Global Debt Registry becomes member of the SFIG to help advance Asset Backed Securitization

WILMINGTON, Del. - March 30, 2016 - PRLog -- Global Debt Registry (GDR), the real loan validation experts, announced today that it has joined the Structured Finance Industry Group, Inc. (SFIG).  GDR helps provide risk infrastructure to support safe and sound growth in the marketplace lending securitization market.

GDR is the only real loan validation platform for consumer lending.  GDR, digitally validates and certifies 100% of consumer accounts in an investment portfolio, which reduces risk, boosts investor confidence and complies with SEC due diligence standards. GDR has been validating and ensuring the enforceability of charged off loans successfully for the last decade and is now applying their expertise to Marketplace Lending (MPL) loans. GDR works with platforms and investors to independently ensure the validity of a loan's critical underwriting data, and certifies the representation of loan portfolios in support of initial investments, secondary sales and securitizations. GDR's process allows for:

Real Validation

•  Independent validation of underwriting data provides confidence in the asset and optimal pricing.

•  100% census of accounts ensures all loans are in order - representations and warranties can be applied as appropriate.

•  Digital validation of actual data with trusted third parties provides timely confirmation while action can still be taken.

Real Trust

•   GDR enables the investor to sell back loans with invalid data providing instant checks to take advantage of representations and warranties protections.

•   Personally Identifiable Information is safely managed, avoiding regulatory risk for both buyer and seller.

•   Data and document integrity is ensured across all loans giving confidence in the enforceability of the underlying assets.

Real Growth

•  Standards for investment risk help facilitate securitizations and the secondary market.

"We are always pleased to welcome innovative companies like GDR to SFIG. GDR's focus on providing greater certainty in the underlying assets in support of a healthy and vibrant securitization market, fits in well with our mission at SFIG," said Richard Johns, Executive Director of SFIG.

Mark Parsells, GDR's Executive Chairman and CEO, commented, "GDR is delighted to be working with SFIG.  This will enhance our ability to develop investment risk standards around Marketplace Lending to give investors the confidence and insights to participate in this high potential new market. Securitization plays a critical role in our economy and best practices require independent loan level validation to ensure certainty in the asset. "

GDR recently completed a market research study of industry needs, risks and opportunities, conducted by the independent consulting firm Bridgeforce. The findings highlighted the need for greater assurance in the loan level assets being sold, both at origination by Marketplace Lenders and in support of a securitization. GDR provides a standard level of risk validation as well as custom validations and ad hoc monitoring.

About Structured Finance Industry Group, Inc.
Structured Finance Industry Group, Inc. ("SFIG") is a member-based, trade industry group focused on improving and strengthening the broader structured finance and securitization market. SFIG provides an inclusive network for securitization professionals to collaborate and, as industry leaders, drive necessary changes, be an advocate for the securitization community, share best practices and innovative ideas, and educate industry members through conferences and other programs. Members of SFIG represent all sectors of the securitization market including issuers, investors, financial intermediaries, law firms, accounting firms, technology firms, rating agencies, servicers, and trustees. Further information can be found at www.sfindustry.org

About Global Debt Registry ("GDR")

   GDR, a FinTech Company headquartered in Wilmington, Delaware, is committed to developing tools to help better manage the investment risks associated with consumer lending. The Company is backed by a $6 Billion private equity firm and is led by the former President of Citibank Online with a team of senior executives from American Express, Bank of America and Barclays. The management team includes experts in consumer lending, risk, financial technology, data security and compliance. GDR's secure, PCI compliant digital platform is currently used by over 50 financial institutions for the tracking of ownership and validation of account information of consumer loans in a variety of asset classes including auto finance, credit cards, student loans and medical debt. Further information can be found at www.globaldebtregistry.com