Securitization

Seward & Kissel to Host 2021 Blockchain Symposium on November 10

Wednesday, October 20, 2021 - 2:00pm

Seward & Kissel will host its inaugural Blockchain Symposium virtually on Wednesday, November 10.

Key Points: 
  • Seward & Kissel will host its inaugural Blockchain Symposium virtually on Wednesday, November 10.
  • The Symposium will highlight thought-provoking discussions with industry leaders addressing timely challenges impacting the blockchain and cryptocurrency industries, and will include a keynote address by Anthony Scaramucci, founder and co-managing partner of SkyBridge.
  • The first bitcoin futures ETF has begun trading on the NYSE, and it is just the first domino to fall.
  • The Seward & Kissel SKrypto blog covers cryptocurrency and blockchain news alongside heart-of-the-matter analysis and interviews with industry insiders.

Academy Award-Nominated "Ratatouille" Writer Set to Direct "The Inventor" In Association with Leveller Media, the First Fan-Owned Blockchain and NFT Entertainment Studio

Tuesday, October 19, 2021 - 8:43pm

The film is written and directed by Jim Capobianco, the Academy Award-winning writer of the Pixar hit film "Ratatouille."

Key Points: 
  • The film is written and directed by Jim Capobianco, the Academy Award-winning writer of the Pixar hit film "Ratatouille."
  • Oscar-Nominated 'Wolfwalkers' Director Tomm Moore recently joined the project as well, to direct the 2D sequences of the film.
  • A new animated movie about Leonardo da Vinci has fans buzzing about Leveller and decentralized film financing.
  • Leveller seeks to disrupt the entertainment industry by allowing the public to invest in entertainment they want to see through Decentralized FIlm Financing .

BTIG Launches New Structured Product Business

Monday, October 18, 2021 - 1:30pm

BTIG announced today that the firm has hired several industry leaders and senior product specialists to launch a new Structured Product business from within BTIGs Fixed Income, Currency and Commodities division.

Key Points: 
  • BTIG announced today that the firm has hired several industry leaders and senior product specialists to launch a new Structured Product business from within BTIGs Fixed Income, Currency and Commodities division.
  • Additionally, Conor O'Callaghan, Michael Murray and Emily Brown join BTIG as part of the Structured Product sales and trading team.
  • BTIG Structured Product professionals will be focused on secondary trading as well as facilitating new issue for a wide range of products and client segments including banks, hedge funds, institutional money managers, insurance providers and more.
  • Our expansion into structured credit products is another key development in the diversification of our trading platform, commented Anton LeRoy, President of BTIG.

Phoenix American Announces New Client Real Estate Fund Sponsor NAI Legacy

Thursday, October 14, 2021 - 1:34pm

SAN RAFAEL, Calif., Oct. 14, 2021 /PRNewswire/ -- Phoenix American is pleased to announce its new client partnership with real estate investment management firm NAI Legacy .

Key Points: 
  • SAN RAFAEL, Calif., Oct. 14, 2021 /PRNewswire/ -- Phoenix American is pleased to announce its new client partnership with real estate investment management firm NAI Legacy .
  • Phoenix American will support NAI Legacy with its industry-leading investor services platform featuring the STAR-XMS shareholder management / transfer agent system.
  • NAI Legacy is a full-service commercial real estate firm specializing in tax-efficient real estate investment solutions.
  • NAI Legacy is focused on commercial real estate investments, brokerage, net lease (NNN) properties, property management, asset management, and private client solutions.

Arbor Private Label Mortgage Lender Closes $535 Million Multifamily Mortgage Loan Securitization

Wednesday, October 13, 2021 - 9:10pm

UNIONDALE, N.Y., Oct. 13, 2021 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (Arbor) (NYSE:ABR) today announced the closing of a multifamily mortgage loan securitization totaling approximately $535 million (the Securitization).

Key Points: 
  • UNIONDALE, N.Y., Oct. 13, 2021 (GLOBE NEWSWIRE) -- Arbor Realty Trust, Inc. (Arbor) (NYSE:ABR) today announced the closing of a multifamily mortgage loan securitization totaling approximately $535 million (the Securitization).
  • Arbor affiliate Arbor Private Label, LLC, originated the mortgage loans and was the loan seller and sponsor for the Securitization.
  • The Securitization is the third for the Arbor Private Label multifamily mortgage loan securitization program.
  • The Securitization is backed by a pool of 30 fixed rate mortgage loans secured by first priority mortgage liens on 48 multifamily properties.

Concord Servicing reports Contact Center customer success metrics

Tuesday, October 12, 2021 - 9:49pm

Scottsdale, AZ, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Concord Servicing Corporation is seeing consistently high customer service satisfaction since implementing its new Genesys Cloud-powered collections call center system last summer.

