IMS Expert Services Forms Financial Crisis Expert Practice Group

Pensacola, FL (PRWEB) November 10, 2008

IMS ExpertServices, the global leader in expert witness search services, announced today the formation of a Financial Crisis Expert Practice Group. IMS assembled the team to provide experts needed during fallout from the current economic crisis.

“IMS ExpertServices has years of experience locating, vetting and placing financial industry experts,” said President Bill Wein. “Since the start of the year we’ve been monitoring movement in the markets. We’ve identified five areas of concentration where we anticipate a strong demand for best of class experts for the financial services sector: mortgage-backed securities, particularly securitization of subprime mortgage loans; other undersecured asset-backed securities, particularly resulting from credit card securitization; interest rate swaps and other derivatives; municipal bonds; and executive compensation matters. Our Financial Crisis Expert Practice Group stands ready to assist our clients with these and other financial sector issues.”

IMS provides expert witnesses for attorneys at over 90 of the AmLaw 100 law firms, as well as top notch regional boutique firms. Though some clients may be accustomed to thinking of IMS as the best resource for technical experts for patent infringement litigation, in fact IMS has deep experience with the financial services sector. IMS experts have worked on some of the largest bankruptcies in the past several years including WorldCom, Enron, Iridium and other significant cases in the courts.

While IMS is skilled in these business segments, so are its experts. “We’ve identified individuals of significant expertise prepared to opine on matters arising from credit and finance litigation,” said Mike Wein, IMS’s CEO. “First class experts are always a finite resource. Our Financial Crisis Expert Practice Group is designed to ensure our clients have the expert witness resources they need when they face challenges arising from the economic situation.”

About IMS

IMS ExpertServices is the legal industry’s premier expert witness search firm, proudly serving over 90 of the firms on the AmLaw 100, American Lawyer Magazine’s ranking of the 100 largest and most profitable law firms in the U.S. With offices in Denver and Atlanta and headquartered in Pensacola, IMS provides the most qualified experts and litigation consultants to attorneys representing clients in business-to-business litigation. More than 300 law firms and 1800 attorneys worldwide partner with IMS ExpertServices to meet their expert witness and litigation consultant needs. For more information call 877.838.8464.

Media inquiries, please contact:

Deborah Brousseau

Manager, Internet Marketing

IMS Expert Services



Equity Based Services, Inc. Thaws Credit Freeze

Chicago, IL (PRWEB) November 12, 2008

Equity Based Services, Inc. (“EBS”) announced an equity recapitalization of its AMS IV Self Storage facility in Austin, TX. The property was originally financed by a large European Bank and was refinanced with a Regional Midwestern Lender.

“Lenders are definitely more cautious than they were a year ago, but, we are still closing loans. We are placing debt not only on new acquisitions, but also on existing projects which are generally more difficult to finance. The fact that EBS paid back the original note and placed new debt with a new lender shows that there are still loan dollars available to strong sponsors with strong projects,” states Troy Downing, Principal, Equity Based Services, Inc.

Many Regional Banks have fared well in the face of failing National and International Banks. Regional banks tend to be portfolio lenders and have not been affected as much by the sub-prime and securitized loan industries. Consequently, these Banks still have liquidity and are still placing new debt.

The loan on AMS IV Austin is a three year note with a floating rate based on prime. The starting interest rate is 6% and the loan is Interest-Only for the first 2 years and amortizes in the 3rd year. The loan was facilitated through Tavernier Capital Partners.

“Texas is one of the top performing states in the Country for Self Storage. The fact that we have lending relationships all over the country has enabled our company to continue to secure favorable debt for our clients in the current challenging financing environment. We have found lenders to be receptive and eager to finance well situated Self Storage facilities with experienced well capitalized sponsors such as EBS,” states Saul Hoppenstein, Principal Tavernier Capital Partners.

“The financing terms, rates, and Interest-Only period that we were able to secure on this property allows a very strong cash flowing property to support strong returns to our investors. This property is cash flowing now and is expected to pay investors a strong 8% return in cash flow. Pro forma projections show this project yielding more than 20% per year upon repositioning and eventual sale. The ‘all-in’ return takes into account projected increases in NOI and property appreciation. In down and troubled economies, well positioned Self Storage assets continue to perform,” states Stephen Kaplan, CEO, Equity Based Services, Inc.

