Chicago, IL (PRWEB) September 11, 2008
Industry, Academic and Government Thought Leaders to Headline Center for Research in Security Prices Forum 2008 in Chicago:
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Penetration in Developing Regions Is Key to Securities Market Growth, According to a New Report by Global Industry Analysts
San Jose, CA (PRWEB) September 16, 2008
The securities industry is extremely competitive and cyclical in nature, resulting in extensive revenue fluctuations for the securities firms. The crucial income source for security firms is brokerage earnings, and profits of these companies move in tune with transaction volumes in major stock exchanges. Trading volumes in stock exchanges depend on many factors, including investor confidence, corporate earnings, economic scenario, capital flow, political stability and strength of the capital markets. Security companies emphasized on value added services, including agency services for mutual funds and unit trusts in an effort to withstand market fluctuations, control operational costs and spread out the income sources. Global market for securities is fostered by developing regions including Asia, Middle East, Latin America and Eastern Europe. Major financial institutions including banks are using securitization, in particular, hedge funds and specialist ABS funds, as the preferred forms of funding, thus driving up the total securitization sector.
Mortgage-Backed Securities (MBS) market is growing rapidly with rise in bond issuance on an annual basis. Major types of MBS include collateralized mortgage obligations, and agency and non-agency pass-throughs. Noteworthy factors driving growth in MBS market include rise in cash-out refinancing, issuance of non-agency residential mortgage-backed securities and change of adjustable rate mortgage to fixed rate mortgages. Future growth in the MBS market would largely be driven by the demand for housing and auto loans and issuance of commercial mortgage-backed securities supported by rise in leasing and occupancy rate, low level of unemployment, and rise in corporate profits.
Global Collateralized Debt Obligation (CDO) market experienced a rapid market expansion in line with rise in issuance of CDO securities. Both hybrid and cash flow CDOs dominate the global CDO sector, followed by synthetic funded and market value. In terms of issuance, arbitrage CDOs dominates the CDO market with nearly 90% share and balance sheet CDOs accounts for the remaining share of the market. CDO sector is supported by Structured Finance Collateral (SSF) group that includes various types of collateral such as Residential Mortgage-Backed Securities (RMBS), Collateralized Mortgage Obligations (CMOs), Asset-backed securities (ABS), Commercial Mortgage-Backed Securities (CMBS) and CDS.
Players operating in the securities market are subject to various factors undermining growth such as the upcoming substitute trading venues with greater capability; the aspirations nurtured by buy-side firms to attain higher anonymity by decreasing the trading costs, the increased activism of institutional investors. Facing pressures from private label securities, players also find themselves fiercely competing on price.
The report titled “Securities: A Global Outlook” provides a collection of statistical anecdotes, market briefs, and concise summaries of research findings. The report provides a bird’s eye view of the industry, and a rudimentary review of select securities industry services. The report also briefly recapitulates recent mergers, acquisitions, and corporate developments. The US market is quantitatively discussed with 21 information rich tables giving the reader a strong macro level understanding of the market. Stock Market Performance, Outstanding Bond Market Debt by category, Corporate Debt Outstanding by Financial Sector, and Asset Backed Securities Outstanding by Credit Type, represent few of the parameters analyzed. Also included is an indexed, easy-to-refer, fact-finder directory listing the addresses, and contact details of 450 companies worldwide.
For more details about this research report, please visit
http://www.strategyr.com/Securities_Industry_Market_Report.asp
About Global Industry Analysts, Inc.
Global Industry Analysts, Inc., (GIA) is a reputed publisher of off-the-shelf market research. Founded in 1987, the company is globally recognized as one of the world’s largest market research publishers. The company employs more than 700 people worldwide and publishes more than 880 full-scale research reports each year. Additionally, the company also offers a range of more than 60,000 smaller research products including company reports, market trend reports and industry reports encompassing all major industries worldwide.
Global Industry Analysts, Inc.
Telephone 408-528-9966
Fax 408-528-9977
Email press @ StrategyR.com
Web Site http://www.StrategyR.com
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Related Securitization Press Releases
RTC Oversight Board President and Senior Vice President, Peter Monroe and Lloyd Chaisson, Issued the Following Statement Today
Tampa, FL (PRWEB) September 23, 2008
“The RTC (Resolution Trust Corporation) was created in 1989 by Congress as a federal agency to close failed Savings and Loan Associations and sell their assets at the highest value. Proceeds from sales were used, along with Congressional appropriations to pay all obligations to federally insured depositors Thousands of Savings and Loan (S & L) executives and directors were convicted. No S & L shareholder received a penny of taxpayer dollars. Innovative techniques such as the securitization of commercial mortgages were created to achieve the highest “net present value” for all assets sold. RTC was never a “bailout” in the sense of going beyond explicit federal guarantees. When the job was done, the RTC closed its doors–forever.
