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1. Black-backed Woodpecker description
- www.nps.gov
- Black-backed Woodpecker (Picoides arcticus).
- Five species of woodpeckers occur in Yukon-Charley Rivers National Preserve: the Northern Flicker and the Three-toed, Black-backed, Downy and Hairy Woodpeckers. ...
- Descriptions: The uncommon Black-backed Woodpecker dwells in conifers of boreal forests, particularly those in burned over areas with dead standing trees and snags. ... Black-backed Woodpeckers closely resemble Three-toed Woodpeckers in plumage, as both are the only golden-crowned forms and both lack inner, rear toes (hence, both are actually "three-toed"). However, as their name implies, the larger Black-backed Woodpeckers (24cm in length) are recognized by their unique, solid-black backs and upperparts; the backs of the smaller Three-toed Woodpeckers (22cm) are stippled in black-and-white. Black and white overall, only male Black-backed Woodpeckers display the distinctive golden cap (the cap of females is solid-black). ...
- Vocalizations: Black-backed Woodpeckers drum rather than sing. ...
- Nests: Each year, Black-backed Woodpeckers chisel nesting cavities underneath branches of conifers or snags. ...
- Diet: During the breeding season, Black-backed Woodpeckers primarily consume insects and insect larvae (wood-boring beetles and ants) from trees with easily peeled bark, such as burned trees and snags. ... While flaking off the charred bark in search of insects, Black-backed Woodpeckers expose the orange cambium underneath, thereby producing orange spots on otherwise black tree trunks. Black-backed Woodpeckers also eat the mast and cambium of tree bark and some fruits.
- Distribution: Black-backed Woodpeckers are year-round residents of North America and occur from interior Alaska across most of Canada, and south into the western states. ... Only one Black-backed Woodpecker was encountered during the survey and it was located in a recent burn in the boreal forests of the Ogilvie Foothills (OF) ecological unit. ...
- Detection of 1 Black-backed Woodpecker by detailed ecological unit in Yukon-Charley Rivers National Preserve, Alaska, Avian Inventory, June 1999 and 2000.
2. Slaty-backed Gull at the Davis Oxidation Ponds, California
- fog.ccsf.cc.ca.us
- Slaty-backed Gull.
- Eventually the gull started to preen and fly about and Jon said that he could find nothing wrong with the bird for first-year Slaty-backed, but that he has never identified a bird in that plumage in North America before. ...
- Steve Hampton felt the bird was a dead-ringer for a swimming first winter Slaty-backed filmed in Japan on Jon Dunn's "Advanced Birding - Large Gulls" video tape.
- They differed from the putative Slaty-backed in their rounder head, speckled greater coverts, darker wing-tips, and more extensive dark primaries. ...
- I think the bird has been documented quite well but await opinions from those with more knowledge and field experience with this plumage of Slaty-backed. From what I have seen thus far, I am uncomfortable passing it off as any kind of hybrid and am leaning toward the theory that it actually is a Slaty-backed.
- There are no accepted records of Slaty-backed Gull in California, but two prior records are currently under review by the California Bird Records Committee; one near adult at the Salton Sea and a second year bird at Ventura. ...
- For comparison, here is a 1st spring Slaty-backed Gull photographed by Peter LaTourrette in Siberia, 27 May 1998 which I think compares favorably with the Davis bird. ...
- Here is another 1st spring Slaty-backed Gull photographed in Honshu, Japan in February 1998. ...
3. Black-backed Woodpecker
- www.birdnature.com
- Black-backed Woodpecker.
- The Black-backed Woodpecker is missing a hind toe and thus only has two toes in front and one behind. ...
- The Black-backed Woodpecker is an active bird, climbing along a branch looking for insects and in a few moments goes to another part of the same tree or to another tree. ...
- The song of the Black-backed Woodpecker a sharp or hard kik or pik sound and short. ...
- The Black-backed Woodpeckers diet includes approximatley 75% of insects such as wood-boring beetles, grubs, weevils, ants, ants, other beetles, and spiders. ...
- Other names for the Black-backed Woodpecker is Arctic Three-toed Woodpecker and the more common Three-toed Woodpecker.
