American Eagle Mortgage

OVERVIEW

A residential mortgage bank licensed in Ohio, Kentucky, Indiana, Georgia and Florida, specializing in providing loans through the Federal Housing Administration, US Department of Veterans Affairs and other conventional lending solutions.

HOW DID SCALECO SUPPORT?

Scale Co recapitalized the balance sheet and stabilized underwriting and quality control/operations of the business to significantly reduce mortgage buyback risk. It also helped expand from one location in Ohio to five separate markets in Ohio, Indiana and Florida.

Fund
1

Status
Realized

Date Acquired
September 2009

Exit Date
September 2013

Location
Lorain, OH