Andrews Kurth Partner Patrick C. Sargent Named President of CMSA, 2009-2010


New York (Vocus) June 10, 2009

Commercial Mortgage Securities Association is pleased to announce the succession of Patrick C. Sargent as President of CMSA for June 2009-June 2010. He follows Christopher Hoeffel, who served as President this past year and whose term concludes during CMSA’s 15th Annual Convention, now being held in New York.

Pat Sargent is a partner with Andrews Kurth LLP and a member of the Real Estate and Structured Finance and Securitization practice groups in the firm’s Dallas office.

“I’m honored to serve as President of CMSA for the upcoming year, a time I see as our market’s ‘recovery year,'” Mr. Sargent said. “While challenges remain, it’s clear that CMSA is the effective voice for the industry in outlining its views to advance the needs of the members it serves. I see CMSA and its membership as pivotal in bringing strength, reliability and stability back to our industry,” he said.

“Alongside Pat, I wish to sincerely thank Chris Hoeffel for his thoughtful and remarkable leadership during our market’s many challenges this year,” said Dottie Cunningham, Chief Executive Officer, CMSA. “Chris’ stewardship of CMSA through last fall’s acute turmoil in the U.S. financial markets through his work in guiding our members through the many facets of these relief efforts remains instrumental to our mission, and all of us owe Chris a large debt of gratitude.” she said.

“I also join Chris in welcoming Pat as our President,” Ms. Cunningham continued. “Pat is one of the industry’s most experienced, committed and respected leaders in commercial mortgage finance. On behalf of CMSA’s members, all of us look forward to working with him as we begin this year filled with opportunity, recovery and success,” she said.

Pat Sargent has represented participants in every facet of U.S. and international securitization and structured finance transactions, including commercial mortgage loan originators and loan sellers, issuers, investment banks, servicers, borrowers, investors, and rating agencies. Pat is a member of the Board of Governors of CMSA and also serves on the Board of Governors for the Mortgage Bankers Association and the Board of the Chartered Realty Investor Society. He is also a frequent speaker and writer on commercial real estate finance issues.

Pat received his Bachelor of Science degree in accounting from Kansas State University, where he graduated Phi Beta Kappa, and his law degree from Southern Methodist University School of Law, where he served as editor of the Southwestern Law Journal.

Commercial Mortgage Securities Association, the international trade association dedicated to promoting the ongoing strength, liquidity and viability of commercial real estate capital market finance, acts as a legislative and regulatory advocate, playing a vital role in setting industry standards for the global commercial mortgage markets.

Unlike many trade organizations, CMSA is a collective voice, representing the full range of the industry’s market participants: large money-center and investment banks, rating agencies, insurance companies, traders, B-piece buyers and investors.

With more than 270 member companies globally, and with a presence in Europe, Japan and North America, CMSA is dedicated to insightful, forward-thinking research and industry initiatives that encourage vision, innovation and continuous professional growth for market participants. CMSA is committed to being responsive to its members, providing them with a culture of collaboration, collegiality, open and inclusive dialogue, consensus building and respect for diverse views.

Media Relations:

For CMSA: Kenneth Reed, kreed (at) cmsaglobal.org, 212-589-0961

For Andrews Kurth: Ashley Nelly, ashleynelly (at) andrewskurth.com, 713.220.4410

About Andrews Kurth LLP

For more than a century, Andrews Kurth has built its practice on the belief that “straight talk is good business.” Real answers, clear vision and mutual respect define the firm’s relationships with clients, colleagues, communities and employees. With more than 400 lawyers and offices in Austin, Beijing, Dallas, Houston, London, Los Angeles, New York, The Woodlands and Washington, DC, Andrews Kurth represents a wide array of clients in all areas of business law. For more information about Andrews Kurth, please visit http://www.andrewskurth.com.

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Altos Research and 1010data Partner to Deliver Real-time Real Estate Data to the Financial Community

Orlando, FL (PRWEB) February 8, 2011

Altos Research, the premier provider of real-time real estate data, announced at the American Securitization Forum 2011 the availability of their market analytics data via the industry leading 1010data platform. Launched in 2006, Altos Research tracks the leading indicators for residential mortgage-backed securities (RMBS) default risk, loan-to-value (LTV) adjustments, and forecasting asset valuations on over 20,000 zip codes across the U.S., offering analytics and forward valuation models that are updated weekly with three, six, and 12-month forecasting horizons.

