Miami, FL, June 28, 2010 --(PR.com
)-- Frank Gonzalez, CPA (Certified Public Accountant) and partner in charge of the Financial Institutions practice of the nationally recognized public accounting firm Morrison, Brown, Argiz & Farra, LLP (MBAF), recently spoke at the National Mortgage News Conference “Buying & Selling Distressed Mortgage Portfolios - Commercial & Residential.” The Conference, held June 10-11 in New York City, aimed to provide critical market intelligence to help sellers and buyers to succeed in this unprecedented market of distressed debt.
Gonzalez’s presentation, titled “Transfers/Sales of Loans, Including Transfers of Loans with Credit Deterioration, and Related Accounting,” was presented during the Residential Sessions track “Pandora’s Box: What are the Issues When a PSA, a Trust, or other Investors are Involved?” on June 11th. His presentation focused on the transfer of portions of financial assets, secured borrowing, transfer of financial asset accounting, required disclosures, and loans and debt securities acquired with deteriorated credit quality.
“Frank’s work at the ‘Distressed Mortgage Portfolios’ conference demonstrates the depth of knowledge and rigor that MBAF brings to bear for its financial services clients,” said Tony Argiz, CEO and managing partner at MBAF.
Directing the firm’s work with community banks, international banks/agencies and mortgage companies, he is highly experienced in the rigorous regulatory and compliance standards applied to the industry, and works with both domestic and international banking organizations. Gonzalez provides audit, business advisory, litigation support and SEC compliance services to South Florida organizations in a wide range of industries, including real estate, community banking, international banking, investment funds, manufacturing, telecommunications and technology.
MBAF is ranked in the top 50 accounting firms in the nation and is the largest independent Florida-based certified public accountant firm in the State. The firm has been ranked as “Best of the Best,” the list of the top 25 performing firms in the country, for 14 years. MBAF provides tax and accounting, audit, technology consulting and litigation support and business valuation services to entrepreneurs, wealthy individuals, private and public corporations and legal practitioners across a broad range of industries.