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VIBRA LINK
Partnership
28 Missing Link Road, Ilkley, Queensland, Australia
+61-7-5478 9217
Distrubutor, Sales, Hire, Servicing, Importer
Falcon Service Station
Distributor/Wholesaler
Testaferrata Street, Msida, Malta, Malta
356-21-313619
Tyres, Printing, Servicing
Star Elevator Company
Individual (Sole proprietorship)
2 / 28 Arkay Square Extension, New Challi, Karachi, Sind, Pakistan
92-21-2421549
Supplier Of Complete Elevators, Servicing / Maintenance, Troubleshooting, Supply Of Semi Imported Semi Local Elevators, Renovation Of Older Elevators, Replacement Of Controllers, Replacements Of Elevator Machines, Long Term Troubleshooting Options
Jb Computer
2 / 53, 2nd Floor, Eastern Yaqub Plaza, Race Couse, Comilla, Bangladesh
880-081-73699
Computer, Printer, Servicing
2777 Garvey Cres, ; Windsor, Ontario, Canada
1 519 9950831
Computer sales, servicing, and consulting within the windsor, ontario area.

Concord Servicing projects strong consumer lending in home improvement, solar and energy efficiency

(collapsable)→
Tue, 19 Oct 2021 08:23:00

SFVegas 2021 Structured Financing conference paints positive picture

Scottsdale, AZ, Oct. 19, 2021 (GLOBE NEWSWIRE) -- Observations from the recent SFVegas 2021 Structured Financing conference paint a positive picture of consumer lending near-term, in sectors ranging from auto and home improvement to solar and energy efficiency.

According to Concord Servicing President Shaun O’Neill, consumer financing in the asset-backed securities market is benefitting from high demand and strong performance. He cites the solar and energy efficiency industries among strong beneficiaries, in part because of high interest in and focus on Environmental, Social, and Governance (ESG) issues spotlighted at the conference hosted by the Structured Finance Association.

“There’s strong emphasis on solar and energy efficiency in commercial markets as well as residential consumer lending,” notes O’Neill. “Both residential and commercial/small business lending present cost-effective and scalable backup servicing opportunities for us, along with primary and sub-servicing options. As lending continues to ramp up, the need for bullet-proof, reliable loan servicing at all levels must be in place to ensure the best possible portfolio performance.

“Factors impacting that performance include borrower satisfaction, effective and efficient collections protocols, and complete compliance and data security protecting both asset owners/originators and borrowers.”

O’Neill emphasizes that rating agency, investor, and investment banker confidence in a loan servicer is crucial. He notes, “Reliable, responsive, and long-trusted loan servicers will provide peace of mind and convey a sense of comfort that the job will be done in a fully professional, competent, and knowledgeable way.”

A Kroll Bond Rating Agency (KBRA) report about the conference released via Business Wire reinforces O’Neill’s upbeat assessment of structured financing near-term: “The mood among conference participants seemed upbeat as record new issue supply, strong investor demand, and sound credit fundamentals have placed the structured finance markets on solid footing well into 2022. Based on our discussions with issuers across each of the structured finance sectors, activity in primary markets is showing no signs of cooling off. We expect new issue supply to remain elevated through Q4 and well into 2022 as issuers take advantage of the current low interest rate environment to lock in attractive pricing.”

ESG captured a lot of attention and interest at the conference. With many home improvement, renewable energy, and energy efficiency bright spots emerging in financial arenas are challenges—especially climate-centric ones—that need to be addressed to realize full potential.

DBRS Morningstar published an article entitled “DBRS Morningstar’s Takeaway from SFVegas 2021: Measuring Climate Risk in Securitizations Is a Critical but Complicated Task.” Writer Caitlin Veno points out: “Ultimately, climate risk falls into two categories, according to Neil Hohmann, Managing Director, Head of Structured Products at Brown Brothers Hariman. The first is physical risk, which is tied to events (e.g., wind storms and flooding) and chronic risk (e.g., sea levels rising). The second is transition risk, which includes regulatory components and macroeconomic components as well as legal, policy, and technology changes. Of the two, Hohmann believes transition risk will have the biggest impact on issuers and collateral pools.”

