Member News

Special Olympics Florida Recognizes The Contributions of Structured Asset Funding CEO Andrew Savysky

February 02, 2017

Nasif (Left), Andrew Savysky (Right

This month, Special Olympics Florida recognized NASP Board Member and Structured Asset Funding CEO Andrew Savysky for his contributions to the Special Olympics and Special Olympics Unified Sports, which pairs Special Olympics athletes with partners for training and competitions. In 2013, Andrew partnered with Special Olympics competitor Nasif and began training for long-distance races. For the last three years, they have regularly trained together and competed in multiple races, including 5Ks, 10Ks, half-marathons, and the Special Olympics Florida's long distance state championships. NASP congratulates Andrew and Nasif on these accomplishments! 

Singer Asset Finance Company Shows Holiday Spirit by Donating to Marines Toys for Tots Foundation

December 12, 2014

Boca Raton, Florida – December 12, 2014 - Singer Asset Finance Company, L.L.C., which was founded in 1995, is a leading purchaser of structured settlement and annuity payments.   

Singer Asset Finance Company and its employees supported the U.S. Marine Corps Reserve Toys for Tots Foundation by donating toys that will be given to children in need.  Members of the U.S. Marine Corps Color Guard visited One Boca Place on December 10th to collect donations.  The mission of the program is to collect new, unwrapped toys each year and distribute those toys as gifts to less fortunate children in the community in which the campaign is conducted.  The event included an observance of a moment of silence in honor of active duty military personnel who are unable to be with their families during the holidays so that we may be with ours.

Singer Asset Finance donated a large variety of toys for boys and girls between the ages of 3 to 14.  The donated toys included childhood favorite board games and toys with themes currently popular with youngsters, including superheroes and characters from Disney’s Frozen.

“We are delighted to spread joy to youngsters during the holiday season by donating toys to children who are less fortunate” said Singer Asset Finance’s CEO, Howard Weinberger.

Singer Asset Finance is an industry pioneer and national leader in converting structured settlements, lottery winnings, and annuities into lump sums.  Since inception, Singer Asset Finance has purchased nearly $1 billion in future annuity payment streams.  Singer Asset Finance is a founding board member of The National Association of Settlement Purchasers, the national trade association for companies who purchase structured settlement annuity payments.

For more information about Singer Asset Finance please visit its website at http://www.singerasset.com or contact Howard Weinberger directly at (800) 670-6777. 

Liberty Settlement Funding Joins NASP

November 20, 2014

Fort Lauderdale, FL, November 10, 2014 – Liberty Settlement Funding is proud to announce their recent induction into the National Association of Settlement Purchasers (NASP).  The National Association of Settlement Purchasers (NASP) is the only trade association serving the secondary market for Structured Settlement transfers. Since 1996, NASP has worked diligently to educate the public, regulators, and others about the benefits of settlement transfers, how they work and how they are regulated.

Marc Hermes, President of Liberty Settlement Funding, commented, “We view this opportunity as a sign of our commitment to being a leader in the industry.”  Jim McCabe, Chief Executive Officer at Liberty Settlement Funding commented, “We are very excited to be part of such an important organization and look forward to helping ensure the industry remains fair, competitive and transparent.”

Liberty Settlement Funding is comprised of structured settlements and specialty factoring industry veterans.   Liberty Settlement Funding offers flexible cash options to individuals who hold illiquid structured settlement payment rights and other deferred payment streams. The financial experts at Liberty Settlement Funding tailor financial solutions that provide individuals the liberty to begin living life on their own terms.

About Liberty Settlement Funding

Liberty Settlement Funding is a family-owned and operated specialty finance company that purchases structured settlement and annuity payment rights. They are here to help people who are receiving periodic payments from an insurance company and need access to their money now.

DRB Capital Appoints New Executive Chairman

July 18, 2014

Delray Beach, FL – July 14, 2014

Leader in Annuity Industry Strengthens Resources — DRB Capital announced today that James Terlizzi has joined the firm as its Executive Chairman.

Mr. Terlizzi comes with a wealth of experience in the specialty finance space. As one of the original members of Peachtree Settlement Funding, he helped preside over the growth of the Peachtree family of companies for over 12 years as CEO until the merger of the company in 2011. Under Mr. Terlizzi’s guidance in 2006, Peachtree went public on AIM of LSE and was later sold to Credit Suisse and DLJ Merchant Banking at a valuation of nearly $800M.

DRB’s acting CEO, Antony Mitchell, said “With over 25 years’ experience in starting, building and operating specialty finance companies, Jim’s wealth of industry knowledge has already made him a key addition to DRB Capital.  We view his appointment as a sign of our commitment to being a leader in the industry.  We are fortunate to have the opportunity to work with someone of his caliber and expertise.”

About DRB Capital

DRB Capital is an industry leading annuity purchaser, providing options for people in need of cash. DRB is committed to its sellers and has a passion for excellence. We offer liquidity and optionality to prospective sellers in need of cash who have guaranteed or life contingent structured settlements, annuities and/or investment annuities.

Contact Information
Mark Mruz – Director of Marketing
mmruz@drbmail.com
561.982.3486

MyLumpsum LLC Approved for Membership

June 30, 2014

NASP is pleased to announce MyLumpsum LLC was approved for membership at NASP’s Board of Directors Meeting on June 7, 2014. “We are pleased welcome MyLumpsum LLC as a member to work alongside NASP members in our efforts to ensure that the secondary market for structured settlement transfers remains fair, competitive, and transparent,” said Andrew Savysky, Chair of NASP’s Membership and Finance Committee.

The principals of MyLumpsum LLC are industry veterans who formed part of Peachtree Settlement Funding’s senior executive management, prior to its merger with JG Wentworth in 2011.

MyLumpsum LLC is the originator for Oxford International Group, LLC, a specialty finance company focusing on the acquisition of illiquid, high quality financial assets, which announced the closing of an equity and debt financing transaction with affiliates of Fortress Investment Group earlier this year.

Together with NASP’s other members, MyLumpsum LLC looks forward to working diligently in educating the public, regulators, and others about the benefits of settlement transfers, how they work and how they are regulated.

Contact: 
Susan Barnes 707-888-2647
NASP Association Administrator

MyLumpsum LLC 
Attn: Media Relations 
Media(at)MyLumpsum(dot)com 
See also http://www.MyLumpsum.com