The International Society of Life Settlement Professionals has announced it will be hosting a series of educational webinars beginning Wednesday October 21. The first of three monthly webinars will serve as a follow-up meeting to discuss the recent Senate Finance Subcommittee hearing about the life settlement industry as well as the recent issues in the media such as life settlement securitization.
"Our webinar sessions will enable participants to perform objective and in-depth analysis of industry developments and expose any conduct that would diminish the value of life settlement (life settlements investment) transactions," said Andreas Hauss, ISLSP founder. "These transactions offer the seller needed liquidity and the investor non-correlated diversification to rebuild their wealth in these difficult economic times."
The recent senate hearing was about misconceptions about the prospective securitization of senior life settlements investment policies despite contrary and verifiable knowledge that life settlements do not pose risks similar to those experiences with mortgage backed securities.
Most importantly, subcommittee member Rep. Alan Grayson (D-FL) warned the committee to not confuse the Wall Street misbehavior that led to the current economic hardships with an industry that’s "helping people get the full value of their policies."