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SitusAMC Leads the Industry in Residential Mortgage Due Diligence in 2025

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Firm completed ~870,000 loan scope reviews across ~460,000 unique loans while supporting ~340 rated securitizations in 2025, reinforcing role as a strategic partner to buyers and sellers across the residential mortgage ecosystem

NEW YORK, April 27, 2026 /PRNewswire/ — SitusAMC, a leading provider of strategic outsourcing, advisory, and technology solutions to the real estate finance industry, today affirmed its leadership in residential mortgage due diligence, completing ~870,000 unique review scopes across ~460,000 unique residential loans in 2025 providing secondary market participants with scale, insight, and operational excellence to drive business outcomes.

In 2025, SitusAMC supported over 75% of all securitization transactions by number (~340 rated securitizations) through the review of nearly 50% of all securitized loans. The firm partnered with more than 500 loan buyers and sellers on newly originated loans and over 130 seasoned loan market participants. The scale of SitusAMC’s support across both newly originated and seasoned loans underscores the firm’s central role in the mortgage capital markets ecosystem and status as the industry’s go-to-partner.

2025 By The Numbers870,000 Loan Scope Reviews460,000 Unique Loan Reviews340 Rated Securitizations SupportedQ1 2026 By The Numbers~225,000 Loan File Scope Reviews103 Rated Securitizations Supported36% Increase in A-rated Loans Upon Initial Review Over 2-year Period

“Our role goes far beyond reviewing loan files. We help our clients work smarter,” said Jon Gerretsen, Senior Managing Director, Head of Residential New Originations & Fulfillment Services at SitusAMC. “By combining deep data insights, reporting transparency, and a dedicated team model, we enable buyers and aggregators to work with their sellers to improve loan quality at the source, increasing pull through rates, decreasing diligence timelines, and driving better outcomes across the entire transaction lifecycle.”

Driving Operational Efficiency Through Data and Partnership

SitusAMC’s due diligence platform integrates data, reporting, and experience to deliver measurable operational efficiency. Because of the sheer scale of SitusAMC’s operation, the firm is able to provide actionable insights that help clients identify opportunities to improve loan sourcing strategies and strengthen seller relationships. This includes benchmarking loan quality, tracking exception trends, and delivering targeted recommendations to enhance performance.

“Our platform gives clients a level of visibility they simply can’t get elsewhere,” said Gerretsen. “By connecting loan-level data to seller performance, we’re able to deliver insights that drive smarter sourcing decisions and stronger counterparty relationships. These insights also help sellers identify improvements in their operations which ultimately lead to increased liquidity and profitability.”

Enabling Better Loan Quality at the Source

SitusAMC’s dedicated team model and “white glove” advisory approach have helped clients significantly improve loan file quality over time. Over a two-year period, SitusAMC’s dedicated team model, leveraging data-driven insights, coaching, and seller engagement strategies, helped clients increase A-rated loans upon initial review by ~36%.

“Our goal is simple: cleaner, more complete loan files at submission,” added Chris Garland, Director, New Originations & Credit Services at SitusAMC. “By helping our clients educate and enable their sellers, we reduce friction, accelerate execution timelines, and ultimately improve transaction certainty and quality. We help our clients produce cleaner loans which in turn yield higher returns in loan sales and securitizations. These outcomes help turn working with SitusAMC into a competitive differentiator and profit maximizer.”

Sustained Momentum into 2026

SitusAMC’s momentum has continued into 1Q 2026, with highlights including ~225,000 loan file review scopes completed and 103 rated securitizations (~75% of total transactions by number) supported.

As the residential mortgage market continues to evolve, SitusAMC remains committed to serving as the industry’s go-to-partner, delivering scalable due diligence solutions that combine technology, analytics, and deep industry expertise to support clients’ growth and performance.

About SitusAMC’s Newly Origination & Seasoned Loan Diligence & QC

SitusAMC is the leading provider of rating-agency approved residential loan-level diligence and quality control (QC) services for newly originated and seasoned loans. For over 20 years, SitusAMC has supported lenders and investors with comprehensive third-party loan review services including due diligence and quality control solutions that drive better-informed decisions and reduce transaction risk. Our due diligence and third-party review services help ensure accuracy, compliance, and transparency across pre-sale, post-sale, and deep-dive reviews for both newly originated and seasoned asset pools. Our unmatched scale ensures best-in-class delivery timelines, regardless of portfolio size or complexity, and our global workforce can be integrated directly into a client’s existing operational framework or deployed independently to preserve third-party objectivity. We offer seamless data delivery via API, and our extensive client base, industry-standard reporting, and established reputation help accelerate execution and support reliance letter issuance.

