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Article: Oak Street Diversifies to Build Long-Term Sustainability Launches Oak Street Funding.
- Article from:
- PR Newswire
- Article date:
- September 2, 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, Sept. 2 /PRNewswire/ -- D. Scott Clarke, Executive Director, announced today that Oak Street, one of the fastest growing companies in the mortgage industry, has launched Oak Street Funding. Oak Street Funding is the second step in Oak Street's diversification strategy. Oak Street Funding will provide loans to insurance professionals for business development. Oak Street Funding will be headed by Rick Dennen, Director of Corporate Development. (See http://www.oakstreetfunding.com/ )
Earlier this year, under Clarke's direction, Oak Street considered leveraging their mortgage industry position to build a more diversified business structure. This ...