MIAC Acadametrics Announces George Patellis as Director UK/Eurozone Due Diligence

London – MIAC Acadametrics (“M | A”), a leading independent asset valuation service provider; specializing in behavioral modelling, stress testing and collateral valuation services and due diligence services, announced today that George Patellis will be joining the M | A team as Director UK/Eurozone Due Diligence. Based in London, George will lead our due diligence and due diligence technology efforts throughout the United Kingdom and Europe and Asia.

“We are excited to have George join our team. His vast experience in the United Kingdom as well as throughout the Eurozone will greatly enhance MIAC Acadametrics’ overall due diligence and analytical services and the international roll-out of MIAC’s VeriFi™ due diligence software system,” said Joseph Furlong, Director, Due Diligence Group.

George has over 26 years of experience in the financial services industry. For the past 20 years George has worked exclusively in the international mortgage arena, accumulating significant international lending experience from start-up to fully operating platforms, spanning North America, Europe, Australia and Asia. He’s held a variety of senior executive positions including roles at major international commercial and investment banks.

George Patellis said, “I have known the MIAC team for several years. They are dynamic, well established and have a stellar reputation globally. Armed with technology that is best in class and geographic and language agnostic, I’m looking forward to building on an already fantastic brand.”

About MIAC Acadametrics

MIAC Acadametrics is an independent technology and asset valuation service provider, specialising in behavioural modelling, stress testing, collateral valuation, and due diligence services for the financial services industry. Our strong track record is underpinned by our combined international experience and our powerful MIAC Analytics™ proprietary software suite. With our exceptional expertise and bespoke solutions, we can enhance your institutions’ understanding of the value of key assets, and ultimately optimise your decision making capability.

About MIAC

For over 27 years, Mortgage Industry Advisory Corporation (MIAC) has been the preferred destination for sophisticated mortgage-industry participants. In addition to providing discrete whole loan brokerage services, MIAC offers third-party mortgage asset valuations, secondary market hedge advisory solutions, as well as state-of-the-art behavioral models.

MIAC Analytics™ is the most sophisticated mortgage pricing and risk management software suite available. The MIAC Analytics™ suite includes VeriFi™, DataRaptor-Surveillance™, MIAC Core™, and Vision™ to address FASB’s new Current Expected Credit Loss (“CECL”) requirements with the industries best modeling practices. VeriFi is used to support and manage the data quality auditing and review process. DR-Surveillance will measure a client’s collateral behavior including historical transition roll rates and Time_in_FCL exit curves; and these client specific behaviors are integrated into MIAC Core, our loan level credit loss model embedded in our Vision cash flow engine and balance sheet model.