Posts Tagged ‘Financial’

RoundPoint Financial Group Acquires $603 Million in Residential Mortgage Loans from FDIC

CHARLOTTE, N.C., Dec. 23, 2010 /PRNewswire/ — RoundPoint Financial Group officially announced today that that it has purchased a 40 percent stake of a $603 million mortgage loan portfolio from the Federal Deposit Insurance Corporation (“FDIC”) in conjunction with RBS Financial Products Inc.  

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Chrysler Financial takeover welcomed

WINDSOR, Ont. — Toronto-Dominion Bank’s purchase of Chrysler’s former lending arm will provide Canadian dealers and consumers with more choice when it comes to auto financing, says the bank’s head of Canadian operations.

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Siemens Expands Energy & Project Finance Offering to Include Infrastructure Lending

ISELIN, N.J., Dec. 21, 2010 /PRNewswire/ — Siemens Financial Services, Inc. (SFS Inc.), the U.S. unit of Siemens’ Financial Services division, recently announced it will be expanding its energy and project finance offering to include infrastructure lending through senior secured and other debt fina

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Secret Financial Weapons of the Super-Rich

When it comes to investing successfully, the rich have big advantages: a wealth of diversification opportunities, chance to get in early on promising stock investments, tips from other well-connected, powerful individuals, and the best advice on taxes, insurance, and investing that money can buy

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Carillon Capital Partners and Blue Bridge Financial Announce Partnership to Serve Financial Institution Industry

TYSONS CORNER, Va. & BUFFALO, N.Y.–(BUSINESS WIRE)–Carillon Capital will utilize the expertise of Blue Bridge Financial, within the banking and asset based lending industry, in conducting a broad range capital market activities.

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AP Source: Banks interested in Chrysler Financial

A person briefed on the matter says that several big banks are in talks with Chrysler Financial to buy a stake in automaker’s old lending arm.

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NMFLA.com – National Mortgage Forensic Loan Auditors, Featured as Premier Loan Audit Firm to Estate Attorneys and Private Banking Institutions Now Associated Under Fidelity Financial Group.

BEVERLY HILLS, Calif., Dec. 1, 2010 /PRNewswire/ — National Mortgage Forensic Loan Auditors (www.nmfla.com) and Fidelity Financial Group, America’s leading real estate finance and mortgage loan audit experts, were recently featured in the press showcasing the one big business idea given to business

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Saab Cars North America Selects Ally Financial as Recommended Provider of Vehicle Service and Maintenance Products

DETROIT, Nov. 15, 2010 /PRNewswire/ — Ally Financial has been selected as the recommended provider of finance and insurance (F&I) products and services for Saab dealerships in the U.S.   Ally Financial will offer its Repair Advantage line of vehicle service and maintenance contracts to cus

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Ambac Financial Group Bankruptcy and Regulator’s Rehabilitation Plan Prove Ambac Policyholders Are Not Being Protected, Says RMBS Policyholders Group

NEW YORK–(BUSINESS WIRE)–The RMBS Policyholders Group said that the events of the past 48 hours have demonstrated clearly that the Wisconsin Office of the Commissioner of Insurance (“OCI”) failed in its statutory duty to protect policyholders of Ambac Assurance Corporation (“Ambac”), and actively participated in an arrangement that will divert billions of dollars of tax attributes from the insurance company that it is charged with regulating. The bankruptcy filings of Ambac’s parent, Ambac Fin

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Leading Financial Services Company Selects Kofax for Enterprise Wide Capture

IRVINE, Calif.–(BUSINESS WIRE)–Kofax plc (LSE: KFX), the leading provider of document driven business process automation solutions, today announced it has been selected to provide a leading financial services company with an enterprise wide capture solution. The value of the contract to Kofax exceeds $800,000. The customer, a provider of commercial and retail banking, investment and mortgage services with more than $30 billion in assets, will implement Kofax Capture and Kofax Transformation Mo

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