In 1993, it was thought that higher capital standards for all financial institutions, tighter asset appraisals and the experience of the S&L crisis itself would help prevent a reoccurrence of a financial crisis caused by mortgage defaults. Now we find ourselves, yet again, mired in a mortgage-driven crisis. However this one, if not soundly managed, could saddle future generations with unprecedented debt.
We offer this discussion of “lessons learned” from our RTC Oversight Board leadership roles in the spirit of “those who do not understand history are doomed to repeat it”. At the same time, much of the work of the RTC should be repeated. We caution officials not to act so precipitously as to replace the last 20 years of government paralysis with panic. Notwithstanding the extreme nature of the current financial crisis, “doing it right” is the most important thing that can be done. If Treasury and Congress get this wrong because of unbridled haste to “do something”, the implications are far more serious than anyone can imagine. It will take years to unwind any poor decision making.
We believe that the following ten principles must guide the current federal response:
1)
Structured Settlement Sale Prevents Home Foreclosure in Florida, According to J.G. Wentworth
BRYN MAWR, Pa. (PRWEB) September 24, 2008
Commenting on the increase, Randy Parker director of quality assurance for J.G. Wentworth, noted that among the higher volume of transactions are a larger number of cases where the seller is trying to overcome some form of financial distress which was not contemplated at the time they settled their lawsuit including the possible loss of their home through foreclosure.
According to Mr. Parker, “Our client Janine D. living in Sarasota offers a typical example of some of the financial distress we are now seeing. Sudden and persistent illness undermined Janine’s ability to maintain her income. She had few other assets other than her settlement payments, but these were inadequate for the circumstances she found herself in.”
Janine D. said, “I have been unable to work due to an illness for the past 21 months and the bills were piling up. I had nowhere to turn to and could not find a job due to the constant in-and-out hospital visits.”
Through J.G. Wentworth, Janine D. was able to sell a portion of her regular monthly payments for 4 years in exchange for $ 16,000 in cash.
“J.G. Wentworth was fantastic about getting me money from my annuity to bring me out of the financial hole and keep our home from being taken away,” she said. “You helped keep the roof over my child’s head. I am forever grateful. Thank you.”
Parker noted that not all clients are facing some form of financial distress. “Many clients simply find it more convenient to get all of their money at one time, rather than waiting several years.”
About the J.G. Wentworth family of companies
J.G. Wentworth, Inc., based in Bryn Mawr, PA, is the nation’s oldest, largest and most respected buyer of deferred payments for illiquid financial assets like structured settlements, annuities and, through dedicated subsidiaries, life insurance policies. Since 1992, J.G. Wentworth has purchased over $ 3 billion of future payment obligations from consumers and is also the nation’s largest securitizer of structured settlement and annuity backed notes. The company’s notes are rated AAA by Standard & Poor’s Corporation.
For more information about J.G. Wentworth, go to http://www.jgwentworth.com.
EquityBuild Announces Plan For Time Expiring “GO Zone” Tax Incentives
Torrance, CA (PRWEB) September 25, 2008
Florida-based EquityBuild is a real estate investment company that is offering investors a plan to take advantage a special government tax shelter program that runs out at the end of 2008.
With the passage of the Katrina Emergency Tax Relief Aid of 2005 and the Gulf Opportunity (GO) Zone Act of 2005, Uncle Sam extended a golden opportunity to shelter up to $ 25,000 of taxable income through a generous 50% first-year depreciation deduction for residential rental property located in areas impacted by the 2005 hurricane season.
This is in addition to the normal straight-line depreciation deduction. To top it off, the allowance is deductible even against the alternative minimum tax. It doesn’t get any better than that.
But it can get worse. Congress gave this jewel-of-a-tax break a short shelf-life, setting a sunset date of December 31, 2008. “A turnkey program makes participation in the benefits of income property ownership very easy for a person like me who does not have a tremendous amount of expertise in the field,” says Ramon Blanco, a network systems analyst living in Naples, Florida. “By taking advantage of that 50% depreciation bonus, I figure we can probably save ourselves about $ 15,000 in income taxes this year.”