We monitor the real estate market in real-time and this lets us offer the most accurate market forecasting available, said Scott Sambucci, vice president of sales and analytics, Altos Research. By making our data available on the powerful 1010data platform, we will be able to reach more customers via their hosted service.

With decades of Wall Street experience, 1010data understands the data management and analytical needs of financial services institutions, and knows how to provide solutions that make it easy to manage and analyze large volumes of data for a business-critical advantage. The company combines the power of a high-performance back-end database with a Web-based, front-end user interface, empowering financial institutions with the tools they need to analyze, manage and present data. Optionally delivered as a service, the solution is implemented quickly so that companies experience high speed-to-value and very rapid ROI.

“The unique Altos Research data perfectly complements our list of hosted MBS datasets,” said Greg Munves, executive vice president, 1010data. “Access to real-time data is of growing importance to our customers, and allows them to do more timely analysis.”

Altos Research data is now available via the 1010data platform, for more information please visit 1010data.

ASF 2011

Altos is participating in the American Securitization Forum 2011 at the Orlando World Center Marriott February 6 9th. The company is providing demonstrations of the AltosEvaluate FVM at booth #108. To schedule a demonstration, please contact Scott Sambucci at 888.819.7775.

About Altos Research

Altos Research is the premier provider of real-time real estate information. As the only national source of primary research in the active housing market, Altos Research produces unique statistics, leading indicators, and web applications used for analysis. Altos watches the active housing market, about two million properties each week, in 20,000 zip codes, and calculates price changes, supply and demand statistics and market psychology statistics for local market understanding. Altos clients are anyone with exposure to real estate; financial institutions, investors, and thousands of real estate professionals around the country. For more information visit http://www.AltosResearch.com

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Cadwalader Partner Drew G.L. Chapman to Moderate Hedge Fund M&A Panel at Global Hedge Fund Summit


New York, NY (PRWEB) April 18, 2011

Drew G. L. Chapman, a partner who leads the Alternative Investment Group at Cadwalader, Wickersham & Taft LLP, will be moderating a panel at the 17th Annual Global Hedge Fund Summit to be held in Bermuda, May 1-3, 2011. The conference will focus on what the future holds for the hedge fund industry. Mr. Chapman will lead a discussion entitled: Hedge Fund M&A: Where Do We Stand Now?

Mr. Chapmans practice focuses on the alternative investment, asset management, and financial services industries, to which he brings broad transactional, structuring and fund formation experience. He counsels clients on crucial and complex policy, governance and regulatory issues, investigations, litigation and adversarial situations, and on transactions of all types, including mergers, acquisitions, dispositions, spin offs and spin outs, secondary transactions and restructurings. His clients include some of the world’s most prominent financial institutions, hedge funds, private equity funds, broker-dealers, asset management firms and sovereign wealth funds.

Cadwalader, Wickersham & Taft LLP, established in 1792, is one of the world’s leading international law firms, with offices in New York, London, Charlotte, Washington, Houston, Beijing and Hong Kong. Cadwalader serves a diverse client base, including many of the world’s top financial institutions and corporations, undertaking business in more than 50 countries. The firm offers legal expertise in antitrust, banking, business fraud, corporate finance, corporate governance, energy, environmental, financial restructuring, healthcare, intellectual property, litigation, mergers and acquisitions, private equity, private wealth, real estate, regulation, securitization, structured finance, and tax. More information about Cadwalader can be found at http://www.cadwalader.com.

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Tom Cronin Promoted to The Collingwood Team LLC Partner and Controlling Director


Wasjhington, DC (PRWEB) February fourteen, 2013

Washington, DC based mostly organization advisory company, The Collingwood Group, right now announced that Tom Cronin has been promoted to Companion and Managing Director.

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Cronin will carry on to assist the corporations organization advancement and business advisory pursuits. As the newest member of the companies senior management group, Cronin will also perform to broaden the companies mortgage servicing practice, particularly as it relates to issues involving Ginnie Mae servicing and relevant servicing transfers.