The article adds, “Assessing climate risk for securitizations presents challenges that the industry will need to address. One major hurdle is the gap in information between what the issuers provide and what investors and others want to know…'The bulk of the work is that the climate risk scoring firms are at one place and our industry, in terms of credit risk, speaks a different language,' said [Eknath Belbase at Andrew Davidson & Co.], 'And those models basically need to talk to each other. That's where we're focused at least for the next year.'”

Weathering these climate challenges will lead to continuing strong performance and profitability in the renewable energy, energy efficiency, and home improvement sectors, O’Neill says.

###

About Concord Servicing Corporation
Founded in 1988, Concord is a full-scope loan servicer delivering innovative, flexible, and scalable portfolio servicing solutions to meet the demands of loan originators and capital providers (and their customers) in a variety of asset classes—including home improvement, solar, energy efficiency, and vacation ownership. Three-plus decades and a positive reputation among existing clients and partners document the ability to handle new challenges efficiently, accurately, and completely. Concord's corporate headquarters and base of operations is in Scottsdale, AZ, with a regional office in Mexico City and a staff of 275+ professionals. Concord services 2 million+ consumer obligations, with a portfolio size of $7.7 billion ($2 billion+ is in asset-backed securitizations). In addition to primary loan servicing, Concord also serves as a master/backup servicer for approximately 110,000 loans with combined balances of $2.25 billion. www.concordservicing.com

