Tag Archives: Announces

KBR Capital Partners Announces Strategic Expansion As Daniel Oschin Joins Executive Leadership

Posted on by


New York, NY (Vocus/PRWEB) February 24, 2011

New York and Palo Alto based KBR Capital Partners, an innovative alternative investments company, has implemented the next phase of its multi-dimensional tactical plan that is methodically designed to take advantage of anomalous opportunities which result from paradigm shifts in the investment landscape. With the addition of Daniel Oschin as Managing Director, KBR has added one of the industry’s most respected, progressive and knowledgeable leaders to its team. Mr. Oschin, a veteran of the securities and commercial real estate industries, will develop new programs and strategies designed to enhance and expand the company’s capital formation platforms and channels, while cultivating pioneering models that will diversify and augment KBRs brand and enterprise.

Mr. Oschin has led a prestigious multifaceted career that includes experience and ownership in development, acquisition, property and asset management, redevelopment, divestment and syndication of more than $ 500 million in commercial property investments. As a leader in the securitized real estate market, he has been instrumental in the development, release, marketing and distribution of more than 100 direct investment offerings, and has also been responsible for equity procurement resulting in more than $ 2 billion in securitized real estate investments. As President-Elect of the Real Estate Investment Securities Association (REISA), a national alternative investments capital formation organization representing more than 18,000 constituents, Mr. Oschin is on the forefront of issues and developments in the securities and real estate arenas.

KBR vision and philosophy is based on a collaborative model that leverages the strengths of its principals, team members and best-in-class partners to bring what we believe are high quality and equitably structured alternative investments to our investors. KBR has co-invested in each of our programs and kept its offering costs as low as possible. We endeavour to maintain alignment of interests with our investors and to be incentivized based on the success of our programs, said Vinay Kumar, Managing Partner of KBR Capital Partners. As we enter the rapid growth stage of our business, we need strong leadership that has the demonstrated aptitude to develop a dynamic strategy, assemble a highly effective team, execute efficiently, and produce exceptional results for our investors and company. We believe that Daniel brings these qualities and much more to KBR.

The landscape of alternative investments and the overall markets are shifting into a new paradigm. As part of that change, the industry is demanding product providers that are financially secure, forward thinking, multi-dimensional, and sensitive to the needs of the marketplace, while providing support, education, and transparency. This is a challenging combination of qualifications to find in one company. KBR brings together and offers these attributes with a methodology that is rare”, commented Mr. Oschin. “I was fortunate to be introduced to KBR early in their development and I am excited to be a part of this remarkable team. I believe their vision will help to change the industry for the better and will provide investors with unique and worthwhile opportunities.”

Mr. Oschin was honored with the ACE Award (A Champion of Excellence) in 2009, presented by the Real Estate Investment Securities Association (REISA) for outstanding leadership and service to the association and the real estate securities industry. He is currently President-Elect of the REISA Board of Directors.

About KBR Capital Partners

KBR Capital Partners is an innovative national private equity firm and provider of alternative investments specializing in delivering quality investment opportunities to accredited individuals and institutional investors. KBR’s programs feature opportuni

Diamond Resorts Corporation Announces an Update Call to Discuss Recent Developments

Posted on by


Las Vegas, NV (PRWEB) April 22, 2011

Diamond Resorts Corporation (the “Corporation”) will host a conference call for holders of its Senior Secured Notes on Wednesday, April 27, 2011, at 6:00 p.m. EST for the purpose of discussing the Corporation’s pending securitization transaction, the details of the recently confirmed Plan of Reorganization of Tempus Resorts International and how it will impact Tempus Acquisition, LLC (an affiliate of Diamond Resorts International

Gainesville Coins Announces, The Celebrate Our Right to Own Precious Metals Promotion

Posted on by

(PRWEB) June 24, 2011

Gainesville Coins Announces, The Celebrate Our Right to Own Precious Metals Promotion Friday, June 24, 2011

In light of the concerns raised by the Dodd-Frank Law, Gainesville Coins will discount Shipping on all orders of Bullion Gold and Silver bought between June 24th and July 15th.

Gainesville Coins has been receiving a number of inquiries regarding the impact of the Dodd-Frank financial overhaul bill on the silver and gold market. Specifically, we have been asked whether the legislation has any similarity to the U.S. governments actions in 1933 that removed gold coins from circulation and made it illegal for U.S. citizens to own gold. The Dodd-Frank legislation DOES NOT impact the individual investors ability to own gold and silver.

