SFG Finance Names thirty-Yr Auto Finance Veteran Stuart Levin as Enterprise Improvement Manager

Arlington, TX (PRWEB) July 26, 2012

SFG Finance LLC (http://www.sfgfinance.com), a purchaser of vehicle paper from BHPH dealers, new car franchise dealers, finance businesses, banks and credit unions, today introduced that it has named Stuart Levin as Business Improvement Supervisor. In this situation Stuart will be billed with increasing SFGs foundation of sellers in the portfolio acquisition arena as properly as establishing movement interactions nationwide.

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Levin delivers increased than thirty years of auto finance knowledge to SFG with a established report of developing interactions throughout the car landscape and driving outcomes. He is a effectively acknowledged and hugely regarded marketing professional in the underserved automotive lending industry. Prior to SFG Finance Levin labored for 14 a long time at Trac Lending, LLC, most just lately as president, with overall duty for developing subprime automobile finance functions.

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Prior to that, Levin served as C.O.O. at Driveitaway.com, Inc., the place he created and oversaw an upstream remarketing software for fleet lease cars. Ahead of that Levin labored at Autobytel, Inc., as Director, Superior Finance Goods, the place he designed an operations program for the achievement middle of a national loan provider. He also served as the director of Autobytels Utilized Vehicle Program, and was accountable for strategic planning for the Pre-owned Cyber keep.

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Stuart will provide us a wide foundation of information in the sector and we are really excited that he is element of our group, said Robert Chickowski, Senior Vice President-Supervisor of Portfolio Acquisitions.

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SFG Finance purchases present close to key, subprime, and BHPH car financial loan portfolios from franchised and unbiased vehicle dealers, as nicely as finance businesses. Portfolio dimensions range from $ 500,000 to $ a hundred and fifty million, servicing launched all portfolios are held on equilibrium sheet and serviced internally.

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The software is extremely productive with a 7-ten day overall turnaround from examination to closing, and will concentrate on accounts with as minor as thirty day seasoning. Since the inception SFG Finance has actively acquired and closed portfolios from sellers and finance businesses nationwide.

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Funding is made possible by SFGs mother or father lender, with the included gain of no require to securitize in addition a far more stable cost of cash. SFG Finance gives complete transparency and up-front pricing based its excellent analytics. A owing diligence team will assess all financial loans to improve the offering dealer or finance companies return without having interrupting their present enterprise, making certain a seamless transition.

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About SFG Finance:

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SFG Funds tagline is: Turning Paper into Earnings 1 Partnership at a Time. The firm is an energetic purchaser of vehicle finance receivables and its executive administration group has in excess of seventy five years of mixed industry experience. It is a wholly owned affiliate of Southside Financial institution, a single of the nations biggest independent banks with roughly 3 Billion in property. SFG Finance buys sub-key through close to key auto paper, servicing introduced, from financial institutions, credit score unions, vehicle sellers, and other fiscal establishments nationwide. The companys intense pricing and expertise across all credit rating spectrums make it an market chief. For far more data visit: http://www.sfgfinance.com or call: 800-994-0898.

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Kramer Levin Expands Insurance coverage Practice Team in New York


New York, NY (PRWEB) June 10, 2013

Kramer Levin Naftalis &amp Frankel LLP introduced nowadays that Daniel A. Rabinowitz has joined the firm as a companion in the companies Insurance Exercise Group. Rabinowitz, who will reside in Kramer Levins New York business office, specializes in transactional and regulatory advice in the insurance sector.

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Rabinowitz has comprehensive knowledge in all sorts of transactional exercise and regulatory matters affecting the insurance policy company, like mergers and acquisitions, cash marketplaces, restructurings, securitization and structured finance, reorganizations, reinsurance, corporate governance and all facets of NAIC and condition regulatory oversight. He currently serves as Chair of the Committee on Insurance Legislation at the New York Town Bar Association.

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Dan has a reliable popularity for supplying customers with specialist counsel across a amount of sophisticated concerns, mentioned Paul S. Pearlman, Kramer Levins Handling Companion. His knowledge will complement our nicely-recognized insurance policies, corporate and securitization techniques.

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Amid a extended list of representations, Rabinowitz provided counsel to two leading global monetary establishments in quite a few transactions and regulatory matters arising out of the 2008 financial crisis, which includes product sales of subsidiaries, securities choices and initial-of-type federal government assistance transactions providing money and liquidity help. He also has been concerned in quite a few insurance policies company demutualizations and comparable conversions, reinsurance transactions, insurance policies-connected securities and other types of alternative risk transfer. Rabinowitz is a repeated writer and speaker on insurance-related matters and also served on a operating group at the ask for of the New York Insurance policies Section in its Submitting Modernization Initiative in 2010.

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Kramer Levin is mentioned for providing clients useful authorized tips and company technique in a way that produces results and Im seeking ahead to growing consumer associations and operating alongside a team I respect and admire, said Rabinowitz.

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Rabinowitz gained his J.D. from the University of Chicago and his A.B., magna cum laude, from Brandeis University where he was a member of the Phi Beta Kappa honor modern society.

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About Kramer Levins Insurance coverage Apply:

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Kramer Levin delivers transactional and regulatory suggestions and counsel in the insurance policy industry on the point out, federal and global ranges. Our services incorporate corporate and economic transactions involving the insurance policy and reinsurance industries, insurance coverage and reinsurance merchandise, insurance policies-connected structured finance and alternative risk transfer, insurance policy business restructuring and insolvency and insurance coverage litigation.

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About Kramer Levin: Kramer Levin Naftalis &amp Frankel LLP is a leading, total-services legislation firm with workplaces in New York, Silicon Valley and Paris. Organization lawyers are foremost practitioners in their respective fields. The organization represents World-wide one thousand and rising development businesses, establishments and individuals, throughout a wide selection of industries. For much more information, please pay a visit to http://www.kramerlevin.com.

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