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Credex partners with LoanAce

Jan 10, 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
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