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Cronin joined the Collingwood Group as Taking care of Director in September 2011. &#thirteen

We are delighted to announce Toms marketing, mentioned Brian Montgomery, Collingwood Team Chairman and Co-Founder. Toms broad knowledge and large institutional knowledge of the house loan market have confirmed priceless to Collingwoods clients, and with addition of Toms robust management as a member of Collingwoods senior leadership staff, the companies growth will no question carry on to accelerate, Montgomery added.

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Right away prior to joining Collingwood, Cronin served as Senior Managing Director of Clayton Holdings, Inc., exactly where he managed home loan items and securities. Cronin also served as a Managing Director of Interactive Mortgage loan Advisors, LLC., and Vice Chairman at Matrix Bancorp. In addition, Cronin has held leadership positions with the Mortgage Bankers Affiliation (MBA) and was appointed as a Fellow of the Society of Qualified Home loan Bankers.

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About The Collingwood Group

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The Collingwood Group (http://www.collingwoodllc.com) is a Washington, DC-dependent organization advisory firm focused on expanding clients businesses, selling profits development and increasing investment decision returns. The firm is led by Brian Montgomery, former Assistant Secretary for Housing and Federal Housing Commissioner. Montgomery performed a main part in the federal governments endeavours to tackle the nations fiscal disaster and restore stability and liquidity to fiscal marketplaces. The companies other founders have held management positions inside other businesses in the monetary solutions industry, like the GSEs. Collingwoods skills spans all elements of Company, non-Agency and FHA/VA housing financing packages Ginnie Mae securitization activities domestic and international secondary market pursuits and issues main and special servicing complete asset lifecycle seller and talent administration and all aspects of portfolio due diligence, acquisition, property management and asset disposition.

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Open up Seller Exchange Selects Silanis as its e-Contracting Answers Partner


Montreal, QC (PRWEB) June 10, 2009

Silanis Technology’s next-generation Electronic Signature Method Administration (ESPM) resolution, ApproveIt Net Server 3., , has been selected by Open Dealer Exchange, a recently fashioned joint venture amongst sector leaders ADP Dealer Solutions and The Reynolds and Reynolds Company to offer e-contracting options. Silanis’ answers will permit a entirely automated financing process in which all income and financing files will be processed electronically, such as the generation and storage of legally compliant digital mortgage contracts. This new settlement consists of ApproveIt Internet Server three.0e-signature procedure management answer and ApproveIt Transferable Documents Supervisor answer.

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Open Dealer Trade was introduced before this year to support loan companies far better integrate the financial loan origination procedure which consists of credit software processing, deal data integration and e-contracting, into an car dealer’s transactional, point-of-sale system. The aim is to improve operational efficiencies ensuing in a more rapidly, a lot more accurate revenue approach. Silanis performs a important position in e-contracting success by transforming a guide, paper-based procedure to a entirely digital, World wide web-based e-transaction.

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Tommy Petrogiannis, Silanis’ President, remarked, “We are viewing a substantial enhance in desire from lending corporations this kind of as ODE that are leveraging e-signatures and e-vaulting engineering to total straight via processing and materially lessen the cycle time and expense connected with each and every transaction.”

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Silanis’ solutions permit Open up Vendor Trade to integrate digital signature abilities, protected vaulting, and authoritative duplicate management into the dealership’s current workflow. External functions can also confirm a non-authoritative copy of the digital deal and authenticate its contents, like the signatures and the knowledge that has been signed. Ownership of the contracts can be transferred electronically in compliance with UCC nine-one hundred and five demands.

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“Open Vendor Trade was fashioned to bring greater possibilities and efficiencies to the vehicle lending process and we are fired up about the capabilities Silanis supplies to help obtain these goals,” states Marty Zwolan, Vice President of Product sales for Open up Vendor Exchange.

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Lenders, dealers and purchasers alike will gain from the system’s straight-by means of processing capabilities. Lenders will commit significantly less time verifying retail instalment contracts since the info contained therein will be comprehensive, and match the phrases of the loan approval. Sellers will invest more time with consumers, although distributing contracts far more swiftly and properly to loan companies, resulting in faster funding and customers will commit less time waiting around for and signing the multiple paperwork essential to obtain a automobile and use for a financial loan.

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ApproveIt