Financial Services >> Sector Roundtables >> September 30, 2002
JIM FOWLER joined Jolson Merchant Partners as Managing Director in
February 2001. He is a Senior Research Analyst covering the mortgage
finance and specialty finance sectors. Prior to joining JMP, he was a
Principal and Senior Research Analyst at Thomas Weisel Partners,
responsible for public stock coverage and private equity research in the
financial technology sector. He joined TWP after a five-year tenure at
Montgomery Securities. Prior to joining Montgomery, he was responsible
for managing mortgage investments and mortgage trading positions at
Oppenheimer and Co. and Ocwen Financial Corporation. He attended Montana
State University and California State University, and has degrees in
Economics and Finance. Profile
JENNIFER S. SCUTTI is an Executive Director and a Senior Financial
Services Analyst in the Equity Research department of CIBC World
Markets. Since joining CIBC World Markets in March 2001, she has
initiated coverage on a number of sectors within the specialty finance
niche, including the financial technology sector, the commercial finance
group, the credit card/diversified finance issuers and the mortgage
finance companies. She has been featured on CNNfn and is regularly
quoted in a variety of publications. In 2001, Ms. Scutti was recognized
for her earnings estimate accuracy by The Wall Street Journal's 'Best On
The Street' analyst survey, after being named the top financial services
stock picker on Wall Street by the same survey in 2000. She was also
named one of the 25 best stock pickers in Wall Street according to
Bloomberg News and named as an earnings estimate sharpshooter by The
American Banker in 1996. Prior to joining CIBC World Markets, Ms. Scutti
was employed by Prudential Securities from 1994 to 2001 and Lehman
Brothers from 1991 to 1994. She began her Wall Street career in 1989 at
Brown Brothers Harriman. She has a BA from the University of Delaware
and received her MBA in Finance from Rutgers University. She is a member
of the Association of Investment Management Research. Profile
TWST: Jennifer, would you begin with an overview of what's gone on inthe specialty finance/mortgage finance area over the past year or so?
Ms. Scutti: That could be a very long story ' it's