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Press Releases

Phoenix Capital, Inc. assisted with the following sales of Mortgage Servicing Rights:    

 October 2, 2006:

Irwin Financial Corporation Announces the Sale of Its Conforming, Conventional Mortgage Servicing Asset  - Irwin Financial Corporation (NYSE: IFC), today announced the sale of substantially all of its conforming, conventional mortgage servicing portfolio (MSRs) for approximately $261 million.  The portfolio was sold to four independent acquirers.  Transfer of the portfolio and associated escrow deposits will begin in November and be substantially complete by January 3, 2007.

 

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