Tag Archives: Industry

Yet another Industry Veteran to Be part of the Collingwood Group as Vice President

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Washington, DC (PRWEB) August 20, 2012

The Collingwood Team introduced nowadays that Linda Nessi joined the agency as Vice President of the Danger Administration and Compliance Division. The Division is concentrated on mitigating the risk of enforcement actions and ensuring operational readiness and compliance with the arduous requirements of government lending.

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Nessi undoubtedly delivers a wealthy history of federal government software experience that will permit her to assistance the complete variety of The Collingwoods Groups government lending consulting solutions, like handling operational danger assessments, quality handle critiques across the entire bank loan life cycle such as origination, servicing and insurance policies statements, and specific financial loan file testimonials.

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Former FHA Commissioner, Brian Montgomery, now Chairman of The Collingwood Team noted, Not only does Linda deliver a wealth of FHA program experience but her tenure at Fannie Mae and Freddie Mac supply an added dimension to the Chance Administration and Compliance Divisions notable experience.

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Before signing up for The Collingwood Group, Nessi served as a Director of Screening and Checking at Freddie Mac for a few several years, exactly where she oversaw Residence Reasonably priced Modification Software (HAMP) and non-GSE portfolio compliance. Nessi also labored at Fannie Mae for five many years, where she managed the Money Dedication Window and the Functions Consultants Team.

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Most notably, Nessi put in in excess of 30 several years at the Section of Housing and City Development (HUD). The Collingwood Groups bench of staff is presently deep with HUD veterans. Nessis addition more deepens Collingwoods cache of HUD veterans at The Collingwood Group, representing in excess of 250 a long time of mixed HUD knowledge on staff.

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In her tenure at HUD, Nessi served as the Associate Deputy Assistant Secretary, Director of an FHA Homeownership Heart, and Branch Chief of FHAs Top quality Assurance Division where she was responsible for on-web site financial loan origination and servicing compliance reviews. She held other positions at HUD, including Multifamily Housing Consultant, Local community Arranging and Growth (CPD) Consultant and Urban Growth Action Grant (UDAG) Officer.

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Ms. Nessi stated that, It is superb to be again operating with so many previous FHA colleagues. The mission of The Collingwood Group and its target on operating with clientele to create and preserve very best practices and compliant packages is one thing I am very pleased to be a portion of.

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About The Collingwood Team

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The Collingwood Group (http://www.collingwoodllc.com) is a Washington, DC-based mostly business advisory company centered on expanding customers companies, promoting earnings expansion and escalating investment returns. The company is led by Brian Montgomery, previous Assistant Secretary for Housing and Federal Housing Commissioner. Montgomery performed a significant function in the federal governments initiatives to deal with the nations fiscal crisis and restore balance and liquidity to monetary marketplaces. The companies other founders have held leadership positions in other corporations in the economic services business, like the GSEs. Collingwoods skills spans all aspects of Company, non-Agency and FHA/VA housing financing packages Ginnie Mae securitization activities domestic and worldwide secondary marketplace routines and concerns primary and unique servicing total asset lifecycle vendor and expertise management and all factors of portfolio thanks diligence, acquisition, house administration and asset disposition.

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Far more Securitization Press Releases

MERS Enterprise Design Destroys US Genuine Estate Industry and Residence Regulations

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New York, NY (PRWEB) August 22, 2012

In a single of the most explosive interviews to day, David Krieger, author of the new e-book “Clouded Titles”, blows the whistle on the business design and functions of The Mortgage Electronic Registration Technique or MERS on It really is Rainmaking Time! with Kim Greenhouse.

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How is it that mortgage lenders and MERS systematically and knowingly infected and participated in the destruction of the US True Estate Industry and residence legal guidelines? How occur house homeowners in no way observed it coming?

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Ellen Brown JD, a typical on The Kaiser Report, the Founder and Chair of The Community Banking Institute and the author of “Internet of Credit card debt”, pops in to talk about the lawful ramifications of the erosion of the total program and how absolutely everyone might be produced whole.

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It is Rainmaking Time! explores how it is that the regulators like The Office of Justice,The Securities and Trade Commission, The Comptroller of the Currency, as nicely as Actual Estate Investors, Title organizations and brokers throughout the country also skipped noticing that MERS have been hiding the chain of custody so that debtors never know who in fact owns their financial loan?