“I’m already reaping significant tax benefits, realizing savings both last year and this year,” says David Wilson, who resides in Charlotte, North Carolina and works in the information technology industry. “This tax savings is a very key element of the business model for the equity-building program I’m involved with.”
Turnkey specialists facilitate the tax savings
The program Wilson refers to is southwest Florida-based EquityBuild, Inc. Founded and managed by real estate investor Jerry Cohen. Having handled more than 1000 transactions within his 25 years in real estate, Cohen perfected a proprietary econometric model that identifies undervalued and outperforming markets. His EquityBuild program is one of the first and largest of its kind to link individual investors with qualifying homes in the GO Zone. As few investors have the time to hop a plane to the Gulf coast, negotiate a house purchase, renovate it and lease it before December 31, a program such as this succeeds by quickly handling all aspects of the process, from soup to nuts.
“The fact that they take care of the details is really wonderful, making it very easy to invest,” says Sue Horowitz of Naples, Florida. “As a real estate agent, I’ve done property management before, and have been involved with other investments that were horrendous. But with a program like EquityBuild I never have to worry about anything. They handle it for me.”
Of course, the foundation for succeeding with any real estate investment involves identifying the ideal community in which to invest. Any of 91 counties within the three state area will qualify for the 50% depreciation allowance, but hooking up with one that represents a good long-term investment vehicle with potential appreciation and a good income stream demands a higher level of due diligence.
In the case of EquityBuild, Cohen targeted Jackson, Mississippi as the bull’s-eye for investment success–for good reason. In 2006, Partners for Livable Communities identified Jackson as one of America’s “Top 30” communities in which to live. Considering economics only, the 2000 census pegged the median single-family home price in Jackson at $ 64,400, making it the ninth most undervalued metro region in the U.S. According to a March 2007 housing valuation report by National City Corporation, Jackson ranked in the top three percent of 317 metro areas for housing affordability.
By collecting the rents and maintaining the properties long after the initial lease is signed, these programs encourage investors to hang in for the long run. Flipping is discouraged in favor of traditional value-based cash-flow real estate investing that possesses the potential for appreciation. The fact that the investor actually holds title to each property–as opposed to a securitized interest in a pool of homes–also serves to foster a sense of ownership for the duration.
If Jackson’s appeal as a sure-fire income property location offers reason enough to invest there; the generous depreciation allowance acts as icing on the cake. To ensure that the maximum tax benefits accrue to the investor, these turnkey programs provide all the accounting information necessary to cash in on this once-in-a-lifetime tax windfall. Those who require even more assurance that every move complies with IRS regulations are usually referred to qualified CPAs who specialize in the GO Zone depreciation allowance.
“I own seven houses right now, most in Jackson, Mississippi, continues Wilson. “These tax benefits are pretty aggressive, so it’s kind of refreshing to have someone guide you. The house selection, the property management, the tax advice; all those elements are steered by EquityBuild. You only have to get a little involved in financing and signing documents, but otherwise it’s pretty hands-off.”
A Real Estate Investor wishing to take the IRS up on its offer needs to act fast.
For more information, contact EquityBuild, Inc. at (800) 261-0648 or visit http://www.equitybuild.com
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Bill Glynn Releases His Most Controversial Ideas in a New 40 Page Booklet I.O.U.S.A. NOT! USA Owes US!
Nashville, TN (PRWEB) October 7, 2008
Bill Glynn, controversial author of “Left on Red,” ranked one of the top 15 innovators in the world, takes on economic and social issues looming over America and the world economy and offers simple to understand explanations and solutions for our woes. He has appeared with Fox Business network anchor Neil Cavuto, is a regular guest on over 80 radio stations and broadcast networks nationwide and has joined leaders including Hugh Hewitt, Rita Cosby, Ross Perot and many others in presenting his solutions on the failing economy.
A movie and short book – I.O.U.S.A.- recently examined the spiraling national debt and economic decay presenting the facts and interviews from America’s most successful and brightest executives including Alan Greenspan. The U.S., burdened now with $ 10 trillion in debt, is on the verge of bankruptcy and I.O.U.S.A. painted a grave picture of these facts. Bill Glynn believes we are owed answers and solutions to protect our way of life. In fact, he is often quoted saying:
“If America were a company, and we should be viewed as such as a Capitalist Nation, our Board of Directors and Management would be fired and in Jail.”