Key Points: 
  • Scottsdale, AZ, Oct. 12, 2021 (GLOBE NEWSWIRE) -- Concord Servicing Corporation is seeing consistently high customer service satisfaction since implementing its new Genesys Cloud-powered collections call center system last summer.
  • Better customer interactions and billpaying convenience are driving up customer satisfaction ratingswhich is leading to improved collections and better portfolio performance.
  • Following are important tips fueling contact center successand that can be applied to help achieve optimum customer service outcomes for businesses:
    1.
  • State-of-the-art contact center technology must create value for consumers and contact center reps alike.

Regional Management Corp. Announces Closing of $125 Million Private Asset-Backed Securitization

Tuesday, October 12, 2021 - 9:15pm

Regional Management Corp. (NYSE: RM), a diversified consumer finance company, announced today that it has closed a $125 million private asset-backed securitization with a large institutional investor.

Key Points: 
  • Regional Management Corp. (NYSE: RM), a diversified consumer finance company, announced today that it has closed a $125 million private asset-backed securitization with a large institutional investor.
  • The debt consisted of:
    $44.3 million on the companys $640 million senior revolving credit facility,
    $88.4 million on the companys aggregate $300 million revolving warehouse credit facilities, and
    $884.7 million through the companys asset-backed securitizations.
  • Regional Management operates under the name Regional Finance in more than 360 branch locations in 13 states across the United States.
  • Regional Management is not responsible for changes made to this document by wire services or Internet services.

Leveller Media Launches Global Investment Offering to Revolutionize New Ways to Raise Film Financing and Make Movies Using NFT and Blockchain

Monday, October 4, 2021 - 10:45pm

LOS ANGELES, Oct. 4, 2021 /PRNewswire/ -- Leveller Media , a global entertainment studio and platform, has launched its Digital Security Offering.

Key Points: 
  • LOS ANGELES, Oct. 4, 2021 /PRNewswire/ -- Leveller Media , a global entertainment studio and platform, has launched its Digital Security Offering.
  • The firm seeks to enable fair and open entertainment financing by connecting creators, investors, and fans.
  • Powered by AI and blockchain technology, Leveller aims to disrupt the entertainment industry by freeing access to capital for creatives and making viewers active investors.
  • Investors participating in the Leveller offering will receive a pro rata equity stake in Leveller and pro rata revenue participation in the first three films being produced.

Mayer Brown Named "European Law Firm of the Year - Transactions" at GlobalCapital 2021 Global Derivatives Awards

Thursday, September 30, 2021 - 9:00am

LONDON, Sept. 30, 2021 /PRNewswire/ -- For the second year in a row, and the fourth time in the last six years, Mayer Brown has been named "European Law Firm of the Year Transactions" at the 2021 Global Derivatives Awards hosted by GlobalCapital.

Key Points: 
  • LONDON, Sept. 30, 2021 /PRNewswire/ -- For the second year in a row, and the fourth time in the last six years, Mayer Brown has been named "European Law Firm of the Year Transactions" at the 2021 Global Derivatives Awards hosted by GlobalCapital.
  • The awards spotlight the leading firms, services and products in the global derivatives markets.
  • The firm previously was awarded GlobalCapital's "European Law Firm of the Year Transactions" award in 2020, 2018 and 2017; "European Law Firm of the Year Regulatory" award in 2016 and GlobalCapital's "Global Law Firm of the Year (Overall)" award in 2019.
  • In 2020 and 2021, Mayer Brown also was named "US Law Firm of the Year Transactions," following our win as "Americas Law Firm of the Year (Overall)" in 2019 and 2018, and "US Law Firm of the Year Regulatory" in 2017 and 2016 atGlobalCapital'sAmericas Derivatives Awards.

Mayer Brown Named "European Law Firm of the Year - Transactions" at GlobalCapital 2021 Global Derivatives Awards

Thursday, September 30, 2021 - 9:00am

LONDON, Sept. 30, 2021 /PRNewswire/ -- For the second year in a row, and the fourth time in the last six years, Mayer Brown has been named "European Law Firm of the Year Transactions" at the 2021 Global Derivatives Awards hosted by GlobalCapital.

Key Points: 
  • LONDON, Sept. 30, 2021 /PRNewswire/ -- For the second year in a row, and the fourth time in the last six years, Mayer Brown has been named "European Law Firm of the Year Transactions" at the 2021 Global Derivatives Awards hosted by GlobalCapital.
  • The awards spotlight the leading firms, services and products in the global derivatives markets.
  • The firm previously was awarded GlobalCapital's "European Law Firm of the Year Transactions" award in 2020, 2018 and 2017; "European Law Firm of the Year Regulatory" award in 2016 and GlobalCapital's "Global Law Firm of the Year (Overall)" award in 2019.
  • In 2020 and 2021, Mayer Brown also was named "US Law Firm of the Year Transactions," following our win as "Americas Law Firm of the Year (Overall)" in 2019 and 2018, and "US Law Firm of the Year Regulatory" in 2017 and 2016 atGlobalCapital'sAmericas Derivatives Awards.