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The securitization of over 70 million homes without having the correct chain of custody of the title currently being recorded in the land deeds or the notes will have a huge chain response at a central nervous method amount of our actual estate, banking and legal Industries.

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The human suffering from this is currently spiraling. So a lot of individuals will be impacted that it truly is practically staggering. If folks discover out that they have paid out off their residences but do not genuinely very own them and are unable to market them or, that they are in foreclosure, who knows how people will offer with it. You will find an x element about this which is quite terrifying.

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Do you actually personal your very own home?

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As with all contracts, the devil actually is in the specifics.

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Tune in to It really is Rainmaking Time! to uncover out what is actually truly taking place and what to do about it.

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Connected Securitization Push Releases

Velocity Hires Industry Veteran for Loan Acquisitions Kolasinski to Lead Financial loan Acquisition Initiatives for Specialty Finance Organization

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Westlake Village, CA (PRWEB) January 17, 2013

Velocity Professional Funds, a specialty finance firm focusing on originating, buying and securitizing tiny equilibrium commercial financial loans, announces the addition of Craig Kolasinski to its Cash Markets group. In his part as Director of Loan Acquisitions, Kolasinski will lead Velocitys enterprise growth attempts buying pools of business mortgage loan financial loans nationwide in the secondary marketplace.

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Kolasinski provides far more than twenty a long time banking and mortgage acquisitions expertise to the placement. Prior to his appointment, Kolasinski was Director of Acquisitions for Onward Investors, LLC and beforehand held a senior management role at Initial Financial institution of Beverly Hills.

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I am thrilled with the addition of Craig Kolasinski to the Funds Marketplaces group at Velocity, said Chris Farrar, President and CEO. His deep encounter and associations in the banking business will play an integral position whilst we continue to increase our acquisitions business and insert to our portfolio.

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Kolasinksi retains a Bachelors degree in Company Administration from Kent State College.&#13

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About Velocity&#13

Velocity Professional Capital is a specialty finance firm concentrating on professional actual estate debt. Velocity acquires portfolios of performing and non-executing loans nationwide. In addition, the organization originates modest equilibrium business financial loans and acts as particular servicer, dealing with distressed belongings. Launched in 2004, Velocity is headquartered in Westlake Village, California. For far more data, remember to check out: http://www.vcc-inc.com

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Much more Securitization Press Releases

Protected Safety Enters Do-it-yourself House Security Industry with Safe@house

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San Ramon, CA (PRWEB) February 13, 2013

Safe Stability, a single of the nations greatest safety alarm businesses has introduced a new division, Protected@home. This new division will empower a customer to self put in a wi-fi stability system at their residence with simplicity. This Do it yourself residence alarm program will contain skilled UL accredited 5 Diamond checking by Risk-free Safety and will not require a phone line. The home security technique can be controlled remotely by a smartphone or pill through Honeywells Complete Join. The technique is offered across the continental US.

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With an elevated demand from customers in the residential stability market for a self mounted alarm method coupled with improved technological innovation that makes it possible for for a wi-fi protection program to be set up in minutes, Protected@residence is well positioned to be a chief in the Diy security room, stated Paul Sargenti, SAFEs President and CEO. Weve partnered with Honeywell to offer a state of the artwork wireless safety system and will accommodate Wi-Fi for IP alarm communications. This will permit our clients to consider gain of currently being ready to self-set up their wireless safety technique. By enabling our clients to self put in, they will help save money by not demanding an alarm company to set up the alarm system.

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Buyers can decide on from 3 complete deals and insert on additional components to best match their wants. Risk-free@home is doing work with the chief in security, Honeywell, to provide reducing edge tools.

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The Risk-free@residence Do it yourself wireless property security program is obtainable now. To discover far more make sure you go to http://www.safeathome4u.com.

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About Safe Securit&#thirteen

Secure Security

Velocity Hires Industry Chief to Head Servicing Division

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Westlake Village, CA (PRWEB) March 12, 2013

Velocity Business Cash, a specialty finance organization focusing on originating, obtaining and securitizing small stability business financial loans nationwide, announces the addition of Jack Jacob to its senior management staff. In his function as Govt Vice President, Jacob will direct Velocitys Servicing and Unique Servicing teams.

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Jacob brings more than 30 a long time of banking, servicing, special servicing and true estate knowledge to the situation. Prior to his appointment, Jacob was Vice President for Aurora Lender, formally identified as Lehman Brothers Bank, in their business true estate Particular Property Office, and previously held administration roles at WAMU, American Financial savings Financial institution, American Genuine Estate Team (AREG), and American Financial savings &amp Financial loan.

