Bolton has recently been consulting for the loan and mortgage asset risk assessment and due diligence business on its international strategic business and will be based in London.
CER has been in the UK for the past 12 years with the majority of its operations based in Bristol. Parent company Clayton is based in the US. The firm says it has acted on behalf of its clients on over £30bn of loan asset due-diligence in the past 30 months.
CER president and CEO Tim Keast says: “The market has been slowly but surely emerging from its depths over the last nine months. CER has seen a marked upswing in its activity over this time from its traditional clients and new market entrants. Continental Europe is also now waking up to the need to shake out balance sheets of unwanted, poor performing or simply unfunded mortgage and financial assets. Bolton with his market knowledge, contacts and creativity will continue to drive the business on into new markets with new clients”.