CONTACT: Kyle Derry Concord Servicing, Inc. (480) 214-2995 KDerry@concordservicing.com
Techwizards
Distributor/Wholesaler
Blk 403 Ang Mo Kio Ave 10# 07-617, Singapore
65--64572013
Servicing, LCD Monitor, Memory Cards, Computers, CPU Parts
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91-080-25498436
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1 651 329-6252
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91 22 30989301
New / Old Branded / unbranded PCs, Hardware components, Servicing, Networking, AMC
Ideal noble ltd.,
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1-44-334-887-6189
Plumbing Materials, Plumbing Works, Maintenance, Servicing
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91-044-24990104
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90-312-3546935
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356-21-642647
Ice cream, gelato, slush, granita manufacturing, Soft ice-cream machines, slush machines rentals, sales, servicing
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91-44-24421210
ultrasound,servicing,development
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Sales, servicing, consultation on turney projects up to 1000 beds complete supply of medical equipment including gas pipeline
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Manufacturer
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44 1274 733100
Dew point meters, hygrometers, calibration, servicing, dew point transmitters
404, Olympic, Devidayal Road, Mulund (West), ; Mumbai, Maharashtra, India
91 9820133666
Marketting, servicing, supplier, manufacturer. Castings like S. G. I. Investment
Hydraforce Hydraulics LLC
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P. O Box No 88277, UAE, Dubai, United Arab Emirates
971-4-2862024
Hydraulic turnkey projects, Servicing
AG&W Industrial Services, Inc.
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59 Kalinangan St. Cor C. Raymundo Avenue, Brgy. Caniogan, Pasig, Philippines
63-02-640-45-64
Generator Set, Servicing, Aircon, Agricultural, Electrical Machineries, , Aircon, Agricultural
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Individual (Sole proprietorship)
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91-253-2453903/09423480993(M)
Servicing, Installation, Manufacture, Design
Zelkova Trading
Trading Company, Agent
83 Redhill Lane, Singapore
65--9182 7950
Buying / Selling, Administrative, Repair / Servicing,
Unit 1,9 Cannon Lane, ; Tonbridge, Kent, United Kingdom
44 1732 368359
Respiratory protection equipment, protective clothing, air filtration equipment, polythene reels, adhesive tapes, filters, repairs, servicing, testing
PC Brainiacs LLC
Distributor/Wholesaler
3515 Sw 39th Blvd, Gainesville, Florida, United States
352-246-4338
Computer parts/repair/servicing, internet retail
ar comptech enterprises
Individual (Sole proprietorship)
Ameerpet, Hyderabad, Andhra Pradesh, India
91-040-66625340
Instalation, Maintenance, servicing
Lambay Diving
Corporation/Limited Liability Company
135 Barton Road East, Dundrum, Dublin, Ireland
353-86-1667075
Sales, And, Servicing, Diving, Industry
Jb 6024 Lrg Desa Kesang, Tmn Desa Kesang, Jasin, Melaka, Malaysia
60-019-6802382
Servicing, Catering, Cleaning Service
VMS ENGINEERING SYSTEMS
Individual (Sole proprietorship)
# 9, Global Enclave, Bhagyanagar Colony, Kukatpally, Hyderabad, Andhra Pradesh, India
91-040-40174441
Solar Hot Water Systems, Servicing, Fabrication, Erection, Installation
AC Automation
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Sloefield Park, Carrickfergus, Ulster, United Kingdom
44-2893-364779
Generators, Installation, Hire, Servicing
Laro Solutions
Individual (Sole proprietorship)
# 1 Sunset Cove, , La Romain, San Fernando. , Trinidad and Tobago
1-868-681-4454
Micro Eletronics, Repairs, Servicing, Parts Sourcing, Parts Instalation
The Cell Bangladesh Ltd.
305, Ulon Road, West Rampura,, Dhaka, Bangladesh
880-02-9337035
Mobile phone ,Servicing,marketing
Muller Enterprises
Individual (Sole proprietorship)
Metro Manilaparanaqueno. 2 El Dorado Townhomes, Levitown Ave. , Paranaque, Metro Manila, Philippines
63-2-8249079
Marketing, Promotion, Servicing
Broadband Electronics, Inc
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Pioneer Plaza, Suite 955, 900 Fort Street Mall, Honolulu, Hawai, United States
1-808-548-7283
Wholesales, Distributorship, Online Sales, Servicing, Marketing
ECS Inc.
Distributor/Wholesaler
21 P Miranda St Balubaran, Valenzuela, Philippines
63-2-2783526
Digital Sattelite, Servicing, Selling
Ravi Electricals Pvt Ltd, Bangalore, Karnataka, India
91-99868652-12
Genset, Buying, Sale, Servicing,
Green Leaf Company Limited
LLC (Ltd Liability Corp)
12 / 126 Khuat Duy Tien, Hanoi, Hanoi, Vietnam
84-4-2379461
Trading, Touring, Servicing
digital care
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1202, Sadashiv Peth, Govind Apt., Shop No.1, OPP. Yogesh Hospital,, ; Pune, Maharashtra, India
91 020 24483123
Laptop, LCD projector, servicing, repairing, buy sell
Jayant Engineering & Mill stores
Individual (Sole proprietorship)
Mahrastramumabi51 / 53 Industrial House Nagdevi X Lane, Mumabi, Maharashtra, India
91-22-23421696
Servicing, Spares, Calibration, Testing
MAJESTIC FIRE PROTECTION PTY LTD
Agent, Distributor/Wholesaler, Business Service (Transportation, finance, travel, Ads, etc)
Unit 20, 2-8 Daniel Street, Wetherillpark, Nsw, Australia
61-2-97251711
Servicing, Hose Reel Fire Blanket, Pressure Test, Recharge
8-B Sudamanagar, ; Indore, Madhya Pradesh, India
91 731 2787782
Textile turnkey projects, erection, servicing, repairs, amc's, agents for natural dyes and stain removers, automation panels for textiles etc
Mangere Bridge Marine Services
1 Coronation Road, Mangere Bridge, ; Auckland, New Zealand
64 9 6222204
Sales, servicing, marine engines
1/15 Stanley St Peakhurst, Sydney, Nsw, Australia
0061-02-95336993
Servicing, rebuilding, high performance,boating
Ho Ah Lam Ferrocement Pte Ltd
Manufacturer
Lot A8438 Tuas Basin Link, Singapore
65-0-94572943
Shipbuilding, commercial crafts, repairs/servicing, boats & ships
Ferrit (Slovakia) S. R. O.
Manufacturer
Kosovska 309, ; Kanianka, Slovakia (Slovak Republic)
421 46 5401138
Diesel locomotives, suspended monorail transport system, belt conveyers, coal and stone crushers, loaders, servicing
SML ELEVATOR SDN BHD
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18-2, Jalan Sri Jati Satu, Off Jalan Puchong, Taman Sri Jati, Kuala Lumpur, Kuala Lumpur, Malaysia
60-3-77812718
Elevators, Escalators, Dumb Waiters, Traveller, Spare Parts, Rollers, Steps, Motor, Maintenance, Servicing, Lifts, PCB, Printed Circuit Board, Sheave, Ropes