uniting our Mosaic sophistication with Wendover’s industry and product knowledge in reverse mortgages.”

About Portfolio 360

Portfolio 360 is a loan analytics software and services firm in the mortgage industry. The Mosaic centralized loan repository standardizes data from all sources; proactively manages loan portfolios to identify risk; provides accessibility and transparency to all transactions; and tracks values and financial reporting down to the loan-level.
Insight along with instant Data Accessibility provide loan level detail and Executive level visibility to construct the complete picture. For more information, visit www.p360inc.com.

About Wendover

Wendover Consulting, Inc. is a national consulting firm focused on servicing the Reverse Mortgage industry. Wendover has the expertise and professional network to help you solve your toughest business issues. Wendover provides Business Development, Relationship Development, Reverse Mortgage Servicing Operations
Reviews and Expert Witness expertise. For more information, visit www.wendoverconsultants.com.