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Navigating success in small commercial lending

Jul 02, 2007

Oxford Funding to acquire Huntington FinancialMortgagePress.comTexas mortgage brokers Oxford Funding Corporation has entered into a letter of intent to acquire Huntington Financial Corporation. "Huntington brings access to funding and will provide a key element to Oxford's growth strategy, particularly as we see increased volume in underperforming mortgage portfolios," said Oxford CEO Ron Redd. "Our board and management strongly believe that this acquisition is in the best long-term interests of our shareholders, clients and employees." Houston-based Oxford Funding Corporation is a publicly traded asset resolution company specializing in the acquisition, origination and servicing of mortgage loans. For more information, call (713) 975-9602 or visit www.oxfordfunding.com. Huntington Financial Corporation is a commercial and residential mortgage broker based in Houston.
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