The impact of the Dodd Frank legislation on the precious metals market is to restrict the ability of brokerages from providing investors the ability to trade in over the counter (OTC) futures, including gold and silver futures.

There are two venues to trade derivatives, including futures the over the counter derivatives market, and the exchange traded derivatives market. Over the counter derivatives are traded off an exchange. For precious metals investors, the CME is the main exchange for gold and silver derivatives, including futures and option. The legislation only impacts those trades that DO NOT occur on an exchange. Futures and options that trade on an exchange are not affected.

In an OTC futures transaction, the buyer and seller enter into an agreement to buy or sell gold at a predetermined price, quantity, and date. The difference between an OTC futures contract and an exchange traded futures contract is that in a OTC transaction, these terms are not standardized. Like exchange traded derivative contracts, OTC contracts have margin requirements set to ensure that both parties will perform on their obligation to either buy or sell. However, unlike exchange traded futures, these transactions are not centrally cleared. This means that a failure to perform by one side of the transaction could result in economic harm to the other side of the transaction. This is known as counterparty risk. Futures traded on an exchange, like the CME, do not subject either party to counterparty risk, and this is the reason for the changes being made through the Dodd Frank legislation.

During the financial crisis of 2008, OTC derivatives, specifically OTC derivatives tied to BBB tranches of subprime mortgages caused a near total financial meltdown when AIG was unable to perform on its obligation. AIG had written hundreds of billions of dollars in OTC credit default swaps on BBB tranches of subprime mortgage securitizations. When these securities went down in value on the housing market implosion, AIG did not have sufficient cash to pay the buyers of this insurance. This is one of the main reasons for the Dodd-Frank Legislation. Because these derivative contracts were over the-counter, and not centrally cleared, AIGs failure to perform on its obligation raised the possibility of a cascade of financial failures. The Federal Government was ultimately forced to intervene to stop the financial contagion. Removing the risk of counterparty failure, and thus moving much of the OTC derivatives market onto an exchange, is one of the key drivers behind this legislation.

With all that said, hopefully with some clarity, Gainesville Coins would like to re-iterate that there IS NO IMPACT on individuals ability to own gold or silver. The only impact is on the ability of an individual to buy gold and silver in the OTC market. There is no change to gold and silver futures traded on an exchange.

Finally, it should be noted that there are exceptions to this legislation. For example, if you can qualify as a Qualified Eligible Participant (QEP), you are exempt from this legislation. For example, to qualify as a QEP, you would need to show a net worth of $ 1 million in assets. Also if you can prove that you can satisfy the obligations created by an OTC futures transaction within 28 days, you would also be exempt. It is up to each brokerage house to determine whether an individual investor qualifies under these exemptions. As a final note, the Dodd-Frank legislation only impacts leveraged or margined OTC transactions. These changes go into effect on July 15th, 2011.

When ordering use this promo code: owngold360

Buy Online 24/7 at http://www.GainesvilleCoins.com

###







California Attorney General Announces the States Withdrawal from Settlement Talks with Banks and Promises Further Investigation

Posted on by


Roseville, California (PRWEB) October 14, 2011

California Attorney General Kamala Harris announced last week that California would pull out of settlement talks that would have released some of the countrys major banks from liability surrounding their lending and foreclosure practices, the Wall Street Journal recently reported.

SFG Finance Announces 2012 Broker Incentive Contest

Posted on by

(PRWEB) January 23, 2012

SFG Finance (http://www.sfgfinance.com), an active purchaser of auto finance receivables, today announced the launch of its 2012 Broker Incentive Contest.

Phase One of the contest runs from January 1 to June 30, 2012. The first place prize will be awarded to the broker with the highest dollar amount funded between January 1 and June 30, 2012. The winner will receive a 7-day trip for two to Hawaii, or a Caribbean Cruise. The prize includes air fare, hotel or cruise package, and $ 1,000.00 in spending money.

Phase Two of the contest is for the Broker of Year, and runs from January 1, 2012, through the end of the year December 31, 2012. The Grand Prize will be awarded to the broker with the highest dollar amount funded for 2012. The winner will receive the choice of a 10-day trip for two to Hawaii or a cruise to Europe. The Grand Prize includes air fare, hotel or cruise package, and $ 2,000.00 in spending money.

