Tag Archives: Structured

Structured Settlement Sale Prevents Home Foreclosure in Florida, According to J.G. Wentworth

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BRYN MAWR, Pa. (PRWEB) September 24, 2008

Commenting on the increase, Randy Parker director of quality assurance for J.G. Wentworth, noted that among the higher volume of transactions are a larger number of cases where the seller is trying to overcome some form of financial distress which was not contemplated at the time they settled their lawsuit including the possible loss of their home through foreclosure.

According to Mr. Parker, “Our client Janine D. living in Sarasota offers a typical example of some of the financial distress we are now seeing. Sudden and persistent illness undermined Janine’s ability to maintain her income. She had few other assets other than her settlement payments, but these were inadequate for the circumstances she found herself in.”

Janine D. said, “I have been unable to work due to an illness for the past 21 months and the bills were piling up. I had nowhere to turn to and could not find a job due to the constant in-and-out hospital visits.”

Through J.G. Wentworth, Janine D. was able to sell a portion of her regular monthly payments for 4 years in exchange for $ 16,000 in cash.

“J.G. Wentworth was fantastic about getting me money from my annuity to bring me out of the financial hole and keep our home from being taken away,” she said. “You helped keep the roof over my child’s head. I am forever grateful. Thank you.”

Parker noted that not all clients are facing some form of financial distress. “Many clients simply find it more convenient to get all of their money at one time, rather than waiting several years.”

About the J.G. Wentworth family of companies

J.G. Wentworth, Inc., based in Bryn Mawr, PA, is the nation’s oldest, largest and most respected buyer of deferred payments for illiquid financial assets like structured settlements, annuities and, through dedicated subsidiaries, life insurance policies. Since 1992, J.G. Wentworth has purchased over $ 3 billion of future payment obligations from consumers and is also the nation’s largest securitizer of structured settlement and annuity backed notes. The company’s notes are rated AAA by Standard & Poor’s Corporation.

For more information about J.G. Wentworth, go to http://www.jgwentworth.com.







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The #1 Reason Consumers Sell Their Structured Settlements Is to Pay Bills, According to Survey by J.G. Wentworth : Current financial environment seen as catalyst for sales of ‘illiquid financial assets’

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BRYN MAWR, Pa. (PRWEB) October 28, 2008

The survey represents some of the most concrete insights on the attitudes of the estimated 2 million Americans who hold some $ 100 billion in structured settlements. Structured settlements were introduced in the U.S. in the 1970s as an alternative to lump sum settlements of legal claims.

“What these survey findings tell us is that consumers are looking to tap into the value of illiquid financial assets like structured settlements,” said Ken Murray, chief marketing officer for J.G. Wentworth. “Approximately 71% of the surveyed consumers selling all or part of their structured settlements have held them for more than 10 years, and we believe that the current financial environment will accelerate that trend.”

While structured settlements provide a stream of payments over a defined period, often people find they need access to their funds now, whether to address immediate financial needs like paying bills or to plan for the future by starting a business, financing home improvement or paying for college tuition for themselves or family members, Mr. Murray noted.

“Structured settlements are established for many different reasons, and attempt to take into account the potential future needs of the plaintiff while providing a reliable source of income,” Mr. Murray said. “Unfortunately, the inflexibility of this structure can make it difficult to adapt to life’s events. Selling part or all of a structured settlement offers consumers the financial flexibility they may need to deal with a problem or take advantage of an opportunity.”

About the J.G. Wentworth family of companies

J.G. Wentworth, Inc., based in Bryn Mawr, PA, is the nation’s oldest, largest and most respected buyer of deferred payments for illiquid financial assets like structured settlements, annuities and, through dedicated subsidiaries, life insurance policies. Since 1992, J.G. Wentworth has purchased over $ 3 billion of future payment obligations from consumers and is also the nation’s largest securitizer of structured settlement and annuity backed notes. The company’s notes are rated AAA by Standard & Poor’s Corporation.

For more information about J.G. Wentworth, go to http://www.jgwentworth.com.







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Woodbridge Investments LLC Announces Auction Site for Investments in Structured Settlement and Lottery Receivables

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New York, NY (PRWEB) April 27, 2009

Scott Schwartz, Vice President of Woodbridge Investments has today announced the launch of a new auction site to bring high yield investment opportunities to investors nationwide. Schwartz stated, “Up to now we would have never offered these investments to individual investors since our institutional demand was so strong.” But he added, “Due to the recent financial crisis and lack of a dependable securitization market, we are now offering these high yield investment opportunities to private investors in an auction format.”

Lottery winners and Structured Settlement recipients are usually paid in long, drawn-out monthly or annual payments. Woodbridge goes to court and gets a court-ordered assignment of these payments paid directly to the investors by either the state lottery commissions or by major insurance companies such as Allstate, Hartford, AIG or others.

Schwartz further added, “What better opportunity is there out there today? Court ordered directly into the investors name paid directly by insurance companies yielding up to 11%. I have never ever seen a default of a lottery payment by a state agency.”

