DAS Buys Part of LoanSurfer.com

July 09, 2001, 1:00 p.m. EDT 1 Min Read

DAS Acquisition Co. LLC, St. Louis, has purchased a portion of the assets of LoanSurfer.com LLC for an undisclosed price. Douglas A. Schukar, president and chief executive officer of DAS, said the purchase includes the retail mortgage business for the St. Louis metropolitan area currently operating under the name USA Mortgage, along with the business-to-business private-label mortgage activity and other loan origination phases of the business. Mr. Schukar joined LoanSurfer.com in February of last year as the vice president of sales and new business development.

For reprint and licensing requests for this article, click here.

MORE FROM NATIONAL MORTGAGE NEWS

RMBS

Pros see longevity for residential transition loans

The industry's biggest opportunities involve the evolving cost of capital, which will shift funