Paladin Strategic Partners acquired a controlling interest in HomeSaver Mortgage Management.

HomeSaver and its partners believe that the number of borrowers facing foreclosure will increase considerably over the next 12 months. The continuation of present trends shows the advantages of the alternative forms of resolution that are consistent with the prudent regulation of the banking system, which holds over $2.9 trillion in residential whole loans. It also supports political realities and social responsibility, according to a release about the purchase.

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