In 2008, EBS has acquired 15 new facilities. The vast majority of these were purchased with new debt and only a couple of these were loan assumptions. The availability of debt has a strong effect on Real Estate Markets. The refinancing of AMS IV Austin shows that there still is debt available for Commercial Real Estate deals.

“Cash flow real estate is becoming more and more of a commodity as investors look for safe investment vehicles that produce income and are not subject to Stock Market volatility. Self Storage allows strong cash flow returns with the security of a Real Estate backed asset. 2009 should be a banner year in the Self Storage Industry,” states Troy Downing

About Equity Based Services, Inc

EBS is a Private Real Estate Company specializing in the acquisition and management of self-storage property. EBS currently owns and operates nearly 60 Self-Storage properties in 10 states with a current market value of more than $ 300 Million. EBS also manages a family of Private Equity Funds for institutional and high net worth individual investors. The EBS Income Fund, the EBS Income and Growth Fund II, and the Pilot Equity Value Added Fund all closed in 2007. For more information, contact Kurt Ambrosius at 619-220-6700.

This Press Release is for informational purposes only and does not, in any way, constitute an offering to buy or sell securities.


Internet Security Experts Provide Free On-Site Internet Security Services

(PRWEB) April 06, 2010

It’s not often that you see this every day! A professionally certified internet security consultation group is providing free internet security services for non-profit charitable organizations throughout all areas of the state of West Virginia.

The Internet SecuritT Group (founded in 2010) based in Charleston, WV, has extensive experience in Internet Security cybercrime mitigation and remediation.

This group of talented individuals holds highly recognized credentials such as the CISSP (Certified Information Systems Security Professional), the CEH (Certified Ethical Hacker), the MCSA (Microsoft Certified Systems Administrator), the CIW (Certified Internet Webmaster), and Network+, A+, I-Net+, Project+ and other highly recognized credentials.

This team of professionals has secured the networks of some of the regions largest financial and industrial organizations in West Virginia. They provide strong references and hold high moral ethics in all work that they perform.

In a time that Cybercrime is running rampant throughout the Internet hero’s like the Internet SecuritT Group are desperately needed.

Among the charitable services they offer are:

Informative and captivating in person Internet Security Awareness Training

Firewall Configuration and Analysis

Network Intrusion Detection Systems

Botnet, Malware, Spyware, Trojan and Virus Detection Analysis and Removal

End point security services such as Anti-Virus, Anti-Malware and Host Intrusion Prevention

And many other services which can be discussed with their free over the phone consultation.

The Internet SecuritT Group has assured that they do not charge any fees whatsoever for their services. Travel time, resources, etc are all provided at no cost to non-profit charitable clients.

The teams senior Internet security consultant states “We believe that through giving to those in need we will receive reward from our Lord and savior, either here or in the world to come”. With this unique business model, the Internet SecuritT Group is sure to cause some charitable organizations in West Virginia to take a look at the risks they face on the Internet, and consider the cost of securing their Internet presence.

For more information you may contact them by phone or through their online contact form.

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Related Securitization Press Releases

Field Asset Services to Present at DARE

Austin, TX (PRWEB) April 10, 2011

Field Asset Services (FAS), the nations leading provider of field services to the REO industry, today announced the Company will be presenting at the Distressed Asset Roundtable & Exchange (DARE) taking place on Tuesday, April 12th in New York City.

Dale McPherson, President and Chief Executive Officer of FAS, will moderate and present on a panel with other industry experts discussing best practices and need-to-know methods for managing and disposing distressed assets. Panelists will explore a variety of topics relevant to increasing performance and liquidating low performers from balance sheets including code compliance and mitigation; lease-and-hold best practices; REO portfolio assessment and valuation; REO financing options; bulk purchasing of REO assets; and the new model for REO sales.


Avenue 365 Lender Services Adds Shegun Onakomaiya as Vice President of Business Development for its Default Services Division.

