10 /PRNewswire/ -- Lightyear Capital, a private equity investment firm that manages $2 billion in assets, said today that it has completed its previously announced acquisition of DeepGreen Bank's ("DeepGreen") home equity lending
platform and operations from Cleveland-based Third Federal Savings and Loan Association, MHC.
A demonstration of this solution can be arranged with Bankers Systems at the CBA's Home Equity Lending
An enhanced home equity lending
product is the latest example of the continued success of our efforts.
We are continuing to experience growth in all areas of the business, especially on the wholesale side and in home equity lending
As a lender that has a specialized focus in home equity lending
, we are continuously striving to further educate the industry and develop innovative ways to incorporate home equity as a primary business focus for lenders and brokers," said Lorne Lahodny, president and CEO of Secured Funding.
Winstead's Mike O'Neal and Brian Morris are scheduled to present on the new legislative and regulatory updates and current litigation issues relating to Texas home equity lending
Angela's addition to the DeepGreen team enables us to strengthen our positioning as a market driven innovator in home equity lending
," Sy Naqvi, chief executive of DeepGreen Financial said.
As Secured Funding generates record business into 2006, we continue to redefine home equity lending
by improving efficiency and strengthening connections between the customer, broker and investors," added Lahodny.
Dorado wants to help PNC focus on what the bank does best -- driving a high level of volume, service and responsiveness in home equity lending
DeepGreen Financial, a leader in home equity lending
and business process outsourcing, was presented with the Inman Innovator Award in the Mortgage Technology category Wednesday at the Real Estate Connect conference in San Francisco.
The AVM Module eliminates the need for an appraiser and helps Mark IV users quickly and accurately determine home values - either when processing mortgage applications or in home equity lending
," said Steve Sargent, president and CEO of North Richland Hills, Texas-based Cypress.
However, the company recently announced that it has entered into a definitive agreement to sell its sub-prime home equity lending
group, Centex Home Equity Company LLC (CHEC).