New Diligence Advisors

New Diligence Advisors (NDA) is a national third-party review firm, led by industry veterans and built on proven technology.

Our experienced team is bringing innovation, flexibility, and technology back to the loan review and diligence process: creating comprehensive, accurate, and transparent results that empower clients to maximize returns.

NDA currently provides a full range of loan underwriting and review services for lenders and investors. Our work takes into account all loan attributes, documentation, and third-party data sources to identify and mitigate risk.

Financially, NDA is backed by Selene Holdings LLC, and its principal investor Pretium Partners, LLC.

NDA is headquartered in Horsham, PA with an operations center in Jacksonville, FL.

Committed to the business, to our clients and to better ways of managing risk.

New Diligence Advisors

New Diligence Advisors (NDA) is a national third-party review firm, led by industry veterans and built on proven technology.

Our experienced team is bringing innovation, flexibility and technology back to the loan review and diligence process: creating comprehensive, accurate and transparent results that empower clients to maximize returns.

NDA currently provides a full range of loan underwriting and review services for lenders and investors. Our work takes into account all loan attributes, documentation and third-party data sources to identify and mitigate risk.

Committed to the business, to our clients and to better ways of managing risk.

New Diligence Advisors

Launched in 2018, NDA is a team of industry veterans, committed to the due diligence space, and focused on the quality of our customer experience.

We understand that each market and asset type has unique due diligence requirements, and we address these distinct needs through comprehensive, detail-oriented, accurate, transparent, and customized results. Our strong commitment to service and partnership with our clients help them achieve their goals to improve risk management. Our proven technology platform is easily customized to design a diligence scope that is specifically tailored to our client’s needs.

Financially, NDA is backed by Selene Holdings LLC, and its principal investors Ranieri Partners Management and Oaktree Capital Management.

NDA is headquartered in Horsham, PA with an operations center in Jacksonville, FL.

MARK HUGHES

Chief Operating Officer

Mark Hughes is the Chief Operating Officer of New Diligence Advisors. In this role, he is responsible for overseeing all operational activities in support of the company strategy, including production, technology, and administration.

Mark has held senior management positions at leading due diligence firms and solutions providers. Prior to forming NDA, Mark was Executive Vice President of Business Development & Industry Affairs for Clayton Holdings, LLC. Previously, Mark was President of Due Diligence for LenderLive, a residential mortgage services provider. Earlier, he was President and Chief Operating Officer of the Bohan Group, where he was instrumental in its growth to become a leading due diligence firm. Following the sale of its assets to CoreLogic, he established and managed their Due Diligence Solutions group for six years. Hughes began his career in mortgage finance at Salomon Brothers (now Citigroup).

Mark received his B.S. in Business Administration and Accounting from Fordham University – Gabelli School of Business. He is a member of the Structured Finance Industry Group Due Diligence Subcommittee and a frequent speaker at numerous residential mortgage industry conferences.

ANN GIBBONS

Managing Director

Ann Gibbons is Managing Director at New Diligence Advisors. In this role, she is responsible for strategic business development and building client relationships.

Before forming NDA, Ann was a Senior Managing Director with Clayton Holdings, where she managed the relationships with some of the firm’s largest clients. Prior to joining Clayton, Ann was Chief Operating Officer of The Murrayhill Company where she was a key contributor in developing the strategic direction of the company since its inception.

Ann started her career as a Certified Public Accountant. She has received a B.S. in Accounting from the University of Maryland and an M.B.A. from Daniels College of Business, University of Denver.

Expecting More

NDA performs comprehensive and dynamic reviews, customized to address different asset types and client needs. Our experienced team takes into account all loan attributes, documentation and third-party data sources to identify and mitigate risk. Our clients benefit from accessible technology that provides transparency throughout the review process.

NDA offers a full range of review services for all loan types including:

Non-QM
Jumbo
Business Purpose Loans
Fix-n-Flip
Reverse Mortgages
Agency and Non-Agency

NDA works on all types of transactions needed for a loan review including:

Portfolio Trades
Securitization
Mortgage Servicing Rights trading
Warehouse Lending

NDA reviews are customized depending on the transaction and cover all aspects of the loan including:

Credit Underwriting
Property Valuation
Regulatory Compliance
Mortgage Fraud
Data Integrity
Legal/Modification Documents
Payment History
Collection Comments
Servicing Activity

Expecting More

NDA offers a full range of review services for all loan types including:

Non-QM
Jumbo
Business Purpose Loans
Fix-n-Flip
Reverse Mortgages
Agency and Non-Agency

NDA works on all types of transactions needed for a loan review including:

Portfolio Trades
Securitization
Mortgage Servicing Rights trading
Warehouse Lending

NDA reviews are customized depending on the transaction and cover all aspects of the loan including:

Credit Underwriting
Property Valuation
Regulatory Compliance
Mortgage Fraud
Data Integrity
Legal/Modification Documents
Payment History
Collection Comments
Servicing Activity

In the News

November 4, 2019, Business Wire
Pretium Acquires NDA As Part of Selene Holdings Acquisition

Press Releases

April 26, 2019, NDA added to DBRS List of Acceptable Third-Party Due Diligence Firms

November 15, 2018, NDA added to S&P Global Ratings List Of Third-Party Due Diligence Firms

October 29, 2018, NDA Added To Fitch’s List Of Third Party Reviewers

August 27, 2018, NDA Added to Kroll’s List of Third Party Reviewers

February 9, 2018, Industry Veterans Launch New Due Diligence Firm

Press Releases

February 9, 2018, Industry Veterans Launch New Due Diligence Firm

In the News

May 10, 2018, MortgageOrb
Person of the Week: Mark Hughes Growing Non-QM Market bodes Well for Due Diligence Firms

March 23, 2018, Rob Chrisman
Controller & LO jobs, digital lender & vendor products; update on vendors; rates edge higher

February 16, 2018, Inside MBS
Due Diligence Firms Jockey for Position in Growing Expanded-Credit MBS Market

February 13, 2018, Mortgage Professional America
Due Diligence Firm For Mortgage Clients Launched

February 12, 2018, Asset Securitization Report
New Due Diligence Firm Looks to Change a Static Industry

February 9, 2018, HousingWire
Former Clayton Execs Band Together to Found New Due Diligence Firm

February 9, 2018, Asset Backed Alert
Ranieri Backs Clayton Alumni’s Venture

February 9, 2018, Inside Mortgage Finance
Three Former Clayton Executives Launch Due Diligence Firm

We’re Hiring!

NDA is always looking for talented individuals to join our trusted team of client-focused due diligence professionals. Our goal is to offer a customized and comprehensive evaluation of the risk that empowers our clients to maximize returns. Whether you are working remotely or in either our Horsham & Jacksonville locations, we are committed to helping you grow your skills and build a great career.

NDA offers competitive salaries along with a comprehensive and flexible benefits package to eligible team members, such as:

Medical and Dental Insurance
Vision Plan
Life and Personal Accident Insurance
Disability Benefits
Flexible Spending Accounts
Paid Time Off and Company Paid Holidays
401K with Company Match
Corporate Incentive Program