SBL

Wealth Access and Supernova Technology™ Announce Agreement to Expand Access to Securities-Based Lending for Financial Institutions

Retrieved on: 
Tuesday, June 7, 2022

NASHVILLE, Tenn., June 7, 2022 /PRNewswire-PRWeb/ -- Wealth Access, a customer data insights platform that unifies and enriches data to power hyper-personalized experiences for financial institutions, announced today a new agreement with Supernova Technology. The agreement will enable an integrated experience so Wealth Access's banks and RIA clients can access Supernova's securities-based lending solution in a streamlined and digital way. With Supernova's technology, private bankers, advisors, and investors will have access to a fast and easy-to-use securities-based lending product, while maintaining visibility on potential risks.

Key Points: 
  • Wealth Access and Supernova Technology agreement will equip regional banks, RIAs, and independent trust companies across the country with enterprise-level, cloud-based securities-based lending technology.
  • NASHVILLE, Tenn., June 7, 2022 /PRNewswire-PRWeb/ -- Wealth Access , a customer data insights platform that unifies and enriches data to power hyper-personalized experiences for financial institutions, announced today a new agreement with Supernova Technology.
  • The agreement will enable an integrated experience so Wealth Access's banks and RIA clients can access Supernova's securities-based lending solution in a streamlined and digital way.
  • "This agreement provides an opportunity for banks to offer an incredibly valuable service to their customers," said David Benskin, founder, and CEO of Wealth Access.

New Peer-Reviewed Data Continue to Further Best Practices with NeuroStar® Advanced Therapy

Retrieved on: 
Tuesday, May 17, 2022

MALVERN, Pa., May 17, 2022 (GLOBE NEWSWIRE) -- Neuronetics, Inc. (NASDAQ: STIM), a commercial-stage medical technology company focused on designing, developing, and marketing products that improve the quality of life for patients who suffer from neurological health disorders, announced today a new peer-reviewed paper, published in Brain Stimulation Journal and available online now. The paper compares clinical outcomes of patients who received NeuroStar TMS through either high frequency left unilateral TMS (HF-LUL) or sequential bilateral treatment (SBL) TMS throughout their treatment course.

Key Points: 
  • We are happy to continue sharing data insights from the largest outcomes registry database in TMS to provide clinicians new evidence to inform their treatment decisions, stated Cory Anderson, VP, R&D and Clinical.
  • The clinical insights we continue to attain from NeuroStars large, proprietary dataset allow us to identify and refine best practices for treatment with NeuroStar TMS.
  • To learn more about NeuroStar Advanced Therapy, including prescribing and safety information, visit www.neurostar.com .
  • NeuroStar is widely researched and backed by the largest clinical data set of any TMS system for depression, including the worlds largest depression Outcomes Registry.

Security Benefit Adds An “A” Financial Strength Rating

Retrieved on: 
Friday, May 13, 2022

Security Benefit, a leader in the U.S. retirement market, today announced that DBRS Morningstar has assigned a Financial Strength Rating of A (stable) to Security Benefit Life Insurance Company (SBLIC)* and First Security Benefit Life Insurance & Annuity Company of New York (FSBL).

Key Points: 
  • Security Benefit, a leader in the U.S. retirement market, today announced that DBRS Morningstar has assigned a Financial Strength Rating of A (stable) to Security Benefit Life Insurance Company (SBLIC)* and First Security Benefit Life Insurance & Annuity Company of New York (FSBL).
  • We are very proud of our financial strength, and this is additional evidence of that strength, said Doug Wolff, incoming Chief Executive Officer of Security Benefit.
  • Security Benefit Corporation (Security Benefit), through its subsidiary Security Benefit Life Insurance Company (SBL), a Kansas-based insurance company that has been in business for 130 years, is a leader in the U.S. retirement market.
  • Rating agencies take many factors into account when assigning a financial strength or claims-paying rating to an insurer.

Allschool Upgrades its Innovative Courseware Classpod, Bringing 3D and Gamified Interactive Learning Content to Virtual Online Classes

Retrieved on: 
Monday, April 25, 2022

SAN MATEO, Calif., April 25, 2022 /PRNewswire/ -- Allschool ("the Company"), an innovative online education platform, recently upgraded Classpod, its innovative courseware which is created for teachers to design engaging, gamified and attention-grabbing e-learning content for online students.

Key Points: 
  • SAN MATEO, Calif., April 25, 2022 /PRNewswire/ -- Allschool ("the Company"), an innovative online education platform, recently upgraded Classpod, its innovative courseware which is created for teachers to design engaging, gamified and attention-grabbing e-learning content for online students.
  • "Allschool aims to reshape e-learning by leveraging our cutting-edge platform to focus on more interactive learning and teaching experience than traditional classroom slideshow methods using Classpod.
  • The result is a more intuitive and immersive learning experience compared to text-based or 2D single-medium virtual classes," said Richard Tyr Blewitt, Pedagogy Research Center and 3D Dinosaur Class Project Manager of Allschool.
  • Founded inSingapore, Allschool is an innovative online platform that delivers highly interactive small-group live classes to children worldwide.

Security Benefit Announces CEO Mike Kiley’s Retirement after 12 years

Retrieved on: 
Thursday, March 17, 2022

At the time, Security Benefit had 500 employees, was losing assets, and struggling in the wake of the 2008 financial crisis.

