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Article: Oak Street Moves on Diversification Strategy.
- Article from:
- PR Newswire
- Article date:
- August 20, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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INDIANAPOLIS, Aug. 20 /PRNewswire/ -- Steve Alonso, Chairman and CEO of Oak Street Mortgage LLC(SM) announced today a joint venture with Hudson & Keyse, Inc., a retail/commercial debt recovery service. Oak Street is one of the leading players in the mortgage industry, building a solid management team and enjoying significant growth in the mortgage sector over the past couple years.
"Consistent with Oak Street's diversification strategy, we have been actively seeking opportunities to invest growth capital in the financial services sector that will enhance our shareholder's value," said Alonso. "Hudson & Keyse is an excellent fit for Oak Street. They have run a ...