Tag Archives: Alliance

S&P and Veros Announce Strategic Alliance to Improve RMBS Transparency and Disclosure

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New York, NY (PRWEB) October 29, 2009

Standard & Poor’s Fixed Income Risk Management Services (FIRMS), an analytics and research unit separate from S&P’s ratings business, that delivers solutions to help investors perform greater analysis on the financial instruments in their portfolios, and Veros Real Estate Solutions, a leading provider of model-driven valuations on real property, today announced a strategic alliance aimed at providing the market with property valuation information specific to loans underlying residential mortgage-backed securities (RMBS).

Fully understanding the loan-to-value ratio (LTV) of an underlying mortgage is one of the greatest challenges financial professionals face when they analyze mortgages and RMBS. Through this alliance, investors will have direct access to S&P loan level information as well as a wide range of collateral valuation data from Veros including current property value estimates, combined loan to value ratios and home price forecasts.

“The goal of this alliance is to provide RMBS investors worldwide greater clarity, transparency, and analytical capabilities when assessing the risk of their US RMBS holdings and their collateral” said David Goldstein, Managing Director at Standard & Poor’s FIRMS. “This alliance is one more step toward improving the disclosure of information on collateral underlying RMBS, and refining the quality and integrity of information available to investors. The first stage in this strategic alliance will be to offer Veros loan level property information along with Standard & Poor’s Global Data Solutions –U.S. RMBS Edition.”

“Veros is very excited to be an integral part of Standard & Poor’s efforts to provide greater loan level analytics to the non-agency market,” said Darius Bozorgi, President and CEO of Veros. “The combination of Standard & Poor’s FIRMS RMBS loan level data and analytics along with Veros’ insightful property valuation data sets provides an unmatched unique offering for investors.”

About Standard & Poor’s Fixed Income Risk Management Services:

Standard & Poor’s Fixed Income Risk Management Services delivers a portfolio of products and services to investors that serve the global financial markets by providing market intelligence and analytic insight for risk driven investment analysis, including for the debt, structured finance, derivative and credit markets. Standard & Poor’s Fixed Income Risk Management Services are performed separately from any other analytic activity of Standard & Poor’s. The unit has no access to non- public information received by other units of Standard & Poor’s. Standard & Poor’s does not trade on its own account.

About Standard & Poor’s:

Standard & Poor’s, a subsidiary of The McGraw-Hill Companies (NYSE:MHP), is the world’s foremost provider of independent credit ratings, indices, risk evaluation, investment research and data. With offices in 23 countries and markets, Standard & Poor’s is an essential part of the world’s financial infrastructure and has played a leading role for more than 140 years in providing investors with the independent benchmarks they need to feel more confident about their investment and financial decisions. For more information, visit http://www.standardandpoors.com.

About Veros Real Estate Solutions:

Veros Real Estate Solutions, a proven leader in enterprise risk management and collateral valuation services, uniquely combines the power of predictive technology, data analytics and industry expertise to deliver advanced automated decisioning solutions. Veros products and services, integrated into industry leading companies, are now optimizing millions of profitable decisions throughout the mortgage industry from loan origination through servicing and securitization. Veros provides solutions to control risk and increase profits including automated valuations, fraud and risk detection, portfolio analysis, forecasting, and next-generation collateral risk management platforms. Veros is headquartered in Santa Ana, Calif. For more information, visit http://www.veros.com or call Veros at (714) 415-6300.

Media Contact:

Michael Privitera

Standard & Poor’s Communications

212-438-6679

michael_privitera (at) standardandpoors.com

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Patton Boggs and The Collingwood Group Form Strategic Business Alliance

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Washington, DC (PRWEB) April 29, 2011

Patton Boggs LLP is pleased to announce today the formation of an innovative teaming arrangement with The Collingwood Group, LLC. The arrangement combines the strength of one of the nations premier law firms with one of the top business advisory groups in the financial services industry.

Patton Boggs expertise on legal, regulatory and policy issues facing the mortgage banking industry will be further enhanced by The Collingwood Groups ability to assist clients in defining their business goals and identifying ways to strategically implement them. By leveraging the resources of both firms, clients will have access to a more complete solution to their industry-related needs. In working together, Patton Boggs and The Collingwood Group will provide clients with an unprecedented approach to navigating through industry hurdles, on both the legal and operational fronts. Patton Boggs and The Collingwood Group will also collaborate regularly on client-focused written materials, events and media outreach.

Patton Boggs continues to be at the forefront of regulatory changes impacting the mortgage banking industry, including Dodd-Frank and other major rulemaking efforts by the Fed, HUD and the Consumer Financial Protection Bureau, as well as efforts by state and federal regulatory agencies to reshape the industry through enforcement action. The firms arrangement with The Collingwood Group is yet another way Patton Boggs can add value and efficiencies to the services were providing our clients, says Edward J. Newberry, managing partner.

