SOURCE: The TCW Group, Inc.

The TCW Group, Inc.

October 20, 2010 19:17 ET

TCW's Whalen, Rivelle to Discuss Foreclosure Controversy on Conference Call

LOS ANGELES, CA--(Marketwire - October 20, 2010) - The TCW Group (TCW), an international asset-management firm, invites you to participate in a conference call covering the current foreclosure situation on Thursday, October 21 with Tad Rivelle, TCW's Chief Investment Officer for Fixed Income, and Bryan Whalen, co-head of the firm's Mortgage-Backed Securities division.

The title of Mr. Rivelle's and Mr. Whalen's presentation is "Update on the Foreclosure Controversy -- Separating News from Noise: Guidance to Investors." Mr. Whalen, a managing director at TCW, wrote recently on the firm's website, www.tcw.com, that the controversy over "robo-signing" of foreclosure documents will likely have only limited impact on the non-agency mortgage-backed securities market.

"Despite all the noise and confusion surrounding the foreclosure process, we continue to have a positive outlook on residential MBS securities," said. Mr. Whalen. "We would like to distinguish some of the misrepresentations in coverage of the foreclosure mess from the underlying facts regarding housing, the foreclosure process and the MBS market."

Please dial in 10 minutes before the scheduled start time to register for the call.

Date: Thursday, October 21, 2010
Time: 1:15 p.m. Pacific Time / 4:15 p.m. Eastern Time

Live Event:
Domestic: (888) 713-4199
International: (617) 213-4861
Confirmation #: 16292396

In addition to the audio-only version of the conference call, TCW offers a live webcast of the call. Please click on the link below to register for the webcast:

Register for the Webcast

About TCW
Founded in 1971, The TCW Group, Inc., develops and manages a broad range of innovative, value-added investment products that strive to enhance and protect clients' wealth. The firm has approximately $110 billion in assets under management. TCW clients include many of the largest corporate and public pension plans, financial institutions, endowments and foundations in the U.S., as well as a substantial number of foreign investors and high net worth individuals. TCW is a subsidiary of Société Générale. For more information, please refer to www.tcw.com.

Contact Information

  • Contact:

    Peter Viles
    Senior Vice President, Corporate Communications
    (213) 244-0509
    Email Contact