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Jun 08, 2006

Deutsche Bank and Pinnacle Financial launch new companyMortgagePress.comMortgage mergers, Deutsche Bank, Pinnacle Financial Deutsche Bank Securities Inc. has entered into a joint venture with Pinnacle Financial Corporation to form Pinnacle Commercial Mortgage LLC, an originator of multi-family, commercial and mixed-use alt-A, small-balance mortgage loans. "Through this joint venture, Deutsche Bank and its residential mortgage-backed securities business will continue its expansion in U.S. mortgages and enhance the bank's securitization capabilities," said Phil Weingord, managing director and head of Deutsche Bank's Global Markets Americas unit. "This partnership demonstrates our continued commitment to providing new and innovative products for our clients in the mortgage space." Deutsche Bank Securities Inc. is a global investment bank with its U.S. corporate headquarters in New York. For more information, call (212) 250-2500 or visit www.db.com. Pinnacle Financial Corporation is a mortgage lender based in Orlando. For more information, call (800) 421-5626 or visit www.pinnaclefinancial.com. Pinnacle Commercial Mortgage LLC is an alt-A, small-balance mortgage originator based in Orlando. For more information, call (877) 726-9433 or visit www.pcmnationwide.com.
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Jun 08, 2006
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