4. Slaty-backed Gull
- www.wfo-cbrc.org
- Slaty-backed Gull Larus schistasagus.
- Slaty-backed Gull Larus schistasagus.
5. asiansecuritization.com
- asiansecuritization.com
- Resources on asset-backed securities.
6. Slaty-backed Gull at landfill site in Renfrew County
- www.renc.igs.net
- We weren't sure what species the gull represented and it has taken until now (November 24) to gain confidence that it is a 1st winter Slaty-backed Gull. ...
- This site contains resources to many species of gulls as well as all plumages of Slaty-backed Gull. ... htm First winter Slaty-backed Gull Larus schistisagus, Miura Kanagawa Japan, March 22nd 2002. ... This feature varies from dark to light in this species and the "Plumage of first-year Slaty-backed seems exceptionally prone to fading, especially on retained wing and tail feathers. ...
7. Securitization / Securitisation / Asset Backed Securities / MBS / Mortgage Backed Securities
- www.asset-backed.com
- Commercial Mortgage Backed Securities: A Market Overview .
- Moody's Approach to Rating SBA Loan-Backed Securitizations .
- Asset-Backed Financing in Germany: Legal Concepts Affecting the Securitization of German Receivables .
- Understanding Asset-Backed Commercial Paper .
- French Asset-Backed Commercial Paper Conduits .
- Asset Backed Securities: A Practical Guide for Investors .
- asset-backed market go to The Financier's Order Form.
8. Prof. Ian Giddy: Asset-Backed Securities
- giddy.org
- Asset-Backed Securities .
- Asset-backed securities constitute a growing segment of the European and global capital markets. ...
- Why and when should investors buy asset-backed securities? .
- Why and when should companies finance with asset-backed securities? .
- Mortgage-Backed Securities .
- Asset-backed commercial paper .
- Asset-Backed Financing: Applications in Future-Flow Securitization and Securitization of Intangibles .
- Hands-on Exercises: Evaluating and Selling Asset-Backed Securities .
- US Asset-Backed Market Spreads Banc One .
- Asset-Backed Commercial Paper Market Update Moodys .
- Understanding Asset-Backed Commercial Paper Fitch IBCA .
- Asset-Backed Securities in Germany Deutsches Bundesbank .
- Asset-Backed CP .
- Other resources on asset-backed securities: .
- Mortgage-Backed Securities: .
- An Investor's Guide to Mortgage Securities - A Comparison of Mortgage Pass-Through Securities - A Glossary of Mortgage-Backed Securities - Types of Mortgage-Backed Securities.
9. Mortgage-Backed Securitization: New legal development in Mexico by Manuel Caloca González
- www.natlaw.com
- 2720 0 0 Mortgage-Backed Securitization:.
- The third chapter is focused in the Mexican Legal System in a successive order, beginning from the mortgage credit origination to the issuance and investors for Mortgage backed securities as well as giving a description of how the structure of mortgage securitization takes part after the recently changes to the respective laws.
- Mortgage Backed Securitization in Mexico.
- Securitization, also known as Asset-backed securitization and structured financing has been defined as:.
- As related to mortgages, Securitization is defined as “the financing of real estate through the nontraditional methods of stocks and bonds, known collectively as “mortgage-backed securities” (thereafter “MBS’s”) in order to expand the available lending community and to use more efficient (cheaper) primary and secondary capital sources. ...
- “In the simplest form, as a “stand-alone Securitization” 32 , Mortgage backed securitization can be visualized: 33 .
- A pool (portfolio) of mortgages generating payments, “with similar characteristics as to quality, term and interest rate” 39 40 , which are owned by the originator 41 are sold to an entity known as the Special Purpose Entity (SPE), 42 that is an intermediary entity, which purchases those rights of payment of the mortgages by selling or issuing 43 “interests” backed by the value of the conveyed mortgages and paid through their liquidation. ...
- Also, many financial institutions that purchase asset-backed securities in the private markets require ratings in order to satisfy either regulatory requirements, investments guidelines, covenant restrictions, or internal policies. ...
- The Mortgages-Backed Securities that could be issued are divided in three general classes: a) Pass-through certificates; b) Mortgage-backed bonds, and c) Pay-through bonds. ...
