http://wallstreetnewsalert.com/view-company-profiles.php?profile=EXPU_062110
Expert Financing has been originating conventional and government loans since it's inception. The company started as a retail firm providing millions of dollars in real estate loans to all types of borrowers including domestic and foreign nationals for all kinds of properties including condominiums, single family residences, town houses, commercial buildings like hotels, strip mall, gas station, restaurants, warehouses, industrial facilities and day care to name a few. Expert has also assisted in loans for luxurious projects like the Icon Brickell, Aventura Marina, Williams Island, the Continuum in South Beach, Aqualina and The Trump in Sunny Isles Beach.
Expert Financing operates as a public company with its shares trading on the over the counter under the stock symbol EXPU. As a loan origination and marketing firm, utilized as an independent outsource platform for several national and regional community banks.
Expert Financing operates as a public company with its shares trading on the over the counter under the stock symbol EXPU. As a loan origination and marketing firm, utilized as an independent outsource platform for several national and regional community banks.
Breaking News just released for EXPU
Expert Group, Inc. Signs B2B Agreement with Flagstar Bank Yesterday after the markets closed, Expert Group, Inc. (OTC: EXPU) issued a press release announcing that it has just added Flagstar Bank to its list of wholesale lenders. As part of the agreement, Expert Financing will act as a reseller of Flagstar's Loan Programs.
With 16.8 billion in total assets, Flagstar Bank is the largest savings bank in the Midwest and the largest financial institution headquartered in Michigan. On March 31, 2010, Flagstar operated 162 banking centers in Michigan, Indiana and Georgia and 23 home loan centers in 14 states. Flagstar Bank originates loans nationwide and is one of the leading originators of residential mortgage loans. Flagstar originates home loans nationwide and is one of the leading home originators of residential mortgage loans.
With 16.8 billion in total assets, Flagstar Bank is the largest savings bank in the Midwest and the largest financial institution headquartered in Michigan. On March 31, 2010, Flagstar operated 162 banking centers in Michigan, Indiana and Georgia and 23 home loan centers in 14 states. Flagstar Bank originates loans nationwide and is one of the leading originators of residential mortgage loans. Flagstar originates home loans nationwide and is one of the leading home originators of residential mortgage loans.
Reasons to Consider EXPU- According to the Florida Realtors, Broward County had 766 sales of existing homes in April, up 11 percent from 690 a year ago. Palm Beach County had 918 homes trade hands, a 35 percent increase from 681 last April.
- In Miami-Dade, the year-over-year median home price increased by 8 percent to $192,000, while the jump was 7 percent in Broward, to $204,300. - Florida Realtors
- As EXPU Reported First Quarter originations totaling over $15.8 Million, the Housing Market is continuing to show life as cities across the nation are just starting to see a surge in home sales! Here are FIVE good reasons EXPU should be added to your radar immediately
- For the period of April/May 2010 our company generated net income of $125K, as compared to $45K for the same period in 2009. This represents an increase of 175%
- On April 23rd, 2010 EXPU reported that Expert Financing, Inc continues to experience steady residential mortgage loan activity through the first quarter with 15 million in origination mortgage loans
- EXPU also reported that Expert's Debt decreased approximately $25,000 from December 31, 2009 to March 31, 2010
- According to the Florida Realtors, Broward County had 766 sales of existing homes in April, up 11 percent from 690 a year ago. Palm Beach County had 918 homes trade hands, a 35 percent increase from 681 last April.
- Sales of new single-family homes soared 14.8 percent in April compared with the previous month to a seasonally adjusted annual rate of 504,000, according to Commerce Department data. It was up 47.8 percent compared to the same period a year ago
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