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MACC Hires Counsel

Mortgage Assistance Center Corp. here has retained Michael Caolo Jr. of Michael Caolo & Associates as its corporate legal counsel.

Mortgage Assistance Center Corp., which acquires, manages and resells nonperforming secured real estate mortgages and distressed real estate properties, is a newly public company.

CEO Dale Hensel explained in a news release that the company hired Mr. Caolo "because of his extensive experience with small-cap companies, high ethical standards and ability to provide valuable guidance as to how we can best serve our shareholders."

The company, which trades under the symbol MTGC on the OTC Bulletin Board, is located on the Internet at www.askthemac.com.

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