Woodbridge and its predecessor companies have been purchasing lotteries and structured settlements since 1993. Woodbridge has helped thousands of people gain access to their future payments, allowing them to sell their annuity payments, structured settlements or lottery payments for cash now.

For more information about Woodbridge Investments, LLC or to make a high yield investment, contact Scott Schwartz at 866-865-7044.

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Woodbridge Structured Funding LLC Announces Second Quarter Results

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(PRWEB) August 13, 2009

Studio City, CA Buoyed by an insatiable investor appetite for Selling Structured Settlements and Lottery Payment investments, Woodbridge has reported record second quarter results. Scott Schwartz, executive vice president of Woodbridge announced, “Since the financial meltdown of fourth quarter we have seen incredible demand from both the selling side and investor side.

Our customers now have only one way of realizing cash and that is from the sale of their structured settlements or annuity. The days of refinancing and taking on new credit card debt are over as banks have cut way back and reduced credit lines and credit card limits for customers.”

Schwartz continued, “On the investor side since the securitization market collapsed and we switched over to marketing our products to private investors we have been inundated with investors seeking the safety and comfort of high yielding investments backed by “A” Rated insurance companies or state lotteries.”

Schwartz added, “Our product is one notch under treasury and yield 500 to 700 basis points more. It’s is no wonder that our product is flying out the door.”

Woodbridge Structured Funding LLC is a pioneer in the financial services industry. Over fifteen years ago, we innovated the purchase of future payments in return for a lump sum. Since 1993, Woodbridge Structured Funding LLC, its predecessor companies and founders, have bought hundreds of millions of dollars of lottery winnings, jackpots, structured settlements, annuities, mortgages and deeds of trusts–one satisfied customer at a time.

Woodbridge Structured Funding LLC can be found online at http://woodbridgeinvestments.com/

Press Contact:

Scott Schwartz

Woodbridge Structured Funding LLC

http://woodbridgeinvestments.com/

(866) 865-7044

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Structured Settlement Company Fairfield Funding Hires New General Counsel

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Stockbridge, GA (Vocus) December 4, 2009

Fairfield Funding is excited to announce the addition of Marc Harris, an attorney with almost 14 years of experience in the cash flow business with an emphasis on facilitating the purchase of structured settlement annuities and lottery prize assets, to their skilled team of financial service specialists. Fairfield Funding is a funding company that specializes in helping people receive cash for structured settlement, annuity, and lottery payments. In order to make sure every customer receives full compensation for their future settlement or lottery winnings, the Fairfield team strives to maintain a workforce that is dedicated to providing accurate information and exceptional service. Mr. Harriss abundant knowledge and outstanding reputation in the financial services industry undoubtedly makes him a great candidate for the position of General Counsel for Fairfield Funding.

Since 1996, Marc has worked as counsel in the asset securitization industry for two different companies that have processed over one billion dollars from those seeking to sell lottery winnings and structured settlement cash flows. He has extensive experience with each states legislative and regulatory process relating to the purchasing of these assets throughout the country. This knowledge is invaluable to the funding profession, because almost each state has its own specific law controlling the assignment of annuity or lottery winnings.

Marc is a 1992 graduate of Florida State University, and he earned his law degree from Nova Southeastern University in 1995. Aside from advising companies and their clients about smart and effective funding, Marc is also a professor of business law. His knowledge of structured settlement laws and experience teaching others make him the perfect fit for Fairfield Funding.

SFC Associates Expands Structured Items Skills With New Affiliate marketers

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New York, NY (PRWEB) Might 22, 2012

SFC Associates, a quick-developing securities and fiscal litigation consultancy, has expanded its structured items abilities with the addition of a few affiliates: Chi Lee, Robert Maroney and Professor Chester Spatt.

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Structured merchandise, which ended up at the heart of the financial crisis, have become a centerpiece of litigation expanding out of that disaster, said SFC Associates founder and President Ezra Zask. Our company has earned a solid status as an specialist in this region, and the addition of these exceptional people to our sturdy existing lineup of in-property specialists and affiliated experts assures that we remain a go-to litigation consulting firm in these kinds of situations.

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Transient biographies of the a few new affiliate marketers stick to:

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Chi Lee has consulted on a lot more than twenty structured goods-connected matters. His skills contains the structuring, pricing and buying and selling of complicated structured items this kind of as asset-backed collateralized financial debt obligations (Abdominal muscles CDOs) CDO-squared collateralized financial loan obligations (CLOs) and household and business mortgage-backed securities (MBS). As head of the Abs derivatives desk at UBS till 2008, Lee structured and traded bespoke goods that referenced portfolios of residential and professional MBS, as nicely as CDOs. Lee also structured the first hybrid synthetic CDO that was backed by an asset-backed collateralized default swap. Lee has an M.S. in arithmetic in finance from New York Universitys Courant Institute of Mathematical Sciences and a B.A. in economics and psychology from Dartmouth College.