As a shareholder of this nation demanding solutions to America’s problems, Bill Glynn has written I.O.U.S.A. NOT! – USA Owes US. The document is 40 pages and free to download at http://www.billglynn.net . He addresses eleven sore subjects (only a few of many) that America must overcome in order to keep our society and way of life going. In the first chapter, The Silver Bullet, he outlines a variety of ways we can move forward to solve some the present economic woes and the many issues facing our country.
According to Bill Glynn, if we allow the government to do more of the same, we will lose international confidence and will be cut off from those nations buying our debt that are keeping the USA from bankruptcy right now. As bleak as all this sounds, Glynn says his solutions are simple and attack the very cancer that is crippling our nation economically and socially. According to Glynn, his pioneering 10% solution to eradicate the U.S. deficit is among the most noted across the country. Glynn continues by saying, if you plan to vote for McCain and Palin or Obama and Biden this hand guide will wake you up and provide education and insight on issues everyone should understand going into one of the most important elections in our lifetime.
About Bill Glynn
Bill Glynn is a successful entrepreneur, author of Left on Red (Wiley & Sons) and voted one of the world’s top 15 innovators by Information week. He advises leaders of over 20 global 1000 companies, is an influential insider in music and film entertainment and manages, advises various venture funds and businesses he has founded, incubated or facilitated. He is credited with helping Chat and Instant Messaging become pervasive across the Web, the creation of landscaping appraising and insurance underwriting for landscaping, foundation work in securitizing private equity through the collateralized private equity obligation among many more. He has raised over $ 1 billion for the funds and private ventures he has helped create and advised. He serves the leadership of London’s Royal Institution’s World Science Assembly and the East West Institute where he focuses on the weaponization of science and harmonizing humanity among the major faiths on earth.
Bill Glynn helped build Southeast Interactive Tech Funds and was an early investor in How Stuff Works; Arsenal Digital, Opensite, Instant Messaging (IM) and Chat; Tom Clancy Red Storm Entertainment, HAHT Commerce, Interactive Magic, he is the founder of Collective IQ, Money Grows on Trees, Horticultural Asset Management, Pearl Street Capital and works as a corporate venture and development advisor for Molson Coors, Xcel Energy, Fujitsu, Global Exchange, Wrigley, Teradata, Western Union, First Data, SAS, Alticor, Amway, Legendary Pictures, Provident Music, Landis Entertainment, CCLI, The Strategic Venture Association, The Gulf Venture Association, The Briner Institute, East West Institute, The Royal Institution in London among others.
Bill Glynn
http://www.billglynn.net
info@collectiveiq.com
Media Contact
Sandy Frazier
(516) 735-5468
sandy@mystic-art.com
http://www.SandyPR.com
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The Lifeline Program
ATLANTA (PRWEB) October 14, 2008
The industry’s overall growth is also garnering attention, according to Wm. Scott Page, president and CEO of The Lifeline Program. Last week, the size of the industry was reported to have doubled in 2007 to $ 12 billion in face value of life insurance policies sold.
“As financial conventions fall by the wayside, the life settlement industry looks more attractive than ever,” said Wm. Scott Page, president and CEO of The Lifeline Program. “We believe that major financial institutions will soon begin taking a harder look at this industry, and we believe our company is well-positioned. To that end, we are seeking serious financing relationships to help capitalize on the business potential.”
According to Page, life settlements are gaining momentum for the following reasons:
Non-correlated assets can generate an attractive yield. The markets have little effect on life settlement yields. One of the key aspects of a life settlement is that the investor earns a payout on the demise of the policyholder. The strength or weakness of the stock market does not impact the life settlement arena. Life settlement assets are backed by highly rated financial institutions. Life settlements are performed on policies held by carriers with A.M. Best ratings of “A” or better, so the payouts are regulated and solid. Trading platforms exist. Several “household name” institutions have developed or are developing platforms to trade life settlement policies and portfolios. Securitization is on the horizon. Though it may not be this year, securitization is definitely in the future for life settlements. Portfolio analysis comprising the past several years proves that life settlement portfolios will perform predictably and generate consistent cash flow. Third party tracking, servicing and underwriting simplify the investment. In a sign of a maturing industry, life settlements are not necessarily managed by one-stop shops anymore. The size and scope has made it profitable for third party companies to manage tracking, servicing and some underwriting, thus easing entry by financial players. “For years we have said that life settlements are a safe haven during times of market uncertainty,” said Page. “The potential for our industry has never been greater.”
