Due Diligence and Analytics Professionals and ExactBid Announce Strategic Alliance Agreement

Jan. 13, 2010 - PRLog -- Manalapan, New Jersey and San Jose, California – Due Diligence and Analytics Professionals f/k/a DeSigns Digital, LLC and ExactBid announce the signing of a strategic alliance agreement.

"We are thrilled to align ourselves with ExactBid, a leader in the real estate due diligence industry", said Mike DeSantis President of Due Diligence and Analytics Professionals. “Adding the services that ExactBid provides to our menu of services will enhance the opportunities for our clients to work through these troubled economic times”, he added.

Ed Jones, President of ExactBid said, “We are happy to add the due diligence services that Due Diligence and Analytics Professionals provides to our menu of services for our clients. We believe that this alliance will provide our clients access to additional valuable resources in their continual efforts to maximize returns on their portfolios”.

About Due Diligence and Analytics Professionals

Due Diligence and Analytics Professionals is a boutique consulting firm specializing in collateral and documentation due diligence, loan risk review, purchase and sale brokerage, whole bank due diligence, servicing reviews and process improvements.

Due Diligence and Analytics Professionals develops unique solutions for its clients designed to save time and money in the due diligence process, to lift overall return on a purchase or sale, provide depth to collateral valuation, and assist in the resale process.  

Due Diligence and Analytics Professionals assists in the acquisition or sale of performing and non-performing loans, pools of loans, and REO to investors and private equity firms.

Due Diligence and Analytics Professionals has a successful, seasoned, and qualified staff. Our management, consultants and strategic alliances have combined well in excess of 100 years of analytics, credit risk management, and negotiation experience.

Due Diligence and Analytics Professionals has been serving clients nationally from its headquarters in Central New Jersey since 2006.

www.newduediligence.com
Phone         732.610.8523
FAX              732.385.1355
Email          contactus@newduediligence.com

About ExactBid

ExactBid provides web-based procurement and workflow management systems for real estate lenders and the real estate due diligence industry -- appraisers, property inspectors, environmental and geotechnical consultants, and others. ExactBid designs and operates secure, world-class systems to enhance the efficiency of their businesses.

ExactBid's flagship product is RIMS™ (Real Estate Information Management System), a procurement and process management system that links lenders and service providers. Lenders use RIMS to bid, award, and manage appraisals and other due diligence services. RIMS users save time and money, and gain enhanced security, auditability, and regulatory compliance. Lenders using RIMS handled more than 20 percent of all commercial real estate transactions in the US in 2009.

ExactBid, Inc. (EBI) has been serving the real estate industry since 1998, with corporate offices located in San Jose, California, the heart of Silicon Valley.

www.exactbid.com
Phone          408. 361.5000
Toll Free      866.319.RIMS(7467)
Fax               408.361.5011
Email           info@exactbid.com