The Lifeline Program

ATLANTA (PRWEB) October 14, 2008

The industry’s overall growth is also garnering attention, according to Wm. Scott Page, president and CEO of The Lifeline Program. Last week, the size of the industry was reported to have doubled in 2007 to $ 12 billion in face value of life insurance policies sold.

“As financial conventions fall by the wayside, the life settlement industry looks more attractive than ever,” said Wm. Scott Page, president and CEO of The Lifeline Program. “We believe that major financial institutions will soon begin taking a harder look at this industry, and we believe our company is well-positioned. To that end, we are seeking serious financing relationships to help capitalize on the business potential.”

According to Page, life settlements are gaining momentum for the following reasons:

Non-correlated assets can generate an attractive yield. The markets have little effect on life settlement yields. One of the key aspects of a life settlement is that the investor earns a payout on the demise of the policyholder. The strength or weakness of the stock market does not impact the life settlement arena. Life settlement assets are backed by highly rated financial institutions. Life settlements are performed on policies held by carriers with A.M. Best ratings of “A” or better, so the payouts are regulated and solid. Trading platforms exist. Several “household name” institutions have developed or are developing platforms to trade life settlement policies and portfolios. Securitization is on the horizon. Though it may not be this year, securitization is definitely in the future for life settlements. Portfolio analysis comprising the past several years proves that life settlement portfolios will perform predictably and generate consistent cash flow. Third party tracking, servicing and underwriting simplify the investment. In a sign of a maturing industry, life settlements are not necessarily managed by one-stop shops anymore. The size and scope has made it profitable for third party companies to manage tracking, servicing and some underwriting, thus easing entry by financial players. “For years we have said that life settlements are a safe haven during times of market uncertainty,” said Page. “The potential for our industry has never been greater.”

The Lifeline Program, based in Atlanta, Ga., is a division of Wm. Page & Associates, Inc. Founded in 1989, the company actively partners with insurance agencies and broker dealers to establish profitable and ongoing life settlement business lines. For more information on life settlements, contact Wm. Page of The Lifeline Program at 770-724-7300 or visit

Financial Institutions Group Global Head Ruth Porat to Keynote Wharton School Finance Conference 2009

Philadelphia, PA (PRWEB) November 11, 2009

Ruth Porat, Global Head, Financial Institutions Group, Morgan Stanley will join the tenth annual Wharton Finance Conference as a Keynote Speaker. The conference, organized by students of the Wharton School of the University of Pennsylvania, will be held at the Park Hyatt at Bellevue in Philadelphia on Nov. 20, 2009. Throughout the current financial crisis, Ms. Porat has been responsible for the Firm’s coverage of financial institutions and governments globally.

The Wharton Finance Conference, whose theme is “Looking Forward: Finance in a New Horizon.” will include panel discussions on such issues in Corporate Social Responsibility vs. Government Regulation, the Increased Competitiveness of Services Firms, International Opportunities, Infrastructure Finance, Financing Growth, Financial Innovation in the 21st Century: Sales & Trading Perspective, Careers in Finance: Recruiting in a Tough Economic Environment. Participants can look forward to a conglomeration of the best minds in business and meeting with intellectual and experienced experts.

Keynote speakers at the Wharton Finance Conference 2009 include:

— Ms. Ruth Porat Global Head, Financial Institutions Group, Morgan Stanley, Vice Chairman, Investment Banking Division

— Mr. Tony Ehinger, Managing Director of Credit Suisse,

Co-Head, Global Securities, Investment Banking Division

Other scheduled conference participants include:

— James R. Tanenbaum , Partner, Morrison & Foerster and Chair of the firms Global Capital Markets practice

— Andrew Ross Sorkin, Chief Mergers and Acquisitions Reporter and Columnist, The New York Times

— Rodolfo L. Molina, Managing Director, Head of Southern Latin America, UBS Investment Bank

— Rob Collins, Managing Director and Head of Infrastructure Banking for the Americas, Greenhill & Co.

— Vikram Pant, Managing Director, IDFC Project Equity

— Jonathan Turnbull, Head of Infrastructure Investment Banking, Citigroup

— Ed Rubin, Head of Cross Rate and Securitized Product Sales (Deutsche Bank)

— Devin O’Reilly, Principal, Bain Capital

The Wharton School of the University of Pennsylvania — founded in 1881 as the first collegiate business school — is recognized globally for intellectual leadership and ongoing innovation across every major discipline of business education. The most comprehensive source of business knowledge in the world, Wharton bridges research and practice through its broad engagement with the global business community. The school has more than 4,700 undergraduate, MBA, executive MBA, and doctoral students; more than 10,000 annual participants in executive education programs; and an alumni network of more than 85,000 graduates.

Further information on the conference can be found at:

Members of the media are invited to attend, but pre-registration is required.

Wharton School of the University of Pennsylvania

Media inquiries:

Peter Winicov (Wharton Communications Office)

Telephone: 1-215-746-6471


General inquiries:

Haoying Sun (Finance Conference student team)

Telephone: 1-215-485-1831


Related Securitization Press Releases

Accredited Securitization Analysis Re-Makes and Expands Solution Choices in the Wake of new Judgments vs. Financial institutions in Wrongful Foreclosures and Illegal Financial debt Selection Techniques

San Francisco, California (PRWEB) May possibly seventeen, 2012

CSA, LLC (previously Qualified Securitization Examination, LLC), the top useful resource for consumers in financial debt has re-branded and released their new site at Giving an expanded suite of products which will empower customers in the struggle towards wrongful, and in several circumstances illegal personal debt collection, CSA, LLC now provides securitization audits and analysis masking not only Industrial and Household Actual Estate Financial loans but also Credit history Playing cards, Retail Installment Agreements i.e. Automobile Loans and Pupil Loans.


