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April 21, 2008Firms like WaMu are pass-thru lenders. Ease investor anxiety NOW
Analysis of: WaMu Ditches the Wholesale Mortgage Biz | www.businessweek.com
Author: Mark Mariotti, CEO, Future Management Holdings Inc
a) Ease investor anxiety NOW b) Secondary Mortgage Market Investors have been worried that recent data indicate a slowing economy, which would continue to cut into potential profit growth and actual principal at some of the nation's biggest mortgage companies, and portfolios.
April 17, 2008Patterns and behaviors CHANGE - and then CHANGE again...
Analysis of: WaMu Ditches the Wholesale Mortgage Biz | www.businessweek.com
Author: Mark Mariotti, CEO, Future Management Holdings Inc
a) it does appear that the independent mortgage broker is going the way of the independent insurance agent and the independent fee based financial planner
b) technlogy will be key in providing the independent mortgage broker, the acutal end-user (borrower) and actual owner-buyer-investor of...
April 17, 2008Move compliance metrics to the front
Analysis of: Study: subprime crisis spurs lawsuits | money.cnn.com
Author: Mark Mariotti, CEO, Future Management Holdings Inc
a) existing federal, state amd municpal compliance check and balances exist
b) move Rating Agency solutions to subprime mortgage losses in the large secondary market traunces into the origination systems & procedures
April 17, 2008The U.S. is Falling Drastically Behind in Broadband Speed: Don't Let AT&T Fool (Lie to) You
Analysis of: Is Faster Access to the Internet Needed? | online.wsj.com
Author: Kenneth Eisner, Principal, Eisner Consulting
The U.S. has been drifting farther and farther behind Asia and Europe in broadband speed, and failure to innovate has been the punishment. AT&T may have spent too much on their CapEx to make further investments, but that doesn't mean that consumers aren't ready and longing for the broadband...
April 14, 2008
Will M&A Activity Flourish or Stall In 2008?
Analysis of: Fund Managers See Potential Bounce In M&A Activity | www.reuters.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Will M&A Activity Flourish or Stall In 2008?
Analysis of: Fund Managers See Potential Bounce In M&A Activity | www.reuters.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Market volatility, lack of liquidity and banks' unwillingness to take on more risks has hampered global M&As activity in 1Q08. Global M&A deals have tumbled to a four year low from $962 billion down to $661 billion. The private equity sector which is known for "over the top" blockbuster deal...
April 14, 2008
Check 21 Spinoff: Back-Office Conversion (BOC) E-Check Volumes To Grow In 2008 & Beyond
Analysis of: Bigger Volume Jumps Are in Store for BOC E-Checks, NACHA Says | www.digitaltransactions.net
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Check 21 Spinoff: Back-Office Conversion (BOC) E-Check Volumes To Grow In 2008 & Beyond
Analysis of: Bigger Volume Jumps Are in Store for BOC E-Checks, NACHA Says | www.digitaltransactions.net
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Another spin-off product of the Check 21 Act, Back-Office Conversion (BOC) launched in March 2007 and one year out of the gate, BOC is viewed as a more user-friendly electronic check conversion tool than POP (Point-of-Purchase) transactions, because POP requires that all or most of the merchant's checkout...
April 10, 2008
Pay By Touch Fades To Black After Chapter 11 Bankruptcy and Contentious Boardroom Battles
Analysis of: Pay By Touch Fades into History As Lenders Buy Core Assets | www.digitaltransactions.net
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Pay By Touch Fades To Black After Chapter 11 Bankruptcy and Contentious Boardroom Battles
Analysis of: Pay By Touch Fades into History As Lenders Buy Core Assets | www.digitaltransactions.net
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Pay By Touch fades to black after filing Chapter 11 Bankruptcy reorganization in December 2007 and enduring contentious boardroom battles to decide the fate of the company. Pay By Touch used biometrics to authenticate consumers at the POS (Point-of-Sale) for secure check cashing and ACH based purchases....
April 10, 2008
Starbucks New Strategy
Analysis of: Starbucks New Strategy | topics.nytimes.com
Author: Rick Kowalski, Chief Operating Officer, It's A Grind Coffee Franchise LLC
Starbucks New Strategy
Analysis of: Starbucks New Strategy | topics.nytimes.com
Author: Rick Kowalski, Chief Operating Officer, It's A Grind Coffee Franchise LLC
What is the objective of offering Starbucks new Pikes Place roast? Will the acquisition of Clover give SBUX a unique offering?
April 8, 2008
As Check Volumes Plummet The Fed Speeds Up Infratructure Changes
Analysis of: Plunging Check Volumes Spur Fed to Speed up Downsizing Efforts | www.digitaltransactions.net
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
As Check Volumes Plummet The Fed Speeds Up Infratructure Changes
Analysis of: Plunging Check Volumes Spur Fed to Speed up Downsizing Efforts | www.digitaltransactions.net
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
Since the passage of the Check 21 Act in October 2004, significant changes have occurred in traditional check processing. Banks, credit unions, image networks and the Federal Reserve are working to build the infrastructure to transition banks and credit unions to 100% electronic check imaging/exchange...
April 8, 2008
CITGroup Closes Its Wallet To Student Lending
Analysis of: CIT Ceases Student Loan Originations | www.bloomberg.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
CITGroup Closes Its Wallet To Student Lending
Analysis of: CIT Ceases Student Loan Originations | www.bloomberg.com
Author: Kamala Worthington, Former VP, Marketing Product Manager, Bank of America Corporation
CIT Group drew down emergency credit lines totaling $7.3 billion in March 2008, after being cut off from customary sources of cash, forcing CIT to scrap its government-backed student loan program on 4.3.08. Due to its weak position, CIT may be a prime takeover target. The lack of investor demand has...
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