Items Tagged with 'premier'


  • SocGen Expects Q2 Profit

    French investment bank Société Générale expects to post a "slightly positive" net income for Q209, despite a €1.3bn (US$1.81bn) charge related to credit default swaps used to hedge the company's loan portfolio. "Solid operational performances, in particular in Corporate & Investment Banking, will absorb the significant negative impact on the accounts of the substantial tightening of credit spreads stemming from an improving market environment and reduced aversion to risk since mid-March," company officials say in a corporate release.
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  • LOGS Partners With Weiner Brodsky

    Northbrook, Ill.-based LOGS NETWORK, a network of creditor's rights lawyers and related personnel, said Thursday that it had entered into a "strategic legal and business relationship" with Weiner Brodsky Sidman Kider PC, one of the country’s premier mortgage banking law firms. Both firms, well known in their respective niches, said they aligned their two firms in a desire to streamline servicing and risk management needs of investors and servicers.
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  • First American Touts Default Management Partnership

    A press announcement today by First American's default outsourcing business is worth some attention, both because of what it suggests and because it underscores how alot of business gets done in this side of mortgage industry. It's also interesting because default management has never really been the sort of thing that corporate PR teams felt warranted press releases on a major national wire -- until now, apparently. From the press statement:
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