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I am happy to announce the addition of Jack Jacob to the management crew at Velocity, stated Chris Farrar, President and CEO. His comprehensive involvement with asset administration and servicing, especially within our area of interest, will be quite essential to us as we carry on to expand our portfolio at Velocity.

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Jacob attended Loyola College and retains a Bachelors degree from North Park University.

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About Velocity&#13

Velocity Industrial Funds is a specialty finance agency focusing on professional true estate financial debt. Velocity acquires portfolios of doing and non-performing financial loans nationwide. In addition, the firm originates little stability loans and functions as special servicer managing distressed belongings. Started in 2004, Velocity is headquartered in Westlake Village, California and operates a satellite product sales place of work in Philadelphia, PA. For a lot more information, make sure you pay a visit to: http://www.vcc-inc.com

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Loan company Techniques Inc. and Constellation Automotive Software program Announce Integration for Get Here – Pay out Listed here Vehicle Dealership Industry

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Sarasota, FL and Temecula, CA (PRWEB) April 12, 2013

Lender Systems, one of the market leaders for payment safety technologies, and Constellation Automotive Software, a top developer of application programs for independent automotive dealerships, have declared a new integration among their products.

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By way of this integration, Constellation delivers the capacity for software customers making use of its MSP application together with Lender Programs iPay payment assurance products to process payments in one straightforward transaction. Customers will be capable to approach their customers payments and make the codes essential to software their iPay gadget in one phase. No for a longer time will sellers employing the two systems be forced to double enter information into every system, chopping payment processing time in half.

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We are fired up to partner with Lender Methods, a single of the leading providers in the payment assurance business. Their remedies offer added security and peace-of-brain for our supplier customers, often at a reduced cost than they are at present incurring, said Alan Mosher, Standard Supervisor of Constellation Automotive Software. Our clients can save time and income with our integration, and saves our buyers valuable time processing each and every payment. It really is a earn-win for all parties involved, he continued.

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This partnership affirms Constellations dedication to differentiate their application through technology innovation by supplying customers entry to a revolutionary suite of products and providers that offer its client dealerships the maximum degree of equipment to maximize dealership operation.

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David Sailors, Govt Vice President of Loan company Systems included, Were delighted to provide this sort of a complete integration between our goods and Constellations MSP application merchandise. The end result is an very flexible, tightly integrated resolution that will let our mutual customers the most technologically superior technique to gather their excellent financial loans while reducing assortment expenditure and charge-off.

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About Lender Techniques &#thirteen

Loan provider Systems, Inc. is an international organization concentrating on asset defense, administration and monitoring. Its proprietary techniques and options are utilised to protected and handle the sub prime car loan portfolios of the two get-below-shell out-listed here car dealerships and economic establishments. Its asset protection systems secure the multi-million greenback inventories of automotive dealerships, credit score unions and other varieties of fiscal establishments. Technology presented by Lender Methods, Inc is presently protecting a lot more than $ two billion in automobile loan portfolios and has been serving the market for much more than 18 years. Loan company Methods, Inc is committed to delivering differentiated worth to customers and associates through its unique item and service choices, while carefully mapping items and remedies to its customers’ demands and priorities-these kinds of as asset securitization, efficiency, cost personal savings and return on investment decision.

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Understand a lot more at lendersystems.com.

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About Constellation Automotive Application&#13

Constellation Vehicle is a leading supplier of software program to impartial automotive dealerships. Their items are versatile enough to fulfill the requirements of any single or multi-lot dealership. Constellation Automotive Software is a portion of the Constellation Dealership Application Group which offers a suite of industry top computer software merchandise designed especially for dealerships. In excess of 1,000 dealerships throughout North The usa depend on one particular their merchandise to make their dealership far more productive. They are a wholly-owned subsidiary of Constellation Computer software Inc., the premier worldwide company of vertical industry computer software, with places of work and buyers in over 30 nations around the world, creating consolidated revenues in excessive of US $ 800 million. Publicly traded and comprising over 20,000 consumers, CSI has a mission to get, control and build an exceptional and assorted portfolio of companies, marketing application goods to aid buyers achieve their goals and aims.

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For far more information, pay a visit to http://www.constellationauto.com

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Media Contacts:

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David Sailors