Wipro Positioned in HfS Blueprint Report’s ‘Winners Circle’ for Mortgage Services

September 2016

Recognized for excellence in innovation and execution                                                                                          Bangalore, India and East Brunswick, New Jersey, USA [...]

Opus CMC Launches Servicing Oversight Solutions to Arm Servicers with Transformative Intelligence Relating to Operational Risk

February 2016

 Lincolnshire, IL. – Feb. 3, 2016 - Opus Capital Markets Consultants, LLC (Opus CMC), a Wipro Limited company, announced today that is has launched its Servicing Oversight Solutions, which will identify operational and loan level risks present within a residential mortgage servicing operation. Opus CMC's servicing solutions come at a time when mortgage servicers face regulatory pressures, ever-increasing requirements of GSEs and investors, and much higher operating costs. Opus' Servici[...]

Opus CMC’s Jennifer LaBud Recognized by HousingWire and Mortgage Professional America as Outstanding Female Leader in the Housing Industry

August 2015

Lincolnshire, Ill. –August 25, 2015 – Opus Capital Markets Consultants, LLC (Opus CMC), a Wipro Limited company, announced COO Jennifer LaBud has been named to HousingWire magazine's list of 2015 Influential Women in Housing and Mortgage Professional America (MPA) magazine's list of Elite Women in Mortgage, respectively. HousingWire’s 2015 Influential Women in Housing program recognizes outstanding efforts of women driving the U.S. hous[...]

Opus CMC Successfully Completes Annual SSAE 16 Examination of its Production Facilities and Data Center

July 2015

Lincolnshire, Ill. –July 14, 2015 – Opus Capital Markets Consultants, LLC (Opus CMC), a Wipro Limited company, announced today that it has successfully achieved Statement on Standards for Attestation Engagement (SSAE 16) for its four production facilities and Data Center. The issuance demonstrates Opus CMC’s commitment to ensuring comprehensive security controls. SSAE 16 is an attestation standard issued by the American Institute of Certified Public Accountants (AICPA) that reports on c[...]

Opus CMC Announces William Shuey as Director of Securitization - Executive Appointment to Underscore the Importance of Compliance in the New Securitization Market

February 2015

Feb. 2, 2015, Lincolnshire, IL – Opus Capital Markets Consultants, LLC (Opus CMC), a leader in mortgage due diligence and a wholly owned subsidiary of Wipro Limited (NYSE: WIT), a leading global information technology, consulting, and business process services company, today announced the appointment of William (Bill) Shuey as director of securitization. Shuey will be responsible for operational oversight of the securitization processes with a focus on assuring the delivery of[...]

Wipro-owned Opus CMC Appoints John Levonick as Chief Compliance Counsel

November 2014

Lincolnshire, IL – November 25, 2014 – Wipro-owned Opus Capital Markets Consultants, LLC (Opus CMC), a leading provider of mortgage due diligence today announced the appointment of John Levonick as Chief Compliance Counsel. Opus CMC is a wholly owned subsidiary of Wipro Ltd. (NYSE:WIT), a leading global information technology, consulting, and business process services company. John brings to Opus a rich experience of advising mortgage industry participants on compliance, [...]

Opus CMC Launches New Client Web Application, OpusPanorama for the Mortgage Industry

July 2014

Bangalore, India and East Brunswick, NJ, USA - July 28, 2014:  Opus Capital Markets Consultants LLC (Opus CMC), a leading provider of mortgage due diligence and a wholly owned subsidiary of Wipro Ltd. (NYSE:WIT), a leading global Information Technology, Consulting, and Business Process Services company, today announced it has launched OpusPanorama, a new client web application. The application, compatible across multiple devices, is designed to provide a superior user ex[...]

Wipro Recognized as a Top 50 Mortgage Service Provider by Mortgage Technology Magazine

June 2014

Lincolnshire, IL - June 2014 - Opus Capital Markets Consultants LLC (Opus CMC), a leading provider of mortgage due diligence and a wholly owned subsidiary of Wipro Ltd, announced today that, Mortgage Technology Magazine has named Wipro Ltd as a Top 50 Mortgage Service Provider for the fourth consecutive year. The nominees were judged on four criteria: continued advancement of technology and services, viable revenue model and value proposition to customer[...]

Opus CMC Continues to Meet DBRS’ Rating Criteria for RMBS

April 2014

Lincolnshire, IL, USA - June 2014 - Opus Capital Markets Consultants, LLC announced that DBRS, an international full service credit rating agency, has again listed the firm as an accepted third-party due diligence provider for U.S. Residential Mortgage-Backed Securities (RMBS).  The independent evaluation of due diligence providers for RMBS transactions provides assurance to mortgage investors on the quality/risk analysis of the underlying as[...]

