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Archive for March, 2008

PerTOOLS Announce their new China Distributor

Thursday, March 20th, 2008

Today in London, PerTOOLS, the provider of Time Series Analysis and Data Extractor tools announced that they have appointed TurnTech as their Distributor in China. TurnTech are based in Beijing and will service the China market on behalf of PerTOOLS. This alliance is another step towards PerTOOLS’s plan to have a global network […]

BEAR STEARNS AGREES TO SECURED LOAN FACILITY WITH JPMORGAN CHASE

Tuesday, March 18th, 2008

NEW YORK – New York – March 14, 2008 – The Bear Stearns Companies Inc. announced today it reached an agreement with JPMorgan Chase & Co. (JPMC) to provide a secured loan facility for an initial period of up to 28 days allowing Bear Stearns to access liquidity as needed. Bear Stearns also announced that […]

TFS Energy Successfully Hosts Its Largest-Ever Weather Derivatives Dutch Auction

Monday, March 17th, 2008

NEW YORK - TFS Energy, LLC, a leading interdealer broker and a subsidiary of Compagnie Financiere Tradition, today announced its weather derivatives division completed a successful Dutch auction on behalf of UBS Investment Bank’s Hybrid Trading Desk soliciting CDD (Cold Degree Day) Swap Offers. The terms of the auction were for May 2008 through September […]

David Zugheri Receives Certified Mortgage Technologist Designation

Sunday, March 16th, 2008

First Houston Mortgage, a mortgage banking firm licensed in 18 states that offers expertise in every aspect of the residential mortgage lending process, announced that co-founder David Zugheri received Certified Mortgage Technologist (CMT) designation from CampusMBA, the educational arm of the Mortgage Bankers Association (MBA).
The CMT is designed for information technology professionals, managers and executives […]

OpenClose Reaches 55,000 Customers

Sunday, March 16th, 2008

OpenClose Solutions (West Palm Beach, Fla.), developers of Web-based, mortgage lending software, announced at MBA’s Annual Technology in Mortgage Banking Conference & Expo that it exceeded the 55,000 customer mark. This includes users of OpenClose, a single-source-code, end-to-end automated mortgage system, and Decision Assist, a loan pricing and automated underwriting system.
“Growing from 30,000 to more […]