Clayton Holdings Agrees to Help Wall Street Probe

Shelton, Connecticut-based ""Clayton Holdings Inc."":http://www.clayton.com, a platform dedicated to providing advanced analytics for lending firms, capital market institutions and investors, confirmed with DSNews.com on Monday that it will be assisting the New York Attorney General's Office in its case against major Wall Street firms, who are accused of not properly disclosing risky subprime loans to investors.
In a statement, Clayton Holdings said, ""We have complied with a subpoena to produce due diligence reports on various pools of loans that we had reviewed for issuers of mortgage-backed securities (MBS). We have also been asked about loans that had exceptions to lender/seller guidelines and were eventually purchased by MBS issuers. This information that we provided to the Attorney General is the same information that we provided to our clients.""