Wipro to Acquire Opus CMC, one of the Leading US Mortgage Due Diligence and Risk Management Service Providers

December 2013

Bangalore, India and Lincolnshire, Illinois, USA - December 2013 - Wipro Ltd. (NYSE:WIT), a leading global Information Technology, Consulting and Outsourcing company today announced that it has signed a definitive agreement to acquire Opus CMC (Opus Capital Markets Consultants LLC), one of the leading US-based providers of mortgage due diligence and risk management services for a purchase consideration of USD 75 million that includes a[...]

Opus CMC Founding Member in Newly Formed SFIG

May 2013

Lincolnshire, IL - May 2013 - Opus Capital Markets Consultants, LLC (Opus CMC) is proud to announce its membership into the Structured Finance Industry Group (SFIG), a new, member-based, trade industry advocacy group focused on improving and strengthening the broader structured finance and securitization market. “Opus CMC’s focus has always been to provide customer-centric risk management solutions. Our membership and participation in Struc[...]

Opus CMC Successfully Completes Annual SSAE 16 Examination

June 2012

Lincolnshire, IL - June 2012 - Opus Capital Markets Consultants, LLC (Opus CMC) has successfully completed the SSAE 16 examination (Statement on Standards for Attestation Engagements) of its four production facilities: Lincolnshire, IL, Sussex, WI, Seattle, WA, and Fort Lauderdale, FL as well as its Data Center in Oak Brook, IL. The controls addressed in the SSAE 16 are those that an organization implements to prevent, or detect and/or correct, er[...]

Opus CMC’s Growth Continues; Opening of 5th National Production Center in Jacksonville, FL Set for May 2012

April 2012

Lincolnshire, IL - April 2010 - Opus Capital Markets Consultants, LLC (Opus CMC), an industry leader in mortgage due diligence, has recently announced the May 2012 opening of an underwriting facility in Jacksonville, Florida. With the addition of this office, Opus CMC now claims over 60,000 square feet of SSAE 16 audited office space to accommodate its ever expanding workforce. “Our continued growth is a testament to the body of work produced by our peop[...]

Opus International Increases Exposure

August 2010

Lincolnshire, IL - August 2010 - Opus International, the International affiliate of Opus CMC, established in 2008 to provide high quality due diligence services outside of the United States, has increased its International exposure to include the Asian Market with the recently completed operational servicing reviews throughout China and the Philippines. Prior International reviews have included Romania, Portugal, Spain, Greece and Poland. Opus Internationa[...]

Opus Capital Markets Consultants Announces Valuation Services Unit

June 2010

Lincolnshire, IL - June 2010 -  Opus Capital Markets Consultants has recently announced the expansion of its due diligence business to include valuation service offerings. The valuations group is currently staffed with 17 full time licensed appraisers operating in both the Sussex, WI underwriting facility, and in the corporate headquarters in Lincolnshire, IL. The group will be managed by Opus CMC’s Director of Valuation Services, Jeff Rauland, previously of Goldm[...]

Opus Capital Markets Consultants Approved by S&P for RMBS Due Diligence Services

November 2009

Lincolnshire, IL - November 2009 - Opus Capital Markets Consultants, LLC (Opus CMC) has been approved by Standard and Poor`s Rating Service as a third-party due diligence provider for Residential Mortgage Backed Securities transactions. The approval of third-party consultants involved in transactional risk management signifies an important step toward improved quality and transparency in Mortgage Backed Securities. “We have witnessed a shift in the way people view due [...]

Opus Capital Markets Consultants Expands Due Diligence Operations

July 2009

Lincolnshire, IL - July 2009 - Opus Capital Markets Consultants has recently announced the expansion of its corporate headquarters in Lincolnshire, IL. The company recently relocated to an 18,000 square foot operations facility to bring additional capacity to its centralized underwriting group. “With the additional space, we are well positioned to increase our market share as the MBS market continues to rebound,” says Jennifer LaBud, a Principal at Opus. Opus CM[...]

Opus Capital Markets Consultants Acquires MDMC Due Diligence Services Unit

June 2009

Lincolnshire, IL - June 2009 - Opus Capital Markets Consultants, LLC (Opus CMC) and Mortgage Data Management Company (MDMC) announced today the acquisition of the due diligence division of MDMC by Opus CMC. This integration combines two of the largest providers of due diligence services of this kind, and will increase the portfolio of services offered by Opus CMC. “MDMC has been a trusted partner of Opus CMC for years. In light of the changing industry, we have recogni[...]