Our brokers have been an integral part of our record growth in 2011. We look forward to even more expansion in 2012, and our brokers play a major role in helping us achieve that goal. For that reason, we want to thank our brokers for the valued services that they have provided to us over the past several years, and offer them this exciting contest said SFG Finance COO Henry Gonzalez.

SFG Finance recently launched a nationwide program to purchase 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 its superior analytics. A due diligence team will evaluate all loans to maximize selling dealers return without interrupting the dealerships existing business, ensuring a seamless transition.

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 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.

###







The Collingwood Group Announces Mortgage Market Meeting Call On the Subject matter of FHA Servicing Compliance

Posted on by

Washington, DC (PRWEB) March 29, 2012

The Collingwood Team (Collingwood) is happy to announce its next in a sequence of business meeting calls – FHA Servicing Compliance, becoming held on Thursday, April twelve, 2012.

&#thirteen

This contact will concentrate on FHA servicing compliance such as how FHAs Quality Assurance Division conducts on-web site servicing compliance reviews and the sanctions they might ask for for violations of FHA specifications. As an illustration, requests for indemnification are not completely for financial loan origination violations but can also be levied against servicers. Senior consultants from Collingwoods Danger Administration and Compliance Division will discuss these topics and other widespread results from the QAD compliance evaluations, as well as the reduction mitigation waterfall and what documentation you need to retain to be compliant.

&#13

There are many packages in area – which are in simple fact mandated by FHA – to support mitigate losses, beginning with early intervention to aid encourage property retention, relocating via different steps and choices including mortgage modification, and going all the way to foreclosure, when necessary, explained Brian Montgomery, Collingwood Group Chairman and previous FHA Commissioner. How servicers can – and should – offer with these situations will be the major target of this business get in touch with, with a goal of providing information that is timely, insightful, and useful.

&#thirteen

The phone, provided at no cost to individuals, will be led Brian Montgomery, who will average a discussion between Karen Garner, Collingwood Group Taking care of Director and former HUD compliance supervisor, and Earl Greer, Senior Specialist for Collingwood and previous Discipline Keep an eye on for FHAs High quality Assurance Division.

&#thirteen

FHA has elevated the number of on-internet site reviews at servicers in excess of the past numerous several years. It is not unusual for a servicer with several years of company to be experiencing their 1st FHA servicing review, said Garner. With improved emphasis on servicing compliance by FHA, the CFPB, OCC and other regulators, now is the time to ensure that you know what to count on and have procedures and methods in place to decrease the threat to your organization.

&#13

Collingwoods Threat Administration and Compliance Division is sharing information on an ongoing foundation with Collingwood customers and other business colleagues. Its first phone FHA Enforcement: Myths, Misconceptions and Information, targeted on FHA Enforcement, Good quality Assurance and Inspector Common reviews, and the Mortgagee Evaluation Board. A summary of that call is offered on Collingwoods internet site at http://www.collingwoodllc.com.

&#13

About The Collingwood Group&#thirteen

The Collingwood Group (http://www.collingwoodllc.com) is a Washington, DC-dependent enterprise advisory agency focused on increasing clientele businesses, advertising earnings expansion and growing expense returns. The organization is led by Chairman Brian Montgomery, previous Assistant Secretary for Housing and Federal Housing Commissioner, and Vice Chairman Joe Murin, previous President and CEO of Ginnie Mae. Both performed significant roles in the federal governments endeavours to handle the nations fiscal crisis and restore balance and liquidity to financial markets. The companies skills spans all facets of Agency, non-Agency and FHA/VA housing financing applications Ginnie Mae securitization routines domestic and worldwide secondary industry pursuits and troubles main and special servicing full asset lifecycle vendor and expertise management and all elements of portfolio because of diligence, acquisition, residence management and asset disposition.

&#thirteen

Go to http://www.directeventreg.com/registration/celebration/64180522 for extra data on The Collingwood Teams April 12, 2012 conference get in touch with FHA Servicing Compliance or to sign up for the call.

