Alliance to Provide MSR Risk Advisory Services

MountainView Risk Advisors, LLC, Denver and AVM, L.P., have formed a strategic alliance to provide mortgage servicing rights risk advisory services. The alliance will provide hedge advisory and analytic services to assist financial institutions in stabilizing the returns associated with the MSR assets. The MountainView-AVM combination creates a comprehensive and integrated MSR hedging, analytics, research, sales and trading team. Clients of the alliance will be able to outsource virtually every aspect of designing and executing turnkey MSR risk management programs including identification of asset risks, infrastructure and program design, hedge strategy development and idea generation, derivatives trading and reporting, and attribution analysis. MountainView is continuing to expand its MSR services with this strategic alliance, following the hiring of industry veteran Greg Harris to lead MVRA earlier in 2009.