Category Archives: Market News

EnviroMission Ltd. (EVOMY: OTCQX International) | Valentia Confirmation Regarding Funds Transfer

Valentia Confirmation Regarding Funds Transfer

Jun 29, 2016

OTC Disclosure News Service

South Melbourne, VIC, Australia

This release includes additional documents. Select the link(s) below to view.

CA581 Valentia Update 30 06 2016.pdf

Copyright © 2016 OTC Markets. All Rights Reserved

The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases.

Article source:

Fannie Mae, Freddie Mac demeanour for some-more ways to share credit risk

The sovereign supervision is looking for additional methods and mechanisms that it can use to send credit risk now borne by Fannie Mae and Freddie Mac, and therefore a American taxpayers, to private investors.

On Wednesday, a Federal Housing Finance Agency published sum of a credit risk-sharing histories of Fannie and Freddie, and released a ask for submit on ways that a government-sponsored enterprises can change some-more risk to a private market.

According to a FHFA news on a risk-sharing deals, a GSEs executed a sum of 43 risk-sharing deals in 2015, relocating a apportionment of a risk on $417.1 billion in delinquent principal change to private investors.

The FHFA news states that in total, a GSEs have eliminated a apportionment of a risk on $837.9 billion in UPB given 2013.

According to a FHFA report, a analogous volume of credit risk eliminated on these loans is $30.6 billion, that represents, on average, about 3.6% of a UPB of credit detriment word for those loans.

The risk-sharing deals are poignant since they yield serve word opposite credit detriment for a GSEs over primary debt insurance, that is now a “dominant method” for pity risk on aloft loan-to-value debt acquisitions.

But, as a FHFA cautions, debt word isn’t indispensably adequate to cover for loan losses, generally in a “stress event” like a housing crisis.

“During highlight events such as a new financial crisis, for example, loan-level waste can surpass debt word coverage, withdrawal a Enterprises with a remaining credit risk,” a FHFA pronounced in a report.

“For example, Enterprise loans with LTV ratios above 80% that were originated in 2006 and 2007 gifted normal detriment severities trimming from 29.4% to 33.2% after giving credit to any debt word advantage or lender indemnification,” a FHFA continued. “For many of these loans, detriment severities exceeded a germane debt word coverage level, that caused a Enterprises to catch additional losses.”

And with a GSEs collateral aegis on a approach to zero, augmenting a need for some-more strong risk-sharing programs from a GSEs relocating forward.

Per a Preferred Stock Purchase Agreements, that went into outcome when a supervision took Fannie and Freddie and need a government-sponsored enterprises send dividends to the Department of a Treasury each entertain that they are profitable.

Currently, underneath a PSPAs, a GSEs are taboo from rebuilding collateral and any of a GSEs’ collateral bottom is compulsory to be reduced, with their collateral pot scheduled to be drawn down to $0 in 2018.

To that end, a FHFA also put out a ask for submit for improving a stream risk-sharing offerings and building new risk-sharing structures.

Part of that ask for submit centers on possible, additional “front-end” credit risk send structures.

According to a FHFA, it distinguishes between “front-end” and “back-end” credit risk send exchange formed on when a arrangement of a credit risk send occurs.

“Front-end” or “up-front” credit risk send exchange are those in that a arrangement of a risk send occurs before to, or coexisting with, a merger of residential debt loans by one of a GSEs, such as a collateralized chance transaction.

“Back-end” credit risk send relates to exchange in that a arrangement of a risk send occurs after a merger of residential debt loans by a GSEs.

Much of a GSEs stream risk-sharing is conducted around “back-end” transactions, including Freddie Mac’s Structured Agency Credit Risk or Fannie Mae’s Connecticut Avenue Securities debt transactions.

According to a FHFA, it is exploring some-more front-end risk-sharing relocating forward.

One of those intensity methods is building a deeper debt word structure, that a FHFA pronounced that it is now evaluating with a GSEs.

Click here for a FHFA’s full risk-sharing report, and click here for a FHFA ask for submit on destiny risk-sharing.

“The Credit Risk Transfer Progress Report demonstrates clarity and papers that there has been a good understanding of swell in a credit risk send marketplace in a brief duration of time, even yet a marketplace is still comparatively young,” pronounced FHFA Director Mel Watt.

“The Request for Input demonstrates a joining to build on a swell and raise a array of credit risk send products,” Watt said. “Feedback from stakeholders is vicious as we try additional ways to raise these programs and raise a financier base.”

Article source:

Prologis, Inc. (PLDGP: OTCQB) | Prologis to Announce Second Quarter 2016 Results July 19

SAN FRANCISCO, June 29, 2016 /PRNewswire/ — Prologis, Inc. (NYSE: PLD), the global leader in logistics real estate, will host a webcast and conference call with senior management to discuss second quarter results, current market conditions and future outlook on Tuesday, July 19, 2016 at 9:00 a.m. PT / 12:00 p.m. ET.

To access a live broadcast of the call, please dial +1 (877) 256-7020 (toll-free from the United States and Canada) or +1 (973) 409-9692 (from all other countries) and enter conference code 37196022. A live webcast can be accessed at the Investor Relations section of

A telephonic replay will be available June 19-26 at +1 (855) 859-2056 (from the United States and Canada) or +1 (404) 537-3406 (from all other countries) using conference code 37196022. The webcast replay will be posted when available in the Investor Relations “Events Presentations” section.

Prologis, Inc. is the global leader in logistics real estate with a focus on high-barrier, high-growth markets. As of March 31, 2016, the company owned or had investments in, on a wholly owned basis or through co-investment ventures, properties and development projects expected to total approximately 667 million square feet (62 million square meters) in 20 countries. Prologis leases modern distribution facilities to a diverse base of approximately 5,200 customers across two major categories: business-to-business and retail/online fulfillment.

The statements in this document that are not historical facts are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which we operate as well as management’s beliefs and assumptions. Such statements involve uncertainties that could significantly impact our financial results. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature.  All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to rent and occupancy growth, development activity and changes in sales or contribution volume of properties, disposition activity, general conditions in the geographic areas where we operate, our debt, capital structure and financial position, our ability to form new co-investment ventures and the availability of capital in existing or new co-investment ventures — are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust status, tax structuring and income tax rates, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments in our co-investment ventures, including our ability to establish new co-investment ventures and funds, (viii) risks of doing business internationally, including currency risks, (ix) environmental uncertainties, including risks of natural disasters, and (x) those additional factors discussed in reports filed with the Securities and Exchange Commission by us under the heading “Risk Factors.” We undertake no duty to update any forward-looking statements appearing in this document.


Logo –


To view the original version on PR Newswire, visit:

SOURCE Prologis, Inc.

Article source:

Bunk Beds