Diversified Mortgage Workout Corporation Continues to Position Itself to Capitalize on the Fall Out of the Sub-Prime Mortgage Melt Down

Diversified Mortgage Workout Corporation announced that it continues to position itself to capitalize on the sub-prime mortgage melt down.

The company fully believes that once all of the consolidation, acquisitions/mergers and government bailouts that are currently underway and completed, significant opportunities will exist to acquire deep discounted mortgages/portfolios and real property for pennies on the dollar.

The company has currently entered several negotiations to acquire deep discounted small to mid-sized sub-prime portfolios nationwide from smaller banks and mortgage institutions, while simultaneously negotiating additional financing for larger acquisitions of distressed assets through additional debt and equity instruments.

“While we don’t like seeing so much distress and suffering within the industry, it does present significant opportunities for our company; the acquisition terms afforded us will be that much more favorable,” said Victoria Forlenza, President & COO.

The company engages in the acquisition of distressed sub-prime mortgage portfolios, real property and individual troubled homeowner’s mortgages at significant discounts. The company has a current outstanding public float of 2.1 million common shares. Please visit the company’s website at: www.dmwkcorp.com.