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Tidalwave Holdings Inc. here hopes to purchase a mortgage company which has Fannie Mae and/or Freddie Mac approvals.
The company already operates First American Mortgage Securities Inc. and MobileHomeTrader.com.
"We are pleased with the acquisitions we have made in the last year but would like to add a division that does standard conforming loans, with the idea of building a long term servicing portfolio," said Leon Kline, president of Tidalwave.
First American Mortgage Securities has the ability to retain servicing on pools that are ...
Source: HighBeam Research, Fla. Lender Seeks Servicing Presence.(Brief Article)