Flaherty & Crumrine/Claymore Preferred Securities Income Fund Incorporated (FFC) (NYSE:FFC) and Flaherty & Crumrine/Claymore Total Return Fund Incorporated (FLC) (NYSE:FLC), two closed-end, diversified investment companies, reported on Monday that their boards of directors have approved a name change and the appointment of Destra Capital Investments LLC as shareholder servicing agent as of 28 February 2013.
In connection with the servicing agent change, each fund will change its name.
Subsequently, Flaherty & Crumrine Incorporated will continue to act as each fund's investment adviser and there will be no change in investment strategies or style as a result of the appointment of Destra Capital as shareholder servicing agent.
7 trillion, and only 257 of them have gone through the process of debt restructuring, the debt of 54 others are handled by servicing agent
named by IBRA.
The Company's 20 stores in Pennsylvania and Texas will operate as a marketing and servicing agent for First Bank of Delaware under the bank-funded model.
Additionally, the Company is discontinuing its operations as a marketing and servicing agent for consumer loans that are fulfilled through document transmitter locations.
Paul, MN has selected ARI's EMPARTweb(TM) web-based electronic parts catalog and shopping cart for use by all of their servicing agents and customers throughout the U.
Wipaire's goal has always been to provide our servicing agents and consumers not just with quality products, but with access to all of the parts and service information they need to maintain those products," said Steve Colestock, president of Wipaire.
Although the 'AAA' rating is dependent on Ambac's insurer financial enhancement rating, the underlying transaction is investment-grade quality based on the structural features that limit recycling and withdrawal of funds, a debt service reserve account, and the use of experienced servicing agents
such as Nelnet Loan Services Inc.