The value of structured settlements to investors…
"We are very gratified that the capital markets recognize the nature of the
receivables* we originate. The combination of:
- near zero correlation to other
assets and market conditions - zero convexity*
- virtually bullet-proof origination
procedures - and high organic credit quality is compelling, and the capital
markets recognize this even in the current environment," said Hasham Malik,
Peachtree’s Chief Capital Markets Officer in a press release
posted July 24, 2008 on "cash now pusher" Peachtree Settlement Funding’s website to announce a securitization of such receivables.
The value of structured settlements to tort victims who are structured settlement recipients…
"Given the current financial crisis I am so thankful that I have guaranteed income coming in on a monthly basis" Structured settlement recipient and client of this author June 2008
Footnotes
*structured settlement payment rights
* *Bond convexity is the measure of the sensitivity of a bond to changes in interest rates
____Emphasis added
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