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Dallas -- Mortgage Assistance Center Corp. has purchased a $3.3 million pool of residential assets.
"Our recent agreement this past October with a large Dallas-based investment fund, which provided for up to what is now $75 million in funding, has positioned us to take advantage of the many opportunities like this one in the distressed subprime market," said Ron Johnson, president and CEO of MAC, in a news release.
"We're ready to do business. We have the funds, the infrastructure, and an experienced, professional staff that's ...
Source: HighBeam Research, Mortgage Assistance Center Buys $3.3 Million Loan Pool.(Brief article)