Liens

IAA and Dealertrack Expand Strategic Agreement for Electronic Registration and Title to Ohio

Retrieved on: 
Wednesday, June 9, 2021

IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, today announces an enhanced strategic agreement with Dealertrack to provide electronic registration and titling services in Ohio through facilitating the digital transfer of total loss titles.

Key Points: 
  • IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, today announces an enhanced strategic agreement with Dealertrack to provide electronic registration and titling services in Ohio through facilitating the digital transfer of total loss titles.
  • Twenty-five (25) states offer Electronic Lien and Title solutions (ELT) and 29 allow electronic registration and titling (ERT), including Ohio, which is eligible to transfer total loss titles digitally.
  • Prior to the collaboration in Ohio, IAA and Dealertrack Registration and Title Solutions announced a strategic agreement in July 2020 when North Carolina passed a bill to become the 25th state to offer ELT services.
  • This IAA and Dealertrack collaboration has the potential to expedite back-office workflow and improve deal efficiency by leaps and bounds.

DDI Technology Announces Entry into Michigan Electronic Lien and Title Market

Retrieved on: 
Thursday, February 25, 2021

DDI Technology (DDI), a leading electronic vehicle title and registration technology firm and a subsidiary of IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the expansion of its electronic lien and title (ELT) services and Premier eTitleLien product into the state of Michigan.

Key Points: 
  • DDI Technology (DDI), a leading electronic vehicle title and registration technology firm and a subsidiary of IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers, announces the expansion of its electronic lien and title (ELT) services and Premier eTitleLien product into the state of Michigan.
  • DDI has 22 years of experience bringing its industry-leading ELT solutions to lenders across the U.S., said Troy Moore, DDI Technology Senior Director and Head of Business Development.
  • DDIs Premier eTitleLien solution streamlines lenders title and lien release management, simplifying the title process by reducing fraud and errors while allowing lenders to eliminate paper title storage, such as lien cards, and receive quicker confirmation of lien placement.
  • The platform provides electronic lien processing, including electronic filing of liens for certain refinance transactions available through the Michigan ELT program.

Unique Exchange Inc Brings Investing of Property Tax Liens to the Next Level

Retrieved on: 
Wednesday, July 8, 2020

SAN FRANCISCO, July 8, 2020 /PRNewswire/ -- Unique Exchange announces the beta launch of its digital exchange to revolutionize the $25B US Property Tax Lien market.

Key Points: 
  • SAN FRANCISCO, July 8, 2020 /PRNewswire/ -- Unique Exchange announces the beta launch of its digital exchange to revolutionize the $25B US Property Tax Lien market.
  • "As a longtime tax lien investor, I saw first hand that tax liens make a solid investment, especially now, as we are entering a deep recession.
  • At Unique Exchange, we saw a real need for a digital exchange to service the primary and secondary tax lien markets for sophisticated investors," said Victor Vilmont, President and CEO of Unique Exchange.
  • Unique Exchange Inc (Unique Exchange) solves the market inefficiencies with a digital exchange for tax liensboth the primary and secondary markets.

DDI Technology Partners with the Indiana Bankers Association

Retrieved on: 
Thursday, June 25, 2020

DDI Technology (DDI) a leading electronic lien and title technology firm and a subsidiary of IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers announced today a partnership with the Indiana Bankers Association (IBA).

Key Points: 
  • DDI Technology (DDI) a leading electronic lien and title technology firm and a subsidiary of IAA, Inc. (NYSE: IAA), a leading global digital marketplace connecting vehicle buyers and sellers announced today a partnership with the Indiana Bankers Association (IBA).
  • Driving efficiency, cost-savings, and fraud prevention, DDIs technology provides complete title management solutions for lenders motor vehicle title portfolio.
  • DDI Technology offers the nations leading electronic lien and title technology, directly integrated with over 5,200 financial institutions, as well as the Department of Motor Vehicles of 26 states, said Ann Gunning, DDI Vice President Operations.
  • In this release, such forward-looking statements include statements regarding the expected timing and associated benefits of the partnership with the Indiana Bankers Association to our customers and company generally.