Key Points: 
  • At the time, Security Benefit had 500 employees, was losing assets, and struggling in the wake of the 2008 financial crisis.
  • Kiley quickly leveraged his ability to foster creativity and drive the innovation that enabled Security Benefit to get back on track.
  • Security Benefit Corporation (Security Benefit), through its subsidiary Security Benefit Life Insurance Company (SBL), a Kansas-based insurance company that has been in business for 130 years, is a leader in the U.S. retirement market.
  • Security Benefit, an Eldridge business, is one of the fastest growing U.S. retirement companies and continues its mission of helping Americans To and Through Retirement.

Walker & Dunlop Closes GeoPhy Acquisition

Retrieved on: 
Monday, February 28, 2022

BETHESDA, Md., Feb. 28, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it closed on the previously announced acquisition of GeoPhy, a leading commercial real estate technology company.

Key Points: 
  • BETHESDA, Md., Feb. 28, 2022 /PRNewswire/ -- Walker & Dunlop, Inc. announced today that it closed on the previously announced acquisition of GeoPhy, a leading commercial real estate technology company.
  • Aaron Perlis , Walker & Dunlop Chief Information Officer stated, "We are excited to officially welcome GeoPhy founder and CEO, Teun van den Dries, and his entire team to Walker & Dunlop.
  • Walker & Dunlop acquired GeoPhy for $85 million in cash paid at closing with an additional $205 million of cash earn-out potential structured to directly align with Walker & Dunlop'sDrive to '25goals surrounding growth in appraisal revenues, SBL volumes, and mortgage banking gains.
  • Walker & Dunlop enables real estate owners and operators to bring their visions of communities where Americans live, work, shop and play to life.

Lument Named a Top Three Optigo® Small Balance Loan Lender by Freddie Mac

Retrieved on: 
Tuesday, February 8, 2022

NEW YORK, Feb. 8, 2022 /PRNewswire/ -- Lument was recently named a 2021 Top Optigo lender by Freddie Mac for its Small Balance Loan (SBL) program.

Key Points: 
  • NEW YORK, Feb. 8, 2022 /PRNewswire/ -- Lument was recently named a 2021 Top Optigo lender by Freddie Mac for its Small Balance Loan (SBL) program.
  • In total, Freddie Mac closed $70 billion in multifamily loan volume including conventional, targeted affordable, manufactured housing communities, seniors housing and SBLs.
  • Lument provided a $7.3 million Freddie Mac SBL to acquire Tobias Avenue Apartments, a 57-unit multifamily community in Panorama City, California.
  • Lument is a Fannie Mae DUS, Freddie Mac Optigo, FHA, and USDA lender.

Hicuity Health Partner Expands Service Relationship to Include Inpatient Telemetry Monitoring

Retrieved on: 
Thursday, February 3, 2022

The success of this ongoing critical care collaboration influenced the decision to extend the partnership to include the new telemetry services.

Key Points: 
  • The success of this ongoing critical care collaboration influenced the decision to extend the partnership to include the new telemetry services.
  • Hicuity Health's Remote Cardiac Telemetry monitoring provides hospitals with 24/7 monitoring by trained and certified telemetry technicians located in dedicated technology-enabled care centers.
  • The expansion of our relationship to include telemetry services is a direct result of our years of experience with Hicuity.
  • "We are pleased to extend our long-term relationship with Sarah Bush Lincoln to include telemetry services," said Lou Silverman, Chief Executive Officer of Hicuity Health.

Freddie Mac Announces Pricing of $400 Million Multifamily Small Balance Loan Securitization

Retrieved on: 
Thursday, January 13, 2022

Freddie Mac is also acting as mortgage loan seller and master servicer to the trust.

Key Points: 
  • Freddie Mac is also acting as mortgage loan seller and master servicer to the trust.
  • In addition to the five classes of securities guaranteed by Freddie Mac, the trust will issue certificates consisting of Class B and Class R Certificates, which will not be guaranteed by Freddie Mac and will be sold to private investors.
  • Freddie Mac has a specialty network of Optigo Seller/Servicers and Optigo SBL lenders with extensive experience in this market who source loans across the country.
  • Freddie Mac undertakes no obligation, and disclaims any duty, to update any of the information in those documents.

DPL Assembles Market Leaders Avantis Investors, Barclays and Security Benefit Life to Introduce Innovative Asset Allocation Option for RIAs

Retrieved on: 
Tuesday, January 11, 2022

Its been incredibly exciting to work with the product teams at Avantis, Barclays and our longtime carrier partner Security Benefit to create this for FIAs available to clients of RIAs.

Key Points: 
  • Its been incredibly exciting to work with the product teams at Avantis, Barclays and our longtime carrier partner Security Benefit to create this for FIAs available to clients of RIAs.
  • The index is unique in that it utilizes an excess return option strategy rather than a price return, which offers the benefit of dividends.
  • Barclays is honored to partner with Avantis, Security Benefit and DPL and contribute to the growth of annuities in the registered investment advisory channel.
  • Security Benefit Corporation (Security Benefit), through its subsidiary Security Benefit Life Insurance Company (SBL), a Kansas-based insurance company that has been in business for 130 years, is a leader in the U.S. retirement market.