The Lifeline Program, based in Atlanta, Ga., is a division of Wm. Page & Associates, Inc. Founded in 1989, the company actively partners with insurance agencies and broker dealers to establish profitable and ongoing life settlement business lines. For more information on life settlements, contact Wm. Page of The Lifeline Program at 770-724-7300 or visit http://www.thelifeline.com.
Seven Shareholders from Kozyak Tropin & Throckmorton are Recognized in Best Lawyers in America 2009
Miami, FL (PRWEB) October 20, 2008
Kozyak Tropin & Throckmorton, P.A. announces that the 2009 edition of The Best Lawyers in America has selected 7 of its members for inclusion in its annual legal guide. Harley Tropin and John Kozyak received the highest honor of the publication by being identified as Bet-the-Company Litigators.
Corali Lopez-Castro, John Kozyak, David L. Rosendorf, and Charles Throckmorton are listed in the Bankruptcy and Creditor-Debtor Rights Law category. Kenneth Hartmann and Gail McQuilkin were selected in the Intellectual Property Law category. Harley Tropin was selected in the Commercial Litigation category. John Kozyak and Cori Lopez-Castro are also recognized as top Commercial Litigators.
Best Lawyers is based on an exhaustive and rigorous peer-review survey comprising more than 2.5 million confidential evaluations by the top attorneys in the country. The American Lawyer describes the Best Lawyers listing as “the most respected list of attorneys in practice.”
Kozyak Tropin & Throckmorton is an AV Rated law firm located in Miami, Florida. The 22 lawyer firm handles complex commercial litigation and corporate bankruptcies. It represents clients in health care, contract, tort, securities fraud, professional malpractice, intellectual property, unfair competition, employment disputes, antitrust matters, and class action litigation and defense. In bankruptcy matters, it represents corporate debtors, individual debtors, bankruptcy committees, indentured trustees, special servicers of securitized loans, secured creditors, unsecured creditors, bankruptcy trustees, bankruptcy receivers, assignees for benefit of creditors, landlords, tenants, shareholder, and asset purchasers.
For more information about Kozyak Tropin & Throckmorton please visit the website http://www.kttlaw.com/ or call (305)372-1800.
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New Reporting Tool from Realogic Analytics Streamlines Analysis, Lending and Securitization of Commercial Real Estate
Chicago, IL (PRWEB) October 23, 2008
Recently released Realogic Tools from real estate consultant and software developer Realogic Analytics gives commercial real estate owners, buyers, and lenders an additional instrument for analyzing and managing assets.
Realogic Tools merges the wealth of Argus data with the power and ease of Excel, seamlessly extracting Argus data into an Excel-based reporting and calculation engine. This allows for comprehensive analysis, valuation, lending and securitization of commercial real estate.
By combining the functions of both Argus and Excel, Realogic Tools makes critical information available immediately to buyers, lenders, asset managers, and acquisition teams so properties can be quickly analyzed and valuated.
Some key features include:
XBOSoft Provides Timely Software Testing Support for Adra Match’s Unique Accounting Software Architecture
(PRWEB) October 25, 2008
Bjorn Loe, the CTO of Adra Match, remarked, “We had a quick evaluation of the test project last week and the feedback was very positive!” Bjorn added, “The key to any software application is to have the interface offer the flexibility that will drive fast and accurate results. XBOSoft enables us to achieve these broad-based goals faster than any of our immediate competitors”.
Philip Lew, CEO of XBOSoft, stated, “Our relationship with Norwegian firms has grown by leaps and bounds this year by providing specialized software testing services that deliver better securitization, increased functionality and stability of our clients’ unique applications”.
About XBOSoft:
XBOSoft, Beijing-based with a U.S. management team, is a full-service software testing firm serving both U.S. and European markets. It delivers manual and automated test execution across multiple hardware platforms, languages, operating systems, databases, application servers and client browsers. XBOSoft leverages its XBO1 proprietary automation methodologies to identify bugs early and significantly decrease overall software development lifecycle time, cost and end-user dissatisfaction. The firm’s online client collaboration tools enable clients to securely access their project progress 24/7. XBOSoft offers a unique, low-risk entry to software testing with its limited engagement Quick Release program, one of the company’s fastest growing products.
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