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Robert Maroney has far more than twenty years of expertise as a mortgage loan finance expert and credit history analyst. Maroney supplies expertise in all facets of mortgage loan bank loan origination, underwriting and securitization, masking this sort of places as underwriting suggestions, guidelines and procedures federal and point out regulatory compliance and property valuation methods. Maroneys expertise at institutions like Credit rating Suisse, Goldman Sachs, Moodys Buyers Services and WaMu Funds Corp. contains coordinating financial loan stage credit rating, regulatory compliance, and home owing diligence for bulk complete loan purchases. Maroney has an M.B.A. in economics and a B.S. in finance, both from the Peter J. Tobin School of Business at St. Johns University.

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Chester Spatt is the Pamela R. and Kenneth B. Dunn Professor of Finance and Director of the Centre for Fiscal Marketplaces at Carnegie Mellon Universitys Tepper School of Company in Pittsburgh. During a extended and distinguished occupation, Professor Spatt has proven a reputation as a scholar in finance, including securities marketplaces. This involves knowledge in such regions as auction fee securities (ARS), which includes the use of ARS for municipal bonds, mounted-revenue valuation and hedging taxes economic markets and disclosure and regulation. Professor Spatt has also served as the Main Economist and Director in the Workplace of Economic Evaluation at the U.S. Securities and Trade Fee. He retains a Ph.D. and an A.M. in economics from the University of Pennsylvania and an A.B. in economics from Princeton College

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In the course of the past two several years, New York-based mostly SFC Associates has loved robust demand for its solutions from law firms, corporations and federal government organizations. In 2011, the organization was retained to give experience in more than a dozen new circumstances. In line with that expansion, SFC Associates has been ramping up its hiring and increasing its community of affiliates.

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About SFC Associates

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SFC Associates has been associated in the financial companies business for in excess of 20 a long time, delivering expert testimony and extensive litigation consulting services to legislation firms, companies and government agencies. The companies knowledge covers securities and complicated fiscal instruments, which includes structured merchandise and mortgage-associated securities hedge resources, non-public fairness and investment administration corporate finance banking and brokerage problems valuation of entities and securities and damages investigation. The firms founder and President, Ezra Zask, is an skilled witness with in depth experience in the hedge fund, expenditure management and banking industries, and the creator of guides on finance and investing. SFC Associates is headquartered in New York City.

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For more data, make sure you go to http://www.sfcassociates.com

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Thetica Programs Launches Cloud-Based Shipping System for Structured Finance Bond Analytics

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New York, NY (PRWEB) November 06, 2012

Thetica Techniques, a foremost company of analytical equipment for Structured Finance items, recently launched a cloud-based version of their infrastructure. By means of this new system, consumers are not required to lease or maintain focused servers for access, which translates to decrease charges and quicker implementation.

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CEO and co-founder Ariel Yankilevich states, “To process the huge amounts of info linked with RMBS, CMBS, CLO and CDO bonds, we have traditionally deployed our providers by means of placement of committed servers at client datacenters. While on-web site servers give a sturdy and safe resolution, they also increase the fees and established-up time. To more personalize our merchandise choices, we have engineered a protected and sturdy cloud-based mostly version of our system, which drastically minimizes client commence-up time and fees. This plug-and-play performance places the positive aspects of our Stomach muscles Explorer and Abdominal muscles Analytics merchandise instantly within get to for structured finance market contributors.”

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The firm studies that it is currently functioning with numerous data suppliers and cashflow state of affairs companies, such as CoreLogic and FiveBridges, in get to host their vectors on this cloud infrastructure. Cloud-primarily based clientele will be ready to flip on and off their obtain to these plug-and-enjoy modules by way of a straightforward month-to-month membership.

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People intrigued in a stay demonstration may possibly contact the company by phone at 727-724-4182 or e-mail Revenue(at)Thetica(dot)com. A latest Enterprise Working day movie on the company is also accessible.

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About Thetica Methods&#13

As Wall Avenue Securitization technologies pioneers, Thetica Programs understands the demands of Abdominal muscles marketplace contributors. Its clients include expense banking institutions, hedge resources, capital administration, brokers, dealers and other people that make investments in or monitor structured finance securities, with customers from traders and trading desks, analysis and item controllers to danger managers, regulatory reporting and IT.

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Thetica Techniques integrates customer-accredited data from Intex, IDC, BlackBox, CoreLogic (Loan Functionality and their predictive vectors), Bloomberg (through the Backoffice info feed), Five Bridges (predictive vectors), Lewtan/Abs.Net, MarkIt and Reuters (equally pricing knowledge for CLO NAV), Opera Options, Equifax (enhanced mortgage stage data), Regular &amp Poors, TransUnion, AdCo and Trepp.

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Thetica from the Greek letter theta which indicates Thought, Life Force and Explanation and the word etica which signifies Ethics. Imagined, reason and ethics are essential factors of any profitable company and commitment to this idea is embedded in the companys title.

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