Patton Boggs Mortgage Banking Group, which is led by Partners Richard Andreano, John Socknat and Michael Waldron, will spearhead the teaming arrangement on behalf of the firm and in doing so, will work with The Collingwood Groups leadership, which includes Joe Murin, former President and CEO of Ginnie Mae, and Brian Montgomery, former Assistant Secretary for Housing and Federal Housing Commissioner. Mr. Murin and Mr. Montgomery both played major roles in the federal governments efforts to address the nations financial crisis and restore stability and liquidity to financial markets, and they remain in the spotlight due to their efforts at The Collingwood Group.

Were delighted about the formation of this teaming arrangement with Patton Boggs. This collaborative effort represents the first of its kind in the mortgage banking industry, bringing together thought leaders on housing and real estate finance with leading legal minds that specialize in these areas. This collaboration will enable us to bring highly focused expertise to our respective clients that relate to legal and regulatory compliance within the mortgage banking and real estate finance industries, says Chairman Joe Murin. Collingwood Partner Brian Montgomery agrees, saying The Collingwood Group is pleased to be joining forces with a well-regarded firm such as Patton Boggs. With Patton Boggs legal proficiency and Collingwoods expertise in both the public and private sector mortgage and financial service industries, there now exists a new and exciting opportunity for both our organizations and most importantly for our clients.

The teaming framework between the two firms will allow both to pursue, wherever appropriate, joint projects where the talents of both firms can be employed to meet potential client needs. Each firm will remain independent of the other.

About Patton Boggs LLP Based in Washington, DC, Patton Boggs is a leader in public policy, litigation and business law, and is well known for its deep bipartisan roots in the U.S. political arena. The firms core practice areas are Public Policy and Regulatory, Litigation, Business and Intellectual Property. With offices in New York, New Jersey, Dallas, Denver, Anchorage, Northern Virginia and internationally in Doha, Qatar and Abu Dhabi, United Arab Emirates, more than 600 lawyers and professionals provide comprehensive, practical and cost-effective legal counsel to clients around the globe. For more information, visit us at http://www.pattonboggs.com.

About The Collingwood Group, LLC

The Collingwood Group is a Washington, DC-based advisory firm focused on growing clients businesses, promoting revenue growth and increasing investment returns. The firms expertise spans all aspects of Agency, non- Agency and FHA/VA housing financing programs; Ginnie Mae securitization activities; domestic and international secondary market activities and issues; primary and special servicing; full asset lifecycle vendor and talent management; and all elements of portfolio acquisition, property management and asset disposition. For more information, visit: http://www.collingwoodllc.com.

CONTACT

Edward J. Newberry

202.457.5285

enewberry(at)pattonboggs(dot)com

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The Collingwood Group and Patton Boggs Form Strategic Business Alliance

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Washington, DC (PRWEB) April 29, 2011

The Collingwood Group LLC is pleased to announce today the formation of an innovative teaming arrangement with Patton Boggs LLP. The arrangement combines the strength of one of the nations premier law firms with one of the top business advisory groups in the financial services industry.

Patton Boggs expertise on legal, regulatory and policy issues facing the mortgage banking industry will be further enhanced by The Collingwood Groups ability to assist clients in defining their business goals and identifying ways to strategically implement them. By leveraging the resources of both firms, clients will have access to a more complete solution to their industry-related needs. In working together, Patton Boggs and The Collingwood Group will provide clients with an unprecedented approach to navigating through industry hurdles, on both the legal and operational fronts. Patton Boggs and The Collingwood Group will also collaborate regularly on client-focused written materials, events and media outreach.

Patton Boggs continues to be at the forefront of regulatory changes impacting the mortgage banking industry, including Dodd-Frank and other major rulemaking efforts by the Fed, HUD and the Consumer Financial Protection Bureau, as well as efforts by state and federal regulatory agencies to reshape the industry through enforcement action. The firms arrangement with The Collingwood Group is yet another way Patton Boggs can add value and efficiencies to the services were providing our clients, says Edward J. Newberry, managing partner.

Patton Boggs Mortgage Banking Group, which is led by Partners Richard Andreano, John Socknat and Michael Waldron, will spearhead the teaming arrangement on behalf of the firm and in doing so, will work with The Collingwood Groups leadership, which includes Joe Murin, former President and CEO of Ginnie Mae, and Brian Montgomery, former Assistant Secretary for Housing and Federal Housing Commissioner. Mr. Murin and Mr. Montgomery both played major roles in the federal governments efforts to address the nations financial crisis and restore stability and liquidity to financial markets, and they remain in the spotlight due to their efforts at The Collingwood Group.

