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| First NBC Bank is a start-up
bank that commenced operations on May 19, 2006. The
organizers, directors and executive officers, including
CEO Ashton Ryan, Jr., the former President of First
National Bank of Commerce and former President and CEO
of First Bank and Trust, are all local business and
community leaders in New Orleans. First NBC will be a
leader in the rebuilding of the greater New Orleans area
and will focus on commercial and residential lending to
support the return of New Orleans to its pre-Katrina
condition. |
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| Vertical Lend is a leading
participant in the reverse mortgage sector through its
three divisions. Vertical Lend's Network Management
division consists of a network of accountants, financial
planners, insurance agents and tax preparers who market
mortgage products to their personal clientele. Lender
Lead Solutions division generates and sells reverse
mortgage leads to a network of brokers, lenders, banks
and other financial institutions through a nationally
recognized advertising campaign featuring Robert Wagner
as spokesman. Vertical Lend's Origination division
originates both forward and reverse mortgage loans from
Network Management and Lender Lead Solutions. Vertical
Lend was sold to KBC Financial Products, a wholly-owned
subsidiary of KBC Bank NV, in August 2007. |
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| Embarcadero Bank is a start-up
bank that commenced operations on December 18, 2006. The
organizers, directors and executive officers of
Embarcadero are all local business and community leaders
in San Diego. The management team is led by Steve Rippe,
who serves as CEO and Chief Credit Officer. Mr. Rippe
has over 32 years of banking experience in the Southern
California area, having served as CEO of First National
Bank and President of Highland Bancorp. |
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Reverse Mortgage Solutions, Inc. provides a full
suite of services for the reverse mortgage industry,
including loan servicing, subservicing and secondary
market securitization, and has established itself as one
of the key participants in the sector. The company's
founders are Bob Yeary, Chief Executive Officer; Ken
Austin, President; and Marc Helm, Executive Vice
President,
Operations. | |
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Kondaur Capital Corporation acquires,
manages, services and liquidates distressed and undervalued
mortgage loans. The company's founders are Jon Daurio, Chief
Executive Officer; John Kontoulis, President, Chief Financial
Officer and Treasurer; and Janice Ramocinski, Executive Vice
President, Chief Operating Officer and Secretary. In November
2008, a large New York-based investment firm invested $50
million into Kondaur and another $125 million into a side fund
to acquire loan pools.
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First Investors Financial Services Group is
a Houston-based consumer finance company which originates
automobile loans indirectly through relationships with
franchised automobile dealers and directly to consumers in the
United States. First Investors specializes in providing
financing solutions to consumers who typically do not have
access to traditional financing sources. First Investors has
over 40,000 customers and over $700 million in managed auto
receivables. First Investors was founded in 1988 by its
current President and Chief Executive Officer, Tommy Moore. In
1995, the company completed an initial public offering of
common stock and trades on the Pink OTC Markets under the
symbol FIFS.PK.
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First Capital Corporation provides
asset-based lending, traditional factoring and invoice
purchasing services to clients with financing needs from
$35,000 to $250 million. With over $1 billion in total
committed lines, the company is one of the largest independent
and fastest-growing commercial finance companies in the United
States.
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JCR Capital Investment Corporation provides
structured debt and equity capital for distressed commercial
real estate transactions. The company's founders are Jay
Rollins, President and Maren Steinberg, Executive Vice
President, who have over 40 years of combined experience in
high yield real estate, including debt/equity and distressed
real estate asset management.
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Wingspan Portfolio Advisors is a specialty
servicing enterprise that applies advanced and highly
specialized servicing techniques to turn non-performing loans
into reperforming assets. The company was founded by Steven
Horne, an attorney and expert on servicing distressed assets.
Wingspan’s senior management team has over 125 years of
collective specialty loan servicing experience, focusing on
severely delinquent first and second mortgages for lenders,
servicers and investors.
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Silvergate Bank is a state-chartered
commercial bank based in La Jolla, CA. The management team is
led by Alan Lane, who serves as the bank’s President and CEO.
Mr. Lane has over 25 years of corporate and banking experience
in the Southern California area.
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American Advisors Group is a reverse
mortgage originator based in Irvine, CA. AAG is highly focused
on marketing analytics with a multi-channel customer
acquisition approach, including direct mail, Internet, call
center and television. The company was founded in 2004 by Reza
Jahangiri, President of AAG.
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ClearVue Management, Inc. acquires,
manages, services and liquidates distressed and undervalued
residential mortgage loans and REO properties. The company’s
founders, Dennis Regan, David Haddad and Matt Regan, have
experience in all aspects of the mortgage process, from
capital markets through originations, servicing, loss
mitigation and asset disposition.
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Security One Lending is a reverse mortgage
originator based in San Diego, CA. The firm has a diversified
product mix (reverse and forward) and has created a variety of
distribution channels (retail, consumer direct and wholesale)
to support its lending efforts. The company's founders, Torrey
Larsen and Tyler Larsen, have deep experience within the
mortgage banking industry. |
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