Atlantic Capital Funding Changes Name to SBM Mortgage Corporation; Mortgage Division Adopts SBM Brand and Launches New Website.BETHESDA, Md. -- SBM SBM - Solution Based Modelling Financial Group ("SBM") announced today the new name for its mortgage division, SBM Mortgage Corporation ("SBM Mortgage"). The mortgage company was previously known as Atlantic Capital Funding Corporation ("ACFC ACFC American Coalition for Fathers and Children ACFC Address and Control Field Compression ACFC American Cash Flow Corporation ACFC At the Customer for the Customer ACFC Association of Canadian Film Craftspeople ACFC Association of Canadian Financial Corporations "). The name change is part of SBM's strategic objective to combine all of its products, services and business lines under the SBM corporate identity. As part of this rebranding, SBM Mortgage has launched a new website: www.sbmhomeloans.com. "Our goal has been to enhance the SBM-branded product and service lines, and we're excited to now include our mortgage operation under the SBM corporate identity," stated SBM President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Eric M. Westbury. "This was the final step in our corporate rebranding process." SBM Mortgage is a full-service mortgage broker based in Bethesda, MD. The firm originates both residential and commercial mortgages in the District of Columbia District of Columbia, federal district (2000 pop. 572,059, a 5.7% decrease in population since the 1990 census), 69 sq mi (179 sq km), on the east bank of the Potomac River, coextensive with the city of Washington, D.C. (the capital of the United States). , Maryland and Virginia. Since its founding as ACFC in 1997, the firm has originated over $500 million in loans. "The new name and website really solidify our mortgage operation as a part of the SBM Financial family," stated Ellen M. Davis, Managing Director of SBM Mortgage. "Our customers will also benefit from the support we have by being a part of a larger financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company and the quality of products and services it provides." SBM Financial is a financial services company whose subsidiaries provide financial products and services to the retail and institutional marketplace. SBM Mortgage Corporation offers a variety of mortgage products to borrowers in the Mid-Atlantic region. SBM's Investment Products division is engaged in face-amount certificate Face-amount certificate A debt security issued by face amount. The holder makes payments periodically to the issues, and the issuer promises to pay the purchaser the face value at maturity or the surrendered value if the security is presented by the maturity specified in the operations through SBM Certificate Company and SBM Investment Certificates, Inc. SBM's Principal Investments group provides financing for commercial real estate projects and participates as a principal investor in private equity and debt opportunities. SBM Capital Management provides investment advisory and oversight to institutional and private clients accounts. SBM cautions readers that the statements contained in this press release with respect to its future business plans, operations, opportunities or prospects, including any factors that may affect future earnings are forward-looking statements made pursuant to the safe harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. provisions of the Private Securities Litigation Reform Act The Private Securities Litigation Reform Act of 1995 (PSLRA) implemented several significant substantive changes affecting certain cases brought under the federal securities laws, including changes related to pleading, discovery, liability, class representation and awards fees and of 1995. These forward-looking statements are based upon management's current knowledge and assumptions about future events and involve risks and uncertainties that could cause actual results to differ materially from anticipated results. For more information on SBM Mortgage or its loan products, please contact Ellen Davis. |
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