Were delighted about the formation of this teaming arrangement with Patton Boggs. This collaborative effort represents the first of its kind in the mortgage banking industry, bringing together thought leaders on housing and real estate finance with leading legal minds that specialize in these areas. This collaboration will enable us to bring highly focused expertise to our respective clients that relate to legal and regulatory compliance within the mortgage banking and real estate finance industries, says Chairman Joe Murin.

Collingwood Partner Brian Montgomery agrees, saying The Collingwood Group is pleased to be joining forces with a well-regarded firm such as Patton Boggs. With Patton Boggs legal proficiency and Collingwoods expertise in both the public and private sector mortgage and financial service industries, there now exists a new and exciting opportunity for both our organizations and most importantly for our clients.

The teaming framework between the two firms will allow both to pursue, wherever appropriate, joint projects where the talents of both firms can be employed to meet potential client needs. Each firm will remain independent of the other.

About The Collingwood Group, LLC

The Collingwood Group is a Washington, DC-based advisory firm focused on growing clients businesses, promoting revenue growth and increasing investment returns. The firms expertise spans all aspects of Agency, non- Agency and FHA/VA housing financing programs; Ginnie Mae securitization activities; domestic and international secondary market activities and issues; primary and special servicing; full asset lifecycle vendor and talent management; and all elements of portfolio acquisition, property management and asset disposition. For more information, visit: http://www.collingwoodllc.com.

About Patton Boggs LLP

Based in Washington, DC, Patton Boggs is a leader in public policy, litigation and business law, and is well known for its deep bipartisan roots in the U.S. political arena. The firms core practice areas are Public Policy and Regulatory, Litigation, Business and Intellectual Property. With offices in New York, New Jersey, Dallas, Denver, Anchorage, Northern Virginia and internationally in Doha, Qatar and Abu Dhabi, United Arab Emirates, more than 600 lawyers and professionals provide comprehensive, practical and cost-effective legal counsel to clients around the globe. For more information, visit us at http://www.pattonboggs.com.

Media Contact:

Debra Kaufmann

The Collingwood Group

202.626.9724

dkaufmann(at)collingwoodllc(dot)com

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SFG Finance Launches Loyalty Program, Forms Alliance with Subprime Analytics

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Arlington, TX (PRWEB) January 30, 2012

SFG Finance, LLC, (http://www.sfgfinance.com), a purchaser of auto paper from Buy Here Pay Here (BHPH) dealers, new car franchise dealers, finance companies, banks and credit unions, today announced the launch of its new loyalty program and the formation of a new alliance with Subprime Analytics, an analytical services leader focusing exclusively on the needs of the large and growing Buy Here, Pay Here industry.

SFG Finance is launching a new loyalty program to help dealers thrive in todays competitive environment by partnering up with premier companies in the industry that are the best at what they do. We feel this program provides a real value-add and are delighted to launch it by forming an alliance with such an industry powerhouse as Subprime Analytics, said SFG Finance C.O.O. Henry Gonzalez.

As part of the new alliance with Subprime Analytics, thousands of dealers will have access to the SFG Finance National Subprime Loan portfolio Program. The program purchases performing vehicle loans, providing needed capital and allowing dealers to achieve greater liquidity in their business ventures. Additionally, sellers of portfolios will gain access to the analytics of the largest BHPH database in the industry, which allows dealers to identify potential underwriting mistakes and be more profitable. A unique benefit of the loyalty program, the first of its kind in the industry, is that SFG will offset the cost of Subprime Analytics services to dealers that sell a minimum of one million dollars to SFG in 2012.

“We are tremendously excited about this new partnership with SFG,” said Ken Shilson, President of Subprime Analytics. “The ability to provide access to a company that specializes in buying BHPH portfolios will be another valuable addition to the array of solutions Subprime Analytics offers its customers,” Shilson continued.

SFG Finance C.O.O. Henry Gonzalez added, “This alliance creates a win-win for both companies, SFG can continue to provide aggressive pricing in the acquisition of portfolios and Subprime Analytics can continue to help BHPH dealers grow their business. Gonzalez went on to say SFG is in the relationship business and we feel by working with Ken and his team we have opened the door to many relationships in the future.

SFG Finance purchases existing near prime, subprime, and BHPH auto loan portfolios from franchised and independent auto dealers, as well as finance companies. Portfolio sizes range from $ 500,000 to $ 150 million, servicing released; all portfolios are held on balance sheet and serviced internally.

The program is highly efficient with a 7-10 day total turnaround from analysis to closing, and will target accounts with as little as 30 day seasoning. Since the inception SFG Finance has actively purchased and closed portfolios from dealers and finance companies in more than 30 states.

