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.

About the author

National Mortgage Professional

Link copied

Published

Jul 02, 2007

People On The Move

James Brody, Esq. Now Owner Of New, National Compliance, Litigation Law Firm

JW Brody | Compliance & Litigation to serve IMBs, mortgage brokers, depositories, credit unions, and fintechs

James Brody, Esq., is blazing his own trail and has begun a new position as owner of the freshly launched JW Brody | Compliance & Litigation. Prior to this, Brody was senior partner at Garris Horn LLP, a national law firm focused on compliance, litigation, and transa...

Non-QM

A&D Mortgage Completes $427M Non-QM Securitization

Company says transaction highlights expansion in the Non-QM market, notes it expects to price more deals this year

A&D Mortgage, an issuer of Non-QM residential mortgage-backed securities, has closed its second securitization this year, along with Atlas Merchant Capital and Imperial Fund. The $426.67 million transaction marks the 25th issued with A&D-originated collateral and...