With over 600* million credit cards currently in circulation in the US by yourself and the common credit history card personal debt for every home standing at near to $ sixteen,000**, a lot of customers are now defaulting on their credit cards. Similar to sub key mortgage lenders, credit rating card issuers have been seeking to improve revenue by lending to individuals who are financially vulnerable and then spreading the hazards by offering off securities based on credit card receivables. The fiscal crisis has lowered homes obtain to credit score, undermining the competitiveness of the credit rating card business. Therefore, credit score card businesses are more most likely to be in a position to demand increased rates without losing all of their clients. Credit rating card businesses will have no incentive to conduct correct underwriting of new accounts, considering that losses can be spread between the existing account holders who have fewer opportunities to alter playing cards. If underwriting is tainted in these conditions, then the securitization procedure is compromised and retains the very same pitfalls as mortgage backed securitization, which prospects to deficiency of standing by the banks and causes wrongful financial debt collection to proceed unmonitored. The buyer loses accordingly.


In the circumstance of retail installment agreements, the automobile bank loan is the most related illustration to mortgage backed securities. Automobile dealerships have often securitized a sizeable part of their customers’ automobile loans – that is, bundling many loans from purchasers into a protection and then promoting the protection as a entire to a larger corporation. Securitizations permit a financial institution to take away credit card debt from its publications and promote them to greater monetary establishments. Not too long ago, numerous automobile purchasers have documented that their interest prices and month to month payment ideas modified as soon as their loans grew to become part of a securitized portfolio. Buried in the fine print of the car financial loan were conditions and circumstances that authorized the securitized portfolio’s supervisor to make these adjustments, and precluding the borrower or auto purchaser from contesting the modify.


Considering that no direct interaction takes place amongst the customer and the large firm that will take more than the bank loan (clients are frequently unaware that their loans had been securitized at all), automobile salesmen have been accused of fabricating the client’s financials in order to near a deal. A latest situation highlighted a single specific whose monthly payments enhanced to $ 425 a thirty day period from $ 250 following their bank loan was portion of a portfolio syndicated to a countrywide bank simply because the dealership had transformed his income details. Living on just $ 800 month to month Social Security disbursement, this individual could not potentially have competent for the loan.


In addition, student debt has now become a nightmare for People in america with the likely to explode as the up coming main US financial crisis as students and personnel searching for retraining in a tough economic market place are borrowing incredible quantities of income via federal and non-public loan applications to aid protect the climbing expense of university and education. Currently out of the $ 1Trillion college student bank loan debt on the books, $ 300 Billion of that debt is currently thirty times or much more earlier because of.


CSA, LLC has recognized that the monetary institutions are now foreclosing on The united states and are not supporting Individuals solve their fiscal financial debt crisis. Were on the securitization roller-coaster and its likely off the tracks quickly as customers plunge further and deeper into financial debt and greedy monetary establishments carry on their wrongful financial debt collection methods. claims Adam J. Meyer, CEO of CSA, LLC. The credit card provisions that have been determined as unfair, misleading, and anticompetitive are not only sending American people more into personal debt, but standing in the way of financial recovery. The financial downturn and financial disaster have accelerated the adverse impacts of these methods on consumers, modest companies and our economic climate as a complete. CSA LLCs new suite of merchandise offerings seeks to battle these monetary establishments wrongdoings and give America again to the buyers. This is our nation and we are not willing to give it up to the banksters.


Previously known as a stalwart in home loan securitization, this new suite of merchandise will additional increase CSA LLCs position in the financial debt collection area and assist the hundreds of thousands of US shoppers who are saddled with unsurmounting credit card, retail installment and pupil bank loan financial debt. It will only take 1analysis from CSAs new merchandise giving suite to put homeowners and people in debt on the right path to reclaiming their properties and guarding by themselves from the wrongful foreclosures and personal debt collection methods of the monetary establishments.


*Supply: “The Survey of Consumer Payment Selection,” Federal Reserve Lender of Boston, January 2010&#thirteen

**Calculated by dividing the overall revolving personal debt in the U.S. ($ 801. billion as of December 2011 information, as shown in the Federal Reserve’s February 2012 report on customer credit rating) by the approximated quantity of households carrying credit score card financial debt (fifty.2 million)


About CSA, LLC:&#13

Started in 2010, CSA, LLC is the major resource for shoppers in debt. Our audits and examination empower buyers and/or their lawful advisors with powerful and actionable methods to defend towards wrongful, and in several cases unlawful financial debt assortment. Our audits and evaluation cover Commercial and Residential Actual Estate Financial loans, Credit rating Playing cards, Retail Installment (Car Loans and Pupil Bank loan) Agreements. For much more info and a free of charge debt investigation and analysis of your existing situation, you should see or get in touch with CSA, LLC at income(at)1analysis(dot)com or call one-888-715-0060.