- “The Ginnie Mae pass-troughs are essentially riskless with respect to default because of a layering of financial safeguards”: 67 “First, the pass-throughs are backed by mortgage loans held in trust for the certificate (securities) holders. ... 68 “Because it is a direct agency of the United States Government, Ginnie Mae pass-throughs are backed by the full faith and credit of the federal government”. ...
- b) “Mortgage-backed bonds” (MBB’S) “are debt obligations of the issuing institution. ...
- “A “pay-through bond” is a hybrid of the pass-through and the Mortgage Backed Bonds (MBB’s). ...
- Issuers of Mortgage-backed Securities, other than regulated financial institution, are subject to the Bankruptcy Code, 78 and their insolvency raise problems such as the automatic stay and the preferential transfer problem: 79 .
- Mortgage Backed Securitization in Mexico.
- President Fox’s housing goal is to build in Mexico 750,000 houses a year by 2006 115 and Mortgage-backed securitization is a good financial tool to accomplish it. ...
10. Asset-Backed Securities, by Phillip L. Zweig: The Concise Encyclopedia of Economics: Library of Economics and Liberty
- www.econlib.org
- Asset-Backed Securities .
- Asset-backed securities enable depository institutions, finance companies, and other corporations to "liquefy" their balance sheets (i. ...
- As the leading bank issuer of credit cards, Citibank has also emerged as the largest issuer of securities backed by credit card receivables. ... In 1991 it issued more than $5 billion in securities backed by the Discover card and retail-store credit card receivables, as well as loans for recreational vehicles and autos. ...
- Investor acceptance of asset-backed securities has grown as the market matured. ... Credit card-backed securities, which in 1991 represented the largest single category of new issues (41 percent of the dollar volume), have settled into a trading range of 65 to 105 basis points (0. ...
- Not surprisingly, asset-backed securities evolved out of the mortgage-backed securities market, which developed in the seventies when interest rates surged and thrift institutions found themselves saddled with residential mortgages that were earning less than what they were paying for deposits. Compared with mortgage-backed securities, asset-backed issues have been relatively unaffected by swings in interest rates. ... In that respect, asset-backed securities resemble noncallable bonds. ...
- Another early milestone came in October 1986, when GMAC issued $4 billion in notes backed by automobile loans. ...
- Although the legal devices used to package nonmortgage assets are very similar to those used for mortgage-backed securities, there are several key differences. For one thing, mortgage-backed securities are guaranteed by U. ... In contrast, issuers of asset-backed securities typically gain a top investment-grade rating by selling the assets into a "bankruptcy-proof" entity, called a special-purpose company or trust, and cushioning investors against loss of principal with one or more kinds of credit support. ...
- According to Asset Sales Report, a trade newsletter, the volume of new public asset-backed debt reached a record $50. ...
- To some extent, however, the expected decline in volume of credit card issues could be offset by growth in other, newer types of securities, such as those backed by home equity loans, "floor plan" loans used to finance automobile dealer inventories, and trade and lease receivables. ...
- Investment bankers also think the fledgling but erratic overseas asset-backed securities market might eventually pick up some steam. In 1991, according to Investment Dealers' Digest, dollar volume of new European asset-backed issues fell by more than half, to $2. ...
11. Mortgage-Backed Securities
- www.riskglossary.com
- Mortgage-Backed Security.
- Fannie Mae Freddie Mac Ginnie Mae mortgage-backed security mortgage pass-through prepayment risk private-label mortgage-backed security servicing fee.
- A mortgage-backed security (MBS) is a securitized interest in a pool of (typically residential) mortgages. ...
- asset-backed security A securitized interest in non-mortgage assets.
- Handbook of Mortgage-Backed Securities.
- Mortgage-Backed and Asset-Backed Securities.
12. UMB Bank - Investment Banking - Mortgage Backed Securities
- www.umb.com
- Mortgage Backed Securities.
- Mortgage Backed Securities.
- Mortgage backed securities are created by institutions that buy loans from lenders such as banks and auto companies, package (pool) the loans together, and then issue securities representing an interest in the underlying pools. ...
- For more information on mortgage backed securities, ask to speak to a UMB Scout Brokerage representative at any UMB banking center or visit UMB Scout Brokerage Services.
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