Apr 11th, 2013
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Global Product Differentiation & Innovation
Interview with Humayun Murad, CEO, Leasing MENA & CIS for Orix CorporationThe WLN Thought Leadership series is intended to bring together the timely issues facing our industry and the leaders best positioned to address them. In this series on “Global Product Differentiation & Innovation”, WLN interviewed three prominent . . . read more
Apr 11th, 2013
At the turn of the year, I wrote that the global auto market looked set for a year of subdued growth outside of hotspots such as China and India, but in the US the sector would certainly see a continued rise in sales. Since then, the US auto market has indeed continued to perform well, aided by modest economic recovery and greater availability of credit. The hazard of the ‘fiscal cliff’ has been sidestepped, if only for the short term, . . . read more
Apr 5th, 2013
It is common for a lender, investor or rating agency to require a backup servicing arrangement with an independent third party who is in the business of servicing lease and loan portfolios as a condition of their loan or securitization arrangement. The role of a backup servicer provides comfort to the lender or rating agency that in the event of a default, the portfolio can be professionally serviced to pay down the outstanding loan obligation. A backup servicing role accomplishes . . . read more