Longevity and Life Expectancy Firm offers new services
November 24, 2009 by Administrator

21st-servers-life-expectancy21st Services, a leading longevity analysis firm and a provider of life expectancy evaluations to the life settlements industry, is launching a promotion of four services, including a pharmacy search service, a mark-to-market service, medical records collection and post-purchase tracking for life settlement portfolios.

This service stood out the most, I am yet to find out what the extent of the discount will be for ordering an updated LE.

Mark-to-market LEs

Also new, and responding to current conditions in the life settlement market, is a mark-to-market service for volume clients.

Life settlement providers and brokers have had many life settlement cases in the pipeline for a number of months. As they now reapproach funders, they need new life expectancy evaluations and updated LE certificates, and are ordering them in large numbers.

21st Services is providing the updated LEs at a discount. The service is available to life settlement providers and brokers who order a minimum of five mark-to-market LEs a day.

More updates and reviews will be coming soon…

LISA 15th Annual Fall Conference concludes
November 13, 2009 by Administrator

The 15th Annual Fall Conference concludes in the wake of major federal interest in the secondary market. Recently, LISA has played an active role in several major federal congressional hearings and ongoing inquiries into the role of securitization of life settlements. As the U.S. economy is revived, the association sees the market playing a larger role in the financial decisions of many seniors and, by extension, in the policy decisions of Washington lawmakers.

Running from November 8-10, LISA’s 15th Annual Fall Conference garnered an attendance in excess of three hundred. In an economy slow to recover, the success of such a crowd was a stark reminder that interest in life settlements among investors and consumers remains as vibrant as ever. “We’re extremely pleased with not only the size of this year’s turnout — given ongoing economic hardships — but the depth and diversity of our attendees this year exceeded all expectations,” remarked Doug Head, LISA Executive Director. “We’re seeing a significantly higher level of understanding of this industry among financial professionals. This was reflected in the quality of presentation and dialogue at this year’s fall meeting.”

Peter Mazonas Testifies before SEC Life Settlement Task Force
November 7, 2009 by Administrator

Peter Mazonas of Life Settlement Financial

Peter Mazonas of Life Settlement Financial

Peter Mazonas, Life Settlement Financial (LSF) CEO testified today before the SEC Life Settlement Task Force in support of the use of accounting standards to enforce consistency in the valuation of
securitized pools of life settlements. As investment banks ramp up their efforts to create new investment opportunities, the SEC Life Settlement Task Force is studying how this can be done in ways that protect investors in this emerging market. Hoping to avoid the catastrophic events brought about by misvalued mortgage pools, the SEC heard from an industry leader who described new methods of individual life settlement evaluation.

More info about the task force:
A Life Settlement Task Force?