To learn more about SitusAMC’s offering, visit https://www.situsamc.com/residential-diligence-QC

About SitusAMC

SitusAMC is a leading independent provider of strategic outsourcing, advisory, talent, and technology solutions to the commercial and residential real estate finance industries. The company helps clients identify and capture opportunities in their real estate businesses through industry-leading solutions that drive operational efficiency, increase business effectiveness, and improve market agility across the entire lifecycle of their global real estate activity. For more information visit www.SitusAMC.com

Sources

Loan Review Volume: Based on SitusAMC’s internal tracking

Securitization Market Share: Based on SitusAMC’s tracking of 15E filings in support of residential mortgage securitizations.

Press Contact:
Andy Garrett
Head of Marketing & Communications
andygarrett@situsamc.com

View original content:https://www.prnewswire.com/news-releases/situsamc-leads-the-industry-in-residential-mortgage-due-diligence-in-2025-302754424.html

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Chef Robotics Physical AI Models Can Now Automate Baked Goods Packing

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SAN FRANCISCO, April 29, 2026 /PRNewswire/ — Chef Robotics, a leader in physical AI for the food industry, today announced that Chef robots can now automate tray assembly for baked goods packing. The application places baked products, such as burger buns, chocolate chip cookies, biscotti, butter cookies, biscuits, fortune cookies, granola bars, rusks, and shortbreads into trays and packaging containers before sealing.

Watch Chef robots in action.

Baked goods packing has historically been difficult to automate for high-mix production. Each item behaves differently on the production line—a granola bar compresses under the wrong grip, while a biscotti or rusk can crack if placed at the wrong angle. Surface textures range from glazed and smooth to crumbly and irregular, and strict presentation requirements leave little room for error. This variability has made it challenging for automation systems to reliably handle baked goods at production speeds, leaving food manufacturers dependent on manual labor and traditional bakery equipment.

To address this, Chef built its baked goods packing application on its existing piece-picking capability, which uses Chef’s AI-powered computer vision and physical AI models trained across diverse real-world production environments. This allows Chef robots to assess each item’s position, shape, and orientation in real time and determine how to pick the items from the pan and place them quickly and precisely without damaging them.

The baked goods packing application supports four distinct placement capabilities.

First, Chef’s vision system detects the angle at which each item sits in the pan and reorients it after picking, placing it on the tray at the exact angle required, regardless of its original position, enabling retail-ready presentation for SKUs that require precise angular placement.

Second, Chef robots can place multiple baked goods into the same packaging container in a single automated pass, completing full tray assembly without manual intervention.

Third, for packaging containers with multiple small compartments, Chef robots can precisely place items into each designated section, including multiple items in the same compartment, using Chef’s AI vision model to detect compartment positions and orientations in real time.

Fourth, Chef’s vision system identifies the exact center of each tray and places every item at a predefined offset from that center, ensuring a uniform, consistent arrangement across every pack regardless of how trays arrive on the conveyor.

For food manufacturers evaluating bakery systems and baked goods packaging automation, the application offers higher throughput, reduced labor dependency, and consistent presentation across shifts. The capability runs on Chef’s existing robotic hardware and software, allowing manufacturers to deploy it without requiring any changes to their production lines.

Chef’s baked goods packing application is available in the U.S., Canada, Germany, and the UK and is included as part of Chef’s robotics-as-a-service (RaaS) pricing model.

About Chef Robotics
Chef is the first company to have commercialized a scalable AI-driven food robotics solution. With over 104 million servings made in production, Chef leverages ChefOS, an AI platform for food manipulation, to offer a Robotics-as-a-Service solution that helps industry-leading food companies increase production volume and meet demand. Headquartered in San Francisco, CA, Chef aims to empower humans to do what humans do best by accelerating the advent of intelligent machines. Visit https://chefrobotics.ai to learn more.

View original content:https://www.prnewswire.com/news-releases/chef-robotics-physical-ai-models-can-now-automate-baked-goods-packing-302756923.html

SOURCE Chef Robotics

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Chef Robotics Physical AI Models Can Now Automate Baked Goods Packing

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SAN FRANCISCO, April 29, 2026 /PRNewswire/ — Chef Robotics, a leader in physical AI for the food industry, today announced that Chef robots can now automate tray assembly for baked goods packing. The application places baked products, such as burger buns, chocolate chip cookies, biscotti, butter cookies, biscuits, fortune cookies, granola bars, rusks, and shortbreads into trays and packaging containers before sealing.

Watch Chef robots in action.

Baked goods packing has historically been difficult to automate for high-mix production. Each item behaves differently on the production line—a granola bar compresses under the wrong grip, while a biscotti or rusk can crack if placed at the wrong angle. Surface textures range from glazed and smooth to crumbly and irregular, and strict presentation requirements leave little room for error. This variability has made it challenging for automation systems to reliably handle baked goods at production speeds, leaving food manufacturers dependent on manual labor and traditional bakery equipment.

