ATLANTA (PRWEB) April 07, 2012
A team of employees from Foundation Financial Group?s Atlanta regional center, located at 100 Galleria Pkwy Suite 1400, participated in the ShamRock ?N? Roll Road Race benefiting the Junior League of Atlanta. Foundation Financial Group employees volunteered their time and made a monetary donation to the Junior League of Atlanta?s cause.
?Supporting this charity allows Foundation Financial Group to give back to the community where we work and live,? said William A. Gordon, Foundation Financial Group?s senior vice president of operations in Atlanta. ?Plus, the road race offered a great opportunity to enjoy springtime in Atlanta and get a bit of exercise to boot.?
About the Junior League of Atlanta
The Junior League of Atlanta, Inc. is an organization of women committed to promoting volunteerism, developing the potential of women and improving the community through the effective action and leadership of trained volunteers. The purpose of the Junior League is exclusively educational and charitable. For more information on the Junior League of Atlanta, visit http://www.jlatlanta.org or call 678-261-7799.
About Foundation Financial Group
Foundation Financial Group, one of the nation?s fastest-growing financial services companies, specializes in mortgage lending, property and casualty insurance, life insurance, retirement services, personal taxes and corporate tax services. Foundation Financial Group operates seven regional centers as well as a branch network of retail storefronts across the Midwest. Foundation Financial Group offers mortgage refinancing and first-time buyer lending through traditional financing, as well as Federal Housing Administration and other government-backed home loan programs. Foundation Financial Group enjoys an A+ rating from the Better Business Bureau, the highest accreditation the BBB gives an industry-leading Federal Housing Administration compare ratio. For more information, call 866-334-1001 or visit http://www.ffg.com.
For additional information, interview and image requests, contact The AXIA Public Relations Firm at 866-999-2942, ext. 700.
Prudent Lending Restored: Securitization After the Mortgage Meltdown
There is little dispute that the mortgage meltdown of 2007, created by irresponsible lending and lax oversight, helped lead to the global financial crisis. Why were these securities backed by subprime debt so desirable to so many seemingly sophisticated investors? The answer lies in distorted incentives, opaque securitization structures and a willingness to believe that house prices would continue to rise indefinitely and the hope for super-normal returns.In Prudent Lending Restored experts from the United States, Europe, and Japan draw a timeline of key events along the road to our most recent recession. Providing an in-depth analysis of the causes of the subprime mortgage meltdown, they propose reforms, including a more simplified securitization process with emphasis on oversight to encourage more prudent lending. This timely volume —the collaboration between the Brookings Institution and the Nomura Institute of Capital Markets Research —argues that securitization can and should have a brighter future, and they lay out ways that will make that possible.Contributors: Jennifer E. Bethel (Babson College), Robert E. Eisenbeis (Federal Reserve Bank of Atlanta), Allen Ferrell (Havard Law School), Günter Franke (Konstanz University, Germany), Jack Guttentag (University of Pennsylvania), Gang Hu (Babson College), Tetsuya Kamiyama (Nomura Institute of Capital Markets Research, Tokyo), Kei Kodachi (NICMR), Jan P. Krahnen (Goethe University Frankfurt, Germany), Joseph R. Mason (Louisiana State University), Igor Roitburg (Default Mitigation Management LLC), and Eiichi Sekine (NICMR).
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