Monthly Archives: May 2013
Thursday, May 30, 2013 | as of 9:43 AM ET
MAY 29, 2013 11:53am ET
New Investment Firm Provides Financing for MSRs
Independent mortgage banks seeking to expand their loan production or servicing portfolios may find a new source of funding and private equity capital through MorVest Capital.
The newly launched investment firm wants to provide a bridge between “deserving” mortgage bankers and the investment community, according to MorVest Capital president and chief executive David Fleig.
May 20, 2013
For Immediate Release:
MorVest Capital, LLC is a boutique investment firm primarily focused on providing capital and strategic solutions to the mortgage banking and housing industry.
Led by David Fleig: President/CEO, Stephen Hinckley: Chairman, and John Sullivan: EVP/CFO, MorVest provides investment advisory and capital management services pursuant to highly targeted housing financial services investments. Fleig and Sullivan are long-time industry veterans and worked together as founding principals and operators in firms that employed sucessful niche industry investment strategies focused on warehouse lending and direct investment in MSR, generating excellent returns for their institutional and high worth individual investors. According to Mr. Fleig, “Independent mortgage bankers have extremely compelling opportunities to grow their production platforms and add to their servicing portfolios, but face a funding gap. MorVest Capital is the bridge between deserving operators and the investment community.” Read More
© 2013. MorVest Capital.