American Mortgage Consultants has acquired a business unit that handles due diligence and quality control for residential mortgages from Stewart Lender Services.

Altogether, AMC purchased Stewart's residential due diligence and servicing functions, including credit, compliance, origination and servicing quality control reviews. The deal closed Dec. 31; financial terms of the acquisition were not disclosed.

Subscribe Now

Authoritative analysis and perspective for every segment of the mortgage industry

30-Day Free Trial

Authoritative analysis and perspective for every segment of the mortgage industry