TerraPro Solutions Provides Due Diligence, Title Curative and Closing Support to BayWa r.e. for Tax Equity and Third-Party Construction Financing for Fern Solar Project

Retrieved on: 
Wednesday, April 29, 2020

SAN DIEGO, April 29, 2020 /PRNewswire-PRWeb/ -- TerraPro Solutions provided comprehensive real estate and risk mitigation support for the Fern Solar project.

Key Points: 
  • SAN DIEGO, April 29, 2020 /PRNewswire-PRWeb/ -- TerraPro Solutions provided comprehensive real estate and risk mitigation support for the Fern Solar project.
  • TerraPro also provided expert transaction guidance from inception to closing, navigating North Carolina's complex mechanic's lien prerequisites, to satisfy lender and title company requirements.
  • Through its efforts, the lease, title curative documentation and title policies were secured, thus ensuring the debt and equity financing due diligence required to start construction.
  • has secured tax equity and construction financing for its Fern Solar project in Edgecombe County, North Carolina.

Ferrellgas, L.P. Announces Pricing of $125 Million of its 10.000% Senior Secured First Lien Notes Due 2025

Retrieved on: 
Monday, April 13, 2020

The Issuers offered and priced $575 million aggregate principal amount of their 10.000% senior secured first lien notes due 2025 (the Initial Notes) on April 8, 2020.

Key Points: 
  • The Issuers offered and priced $575 million aggregate principal amount of their 10.000% senior secured first lien notes due 2025 (the Initial Notes) on April 8, 2020.
  • The Additional Notes will be governed by the same indenture, and will have the same terms, as the Initial Notes.
  • The Additional Notes will be senior secured first lien obligations of the Issuers and will be guaranteed on a senior secured first lien basis by Ferrellgas Partners, L.P., Ferrellgas, Inc. and each existing and future subsidiary of the Company, subject to certain exceptions.
  • The Issuers intend to use the net proceeds from the Add-on Offering for general corporate purposes.

KBRA Assigns Preliminary Ratings to NYCTL 2019-A Trust

Retrieved on: 
Wednesday, October 9, 2019

Kroll Bond Rating Agency (KBRA) announces the preliminary ratings on the bonds of NYCTL 2019-A Trust, a property tax lien ABS transaction.

Key Points: 
  • Kroll Bond Rating Agency (KBRA) announces the preliminary ratings on the bonds of NYCTL 2019-A Trust, a property tax lien ABS transaction.
  • This transaction represents the 25th sale and subsequent term securitization of tax liens by The City of New York (the City).
  • The preliminary ratings are based on information known to KBRA at the time of this publication.
  • Information received subsequent to this release could result in the assignment of final ratings that differ from the preliminary ratings.

Wolters Kluwer’s Lien Solutions Wins Two Prestigious Industry Awards

Retrieved on: 
Friday, August 30, 2019

Wolters Kluwers Lien Solutions has earned two major industry awards for its iLien Motor Vehicle product innovation, winning a Gold-level Globee Award in the Fintech, Information Technology Innovation category as well as an International Business Awards (IBA) Bronze-level Stevie Award in the Best Financial Services Solution category, respectively.

Key Points: 
  • Wolters Kluwers Lien Solutions has earned two major industry awards for its iLien Motor Vehicle product innovation, winning a Gold-level Globee Award in the Fintech, Information Technology Innovation category as well as an International Business Awards (IBA) Bronze-level Stevie Award in the Best Financial Services Solution category, respectively.
  • These recognitions mark the third and fourth award accolades bestowed this year on iLien Motor Vehicle, and the seventh industry award in 2019 for the Lien Solutions business.
  • Our longstanding leadership in lien management served as catalyst behind iLien Motor Vehicle, said Raja Sengupta, Executive Vice President and General Manager of Wolters Kluwers Lien Solutions.
  • Wolters Kluwers Lien Solutions is the market leader, processing one in every three UCC financing statements filed in all U.S. jurisdictions.