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... 

Equipment Financing Still Strong With Landmark Financial Corporation

While the media is full of doom and gloom reports about the current economy, Landmark Financial Corporation announces that construction equipment leasing and financing remains stronger then would be expected given current economic news. “Those expecting to see evidence of an overall slowdown in commercial equipment finance activity — or a significant decline in portfolio performance — as a result of the mortgage crisis, rising energy... 

Centerline Supports Federal Government’s Conservatorship of Fannie Mae and Freddie Mac

Centerline Holding Company, the parent company of Centerline Capital Group, an alternative asset manager focused on real estate funds and financing, supports the federal government’s action placing Fannie Mae and Freddie Mac under conservatorship of the Federal Housing Finance Agency (FHFA), their regulator. In response to speculation regarding how government control of the enterprises might affect their multifamily housing finance activities during... 

Prudential Mortgage Capital Company Closes $46.5 Million Loan in Mexico for Verde Realty

Prudential Mortgage Capital Company recently closed a $46.5 million loan in Mexico on behalf of its general account for Verde Realty. The fixed rate 84-month term loan was combined with an existing $93 million loan. The pooled portfolio comprises 22 industrial manufacturing properties located throughout Mexico, in Tijuana, Juarez, Reynosa and Chihuahua. Prudential Mortgage Capital Company is the commercial mortgage lending business of Prudential Financial,... 

Score Optimization System Delivers Melanie Hadley & Cornerstone Mortgage More FHA Loans

i3 Solutions today announced that Melanie Hadley was able to close what was once an impossible FHA mortgage loan by utilizing i3 Solutions’ latest technology, S.O.S. – Score Optimization System, which has revolutionized the credit repair industry allowing mortgage professionals across the country to close more loans that were once unobtainable. More and more mortgage professionals like Melanie Hadley are turning to the services of i3 Solutions,... 

Coachmen Housing Group Announces New Mortgage Program

All American Homes® and Mod-U-Kraf Homes®, both subsidiaries of the Coachmen Housing Group, today announced the launch of a new initiative to help provide prospective home buyers with more options for the financing of the company’s new homes. All American Choice Mortgage™ will offer most types of home mortgages including construction-to-permanent loans to buyers purchasing new All American or Mod-U-Kraf homes through the company’s network... 

The Locke Group and Sovran Self Storage Close Acquisition of Lock-N-Key Portfolio

The Locke Acquisition Group LLC announced today that it represented Sovran Self Storage, Inc. in its acquisition of Hendry Investments Inc.’s 21 self storage facilities operated under the trade name Lock-N-Key. Sovran Self Storage is a Real Estate Investment Trust listed on the NYSE under the symbol SSS. Sovran will operate the properties under its brand: Uncle Bob’s Self Storage. The portfolio, valued at $143 million, was acquired by Sovran through...