Mortgage Assistance Center Corp. Acquires Asset Pool

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Dallas-headquartered Mortgage Assistance Center Corp. has acquired a $3.3 million pool of residential assets. This residential pool has properties in 12 states and is the second multi-million dollar acquisition since October.

‘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,’ notes Ron Johnson, president and CEO of Mortgage Assistance Center.

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