&#thirteen
&#thirteen
&#thirteen
&#13
&#13

A lot more Securitization Press Releases

SFG Finance Announces New PassTime Usa System with No Upfront Gadget Fees

Posted on by

ARLINGTON, Texas (PRWEB) June twenty, 2012

SFG Finance LLC (http://www.sfgfinance.com), a purchaser of auto paper from BHPH sellers, new auto franchise dealers, finance companies, banks and credit score unions, right now announced that it has partnered with PassTime Usa (http://www.passtimeusa.com), the business leader in substantial-tech GPS tracking and Automated Assortment Technologies options, for SFG Funds new financial loan buying plan.

&#13

The new software will provide competent loan companies unparalleled entry to PassTime merchandise with no upfront device price to the dealer or initial financial institution whilst offering them obtain to essential cash and liquidity by means of their relationship with SFG Finance. Experienced loan providers with SFG Finance can order PassTime goods for no upfront value as long as the mortgage is offered to SFG Finance inside the specified time period.

&#thirteen

PassTime United states of america delivers GPS monitoring and its personal Automatic Selection Technologies (ACT) answers to its customers in the BHPH and subprime finance business. Its wide variety of merchandise and providers, outstanding 24/7 reside buyer support, and sector skills provide consumers with a complete package for safeguarding their belongings and controlling their portfolios.

&#13

This program is not like anything at all we have at any time observed in the market. It is an wonderful prospect for our clients to get PassTime gadgets for no upfront price on the certified financial loans they promote to SFG Finance, stated PassTime Government VP of Functions, Chris Macheca. Its truly a successful scenario for everybody included.

&#13

SFG Finances system purchases existing in close proximity to prime, subprime, and BHPH car financial loan portfolios from franchised and independent car dealers, as properly as finance businesses. Portfolio sizes range from $ 500,000 to $ one hundred fifty million, are held on the balance sheet and serviced internally.

&#13

We have launched programs in the previous that include credits or rebates to original creditors for the cost of PassTime products. This is taking it a action more. Now the dealer or initial loan provider can purchase, set up, and employ PassTime units with no upfront value to them, mentioned SFG Finance COO, Henry Gonzalez

&#thirteen

Funding for the system is manufactured possible by SFGs mum or dad lender, with the added gain of a more steady price of funds and without the need to securitize. SFG Finance provides full transparency and up-front pricing dependent upon its superior analytics. A owing diligence crew will consider all financial loans in purchase to increase the promoting sellers return without having interrupting the dealerships present organization, guaranteeing a seamless transition.

&#thirteen

The system is at the moment available. Remember to speak to SFG Finance or PassTime for a lot more data about signing up.

&#13

About SFG Finance:

&#13

SFG Funds tagline is: Turning Paper into Revenue One particular Relationship at a Time. The company is an active purchaser of automobile finance receivables and its government administration group has over seventy five a long time of blended business experience. It is a wholly owned affiliate of Southside Bank, 1 of the nations biggest impartial banks with $ 3.2 Billion in assets. SFG Finance buys sub-prime via around key vehicle paper, servicing launched, from banking companies, credit score unions, car dealers, and other financial institutions nationwide. The companys intense pricing and experience across all credit spectrums make it an sector leader. For far more info visit: http://www.sfgfinance.com or call: 866-590-7734.

&#thirteen

Media Get in touch with: William Donnelly&#thirteen

817-635-5127

&#13

About PassTime

&#thirteen

Headquartered in Littleton, Colorado, PassTime was established in 1992 the PassTime Suite of Goods is developed to boost client payment performance and lessen default and repossession dangers. In 1997, PassTime produced its initial Automatic Collections Engineering item. In excess of the next many a long time, a Suite of Items advanced that provide GPS monitoring, wi-fi, and Automatic Assortment Technology goods and services created to satisfy the needs of a highly varied industry of car dealers and particular finance businesses. PassTime options aid larger costs of return on funding based mostly on enhanced consumer payment efficiency. PassTime prides by itself on a 24/7 Client Treatment Help Centre for partners, lenders, dealerships, and finish-consumer customers. More than the earlier ten years, PassTime has sustained industry leadership with its revolutionary products and providers. For much more data about PassTime, remember to go to http://www.passtimeusa.com or get in touch with 877-PASSTIME. Get in touch with Jeff Karg, director of corporate communications at jkarg(at)passtimeusa.com.

&#thirteen
&#13
&#13
&#thirteen
&#thirteen

Locate More Securitization Push Releases