Funding is made possible by SFGs parent bank, with the added advantage of no need to securitize plus a more stable cost of funds. SFG Finance offers complete transparency and up-front pricing based on its superior analytics. A due diligence team will evaluate all loans to maximize the selling dealers return without interrupting the dealerships existing business, ensuring a seamless transition.

Dealers can find out more about the program by visiting SFG Finance at booth #3129 at the upcoming NADA & ATD Convention and Expo in Las Vegas, Nevada on February 3-6, 2012. SFG Finance will also be exhibiting at the NABD Dealer Academy May 14th-16th as well as the NABD National Conference May 16th-18th, both to be held at the Venetian Palazzo in Las Vegas, Nevada.

About Subprime Analytics:

Subprime Analytics (http://www.subanalytics.com) provides computerized analysis of subprime portfolios for auto dealers and capital providers nationwide. Its affiliate Profit Max offers web based credit scoring solutions to the subprime industry. For more information visit http://www.subanalytics.com or call 832-767-4759

About SFG Finance

SFG Finances tagline is: Turning Paper into Profit One Relationship at a Time. The company is an active purchaser of auto finance receivables and its executive management team has over 75 years of combined industry experience. It is a wholly owned affiliate of Southside Bank, one of the nations largest independent banks with $ 3.2 Billion in assets. SFG Finance buys BHPH, sub-prime through near prime auto paper, servicing released, from banks, credit unions, auto dealers, and other financial institutions nationwide. The companys aggressive pricing and experience across all credit spectrums make it an industry leader. For more information visit: http://www.sfgfinance.com or call: 866-590-7734.

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Summit Alliance Positive aspects, LLC, and M Reward Remedies Announce Strategic Partnership

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Portland, Ore. (PRWEB) May 21, 2012

M Advantage Answers and Summit Alliance Government Rewards announce the formation of a strategic partnership to offer personalized, turnkey options in the nonqualified, govt rewards, and COLI marketplace. By way of this partnership, Summit Alliance Executive Advantages, with each other with crucial institutional partners, will offer investigation, design and style, and funding solutions to firms nationwide, complementing M Gain Solutions’ decades of experience operating with government gain joint venture partners. M Benefit Remedies is a leading company of technical design and product support, implementation services and coordination, and ongoing compliance and total administrative solutions.

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“For more than thirty several years, M Gain Answers has set the standard in all aspects of nonqualified government reward strategies, like style, installation, funding, securitization, compliance, and administration,” mentioned Michael G. Goldstein, President and CEO of Summit Alliance Government Positive aspects. “They possess the comprehensive depth and breadth of expertise and experience we require to guarantee that we can collectively provide the highest high quality remedies to our customers.”

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Garrett McDaniel, Jr., Summit’s Govt Vice President &amp Director – Institutional Interactions, additional, “When assessing possible partners in this market, we looked intently at every organization’s expertise supporting and partnering with numerous joint ventures with institutional relationships. M Advantage Solutions’ experience and strengths in this spot are extraordinary and stand aside from the relaxation.”

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Donald H. Friedman, President &amp CEO of M Reward Options, commented, “Partnering with Summit Alliance Govt Advantages is an thrilling chance for our company. The mixture of Michael’s complex knowledge and status in the industry, Garrett’s comprehensive expertise cultivating institutional distribution channels and relationships, and the help of their mother or father company, Summit Alliance Financial, improves our capacity to grow access to our ‘best in class’ services.”

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If you have any questions or would like more details, remember to speak to Donald Friedman or Michael Goldstein (make contact with details under).

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About Summit Alliance Government Rewards, LLC&#13

Summit Alliance Government Advantages, LLC operates with all types of organizations throughout the United States – big and modest, general public and private – supplying situational evaluation, layout companies, and ongoing software consultation on nonqualified deferred compensation, fairness-based mostly payment, and other related benefit issues to support businesses develop programs made to appeal to, keep, and reward important administration. Summit Alliance Govt Rewards, LLC is a division of Summit Alliance Fiscal, LLP.

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Summit Alliance Government Rewards, LLC&#13

Michael Goldstein, (949) 760-9098&#thirteen

michael(dot)goldstein(at)summitalliance(dot)web

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About M Advantage Answers&#13

M Reward Remedies is a leader in the layout, implementation, and administration of nonqualified, govt benefit ideas for publicly traded companies, big and mid-size privately held businesses, and monetary establishments. M Benefit Remedies is a wholly-owned subsidiary of M Monetary Group.

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M Reward Answers&#13

Donald Friedman, (503) 414-7600&#13

don(dot)friedman(at)mben(dot)com

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Resource: M Reward Solutions

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