MAITLAND, Fla.--(BUSINESS WIRE)--Digital Risk has been ranked No. 50 in HousingWire’s 2014 Fast50™. Each year, HousingWire, the nation's most-read source of news and information for the U.S. housing economy, ranks the fastest-growing companies driving the housing economy in its Fast50™.
From fiscal year 2012 to 2013, Digital Risk experienced tremendous expansion in its originations, due diligence, loan fulfillment, compliance and valuations services. With release of new products, including its Governance, Risk & Compliance solutions and Veritas solutions, the company is positioned to see continuous growth in 2015.
“Digital Risk’s performance in the last 18 months has been encouraging compared to the industry. The HousingWire ranking is a testament of our strategic vision of diversification, as well as our company strength. We continue to innovate and look to expand our offerings across the financial services industry leveraging our technology and employees’ expertise,” – Peter R. Kassabov, Chief Executive Officer, Digital Risk.
“Each of the companies on this year’s HW Fast50™ represent a critical and vibrant part of the future of the U.S. housing economy, and have demonstrated their ability to succeed in a fast-changing business climate.” – Paul Jackson, CEO and publisher, HousingWire.
More than 400 companies were considered for this year's program, spanning both private and public businesses representing all sectors of U.S. residential mortgage lending, servicing, investments and real estate operations. Roughly one-third of the companies recognized on the 2014 HW Fast50 are privately held. Digital Risk is extremely honored to be listed among these top 50 companies, especially considering it is the only compliance- and risk mitigation-focused company to have made the list.
Combined, firms ranked in the 2014 HW Fast50™ represented $52.7 billion in revenues during 2013, while posting a mean growth rate of over 230 percent. To learn more about this year's winners, please visit http://www.housingwire.com/2014fast50.
About Digital Risk, LLC
Digital Risk, LLC is the nation’s largest independent provider of Risk Management Services, Compliance, Quality Control, Due Diligence, Valuations and Fulfillment Services for the complex and dynamic financial services market. The individual talents of Digital Risk’s thousands of analysts are amplified by the company’s proprietary technology and advanced analytics performed using the Making Mortgages Safe™ solutions suite. Digital Risk, LLC is a wholly owned subsidiary of Mphasis Ltd, a HP Company. To learn more visit, www.DigitalRisk.com.
HousingWire is the nation's most influential industry news source covering the U.S. housing economy, spanning residential mortgage lending, servicing, investments and real estate operations. The company's news, commentary, magazine content, industry directories, and events give more than one million industry professionals each year the insight they need to make better, more informed business decisions. Winner of numerous awards, including a 2012 Eddie Award for national editorial excellence in the B2B Banking/Business/Finance category, HousingWire has been recognized for excellence in journalism by the Society of Business Editors and Writers, the American Society of Business Press Editors, the National Association of Real Estate Editors, and Trade Association Business Publications International. Learn more at http://www.housingwire.com.
About the HW Fast50™
The 2014 HW Fast50™ is ranked according to percentage revenue growth between 2012 and 2013, and includes both public and privately held companies. To qualify, companies must have been founded and generating revenues by January 31, 2012. Companies must be for-profit and must have earned at least $50,000 in revenues during the 2012 calendar year. HousingWire reserves the right to exclude companies for subjective reasons, and in its sole discretion. The 2014 HW Fast50 is featured in the October 2014 issue of HousingWire Magazine, and can be found online at http://www.housingwire.com/2014fast50.