Plymouth Meeting, PA (PRWEB) December 01, 2011

Avenue 365 Lender Services has announced Shegun Onakomaiya as its new Vice President of Business Development for its Default Services Division. Avenues Default Services Group has been growing exponentially since its inception earlier this year. Onakomaiyas role will be to expand the client base and find additional ways in which Avenue can serve its existing clients.

Onakomaiya spent 8 years at Citigroup Global Markets, Inc., most recently as a transaction manager in the acquisition and securitization desk. As such he has deep and firsthand experience from the customers perspective. He has interacted with dozens of asset managers, hedge funds, investors, and servicers, and plans to bring those contacts and solid relationships to his role at Avenue.

Our Default Services Group has grown by almost 100% every month since inception. I believe that Sheguns experience, great reputation in the default space, and extensive contacts will assist us in continuing that growth. Our team brings unparalleled customer service, true knowledge of collateral and title issues, and a commitment to partnering with our clients for smoother transactions. Shegun will take that message to the street and we believe the result will be phenomenal for us and our clients, said Ryan Peterson, President and CEO of Avenue 365.

Avenue 365 Lender Services is a customer-focused, technology-inspired national title insurance and settlement services provider with an unwavering commitment to provide every consumer, originator, and lender with an unparalleled experience with every loan closing. They conduct business in all 50 states for both Origination Services and Default Services. Their customers include national mortgage banks, lenders, retail mortgage brokers, asset managers, investment funds, REO managers, and servicers. To learn more visit


More Securitization Press Releases

Silanis Provides Electronic Signing and Vaulting Capabilities to ADP Dealer Services’ Digital Contracting Resolution

Montreal, QC (PRWEB) October 12, 2006

Silanis Engineering nowadays exposed that it is the electronic signature and vault supplier driving ADP Seller Services’ Digital Contracting solution in the U.S. Named ApproveIt Web Server, the solution allows automobile buyers, dealers, loan companies and investors to participate in a fully automated financing approach in which all sales and funding documents can be processed electronically, such as the archival, pooling, and securitization of contracts.


Reducing the inefficiencies of paper from the approach will offer immediate advantages to everyone involved. Purchasers will commit significantly less time waiting for and signing the twenty five+ paperwork essential to buy a automobile and implement for a bank loan. Dealers will invest much more time with clients, although publishing contracts more swiftly and accurately to lenders, resulting in more quickly funding. Lastly, creditors will devote less time verifying retail installment contracts since the info contained in will be comprehensive, and match the phrases of the mortgage approval.


“For far more than twenty five years, dealers have turned to ADP to aid their F&ampI processes,” mentioned Paul Rindone, Vice President of the Economic Solutions division of ADP. “Our Electronic Contracting resolution helps make the contracting method quicker, a lot more correct and full.”


Silanis’ solution permits ADP to combine legally enforceable, digital signatures, safe vaulting, and authoritative copy administration into their technological innovation giving with no altering the workflow that consumers, sellers, loan companies and buyers are common with.


F&ampI professionals continue to manual consumers by means of the evaluation and signing approach of paperwork, but relatively than indication the contracts with pen and paper, clients can use the digital signature pad presented by the Silanis’ solution. Since the accredited bank loan conditions are instantly included to the corresponding electronic contract, the quantity of mistakes and data omissions are significantly lowered.


After the offer is finalized in the back workplace, clerks can then electronically transmit the agreement to loan providers. Silanis’ electronic vaulting resolution permits exterior functions to confirm a non-authoritative duplicate of the electronic deal and authenticate its contents, which includes the signatures and the data that has been signed. Just as in the paper planet, ownership of the contracts can be transferred based mostly on UCC 9-one zero five needs.


The basis for Silanis’ platform is ApproveIt – a sixth generation engineering that brings together the security of a electronic signature with a legally enforceable method and superior usability features. This exclusive ‘docu-centric’ approach completely embeds the electronic signature and creates a corresponding audit path inside the files so that they stay secure as they travel from person to user and method to technique. This also enables Silanis’ platform the adaptability and seamless integration with the vehicle-finance industry’s existing organization procedures.


The ApproveIt platform consists of two solutions for the automotive sector: ApproveIt