Clayton Holdings LLC this week announced that it has hired a team of structured finance professionals to run a new independent financial analysis and consulting group focused on providing litigation support and valuation services to players in the residential MBS market.
The new initiative also will focus on products in the structured finance space.
The company hired David Lehman as president of its Asset Backed Solutions LLC subsidiary, and named Tyler Simpson and Florin Nedelciuc as directors.
Among other activities, the new unit aims to assist firms and individuals with issues surrounding the value of MBS, whole loans, cash and synthetic collateralized debt obligations and other securities issued and sold prior to the credit crisis.
Its activities will include independent valuations and financial analysis to market participants facing legal challenges linked to the valuation of complex structured products and related assets. It also will consult on asset valuations tied to mergers and acquisitions, transaction advisory services and risk management.