To address this, Chef built its baked goods packing application on its existing piece-picking capability, which uses Chef’s AI-powered computer vision and physical AI models trained across diverse real-world production environments. This allows Chef robots to assess each item’s position, shape, and orientation in real time and determine how to pick the items from the pan and place them quickly and precisely without damaging them.

The baked goods packing application supports four distinct placement capabilities.

First, Chef’s vision system detects the angle at which each item sits in the pan and reorients it after picking, placing it on the tray at the exact angle required, regardless of its original position, enabling retail-ready presentation for SKUs that require precise angular placement.

Second, Chef robots can place multiple baked goods into the same packaging container in a single automated pass, completing full tray assembly without manual intervention.

Third, for packaging containers with multiple small compartments, Chef robots can precisely place items into each designated section, including multiple items in the same compartment, using Chef’s AI vision model to detect compartment positions and orientations in real time.

Fourth, Chef’s vision system identifies the exact center of each tray and places every item at a predefined offset from that center, ensuring a uniform, consistent arrangement across every pack regardless of how trays arrive on the conveyor.

For food manufacturers evaluating bakery systems and baked goods packaging automation, the application offers higher throughput, reduced labor dependency, and consistent presentation across shifts. The capability runs on Chef’s existing robotic hardware and software, allowing manufacturers to deploy it without requiring any changes to their production lines.

Chef’s baked goods packing application is available in the U.S., Canada, Germany, and the UK and is included as part of Chef’s robotics-as-a-service (RaaS) pricing model.

About Chef Robotics
Chef is the first company to have commercialized a scalable AI-driven food robotics solution. With over 104 million servings made in production, Chef leverages ChefOS, an AI platform for food manipulation, to offer a Robotics-as-a-Service solution that helps industry-leading food companies increase production volume and meet demand. Headquartered in San Francisco, CA, Chef aims to empower humans to do what humans do best by accelerating the advent of intelligent machines. Visit https://chefrobotics.ai to learn more.

View original content:https://www.prnewswire.com/news-releases/chef-robotics-physical-ai-models-can-now-automate-baked-goods-packing-302756923.html

SOURCE Chef Robotics

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Air Products to Expand Industrial Gas Supply for Samsung Electronics’ Next-Generation Semiconductor Fab in South Korea

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New investment underscores the company’s long-term commitment to Korea and its leading role in the global semiconductor industry 

LEHIGH VALLEY, Pa., April 29, 2026 /PRNewswire/ — Air Products (NYSE:APD), a world-leading industrial gases company and serving Samsung globally, today announced it has been selected by Samsung to supply industrial gases for its new advanced semiconductor fab in Pyeongtaek, Gyeonggi Province, South Korea.

Under the agreement, Air Products will build, own and operate multiple state-of-the-art production facilities and a bulk specialty gas supply system to supply nitrogen, oxygen, argon, and hydrogen for Samsung’s new semiconductor fab. The new facilities are expected to come onstream in multiple phases from 2028 through 2030.

Air Products has a long track record of executing multiple phase expansions in Pyeongtaek to support Samsung’s growing manufacturing needs. This latest project represents Air Products’ largest investment to date in the semiconductor industry and will establish Pyeongtaek as the company’s single largest operations site globally supporting the electronics industry. 

“Air Products is honored to be selected once again by Samsung and to have their continued confidence as a trusted partner supporting their strategic growth plans,” said SR Kim, President, Air Products Korea. “This significant investment reinforces Air Products’ role as a leading global supplier to the semiconductor industry and underscores our long-standing commitment to supporting our strategic customers with safety, reliability, efficiency and excellent service.”

Air Products has served the global electronics industry for more than 40 years, supplying industrial gases safely and reliably to many of the world’s leading technology companies. The company has operated in Korea for more than 50 years and has established a strong position in electronics and manufacturing sectors.

About Air Products

Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 85 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global supplier of hydrogen, Air Products also develops, engineers, builds, owns and operates some of the world’s largest clean hydrogen projects, supporting the transition to low- and zero-carbon energy in the industrial and heavy-duty transportation sectors. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally.

Air Products had fiscal 2025 sales of $12 billion from operations in approximately 50 countries. For more information, visit airproducts.com or follow us on LinkedInXFacebook or Instagram.

This release contains “forward-looking statements” within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including the risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025 and other factors disclosed in our filings with the Securities and Exchange Commission. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.

View original content to download multimedia:https://www.prnewswire.com/news-releases/air-products-to-expand-industrial-gas-supply-for-samsung-electronics-next-generation-semiconductor-fab-in-south-korea-302757497.html

SOURCE Air Products

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