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Credex partners with LoanAce

National Mortgage Professional
Jan 11, 2007

Deutsche Bank acquires MortgageIT HoldingsMortgagePress.comDeutsche Bank MortgageIT acquisition Deutsche Bank has completed the acquisition of real estate investment trust MortgageIT Holdings Inc. for $14.75 in cash per share of common stock, or approximately $430 million. MortgageIT will become a part of Deutsche Bank's Residential Mortgage Backed Securities Group, and Doug Naidus, CEO of MortgageIT, will become a managing director and head of mortgage origination within the group. Deutsche Bank is a global investment bank, with a corporate office in New York. For more information, call (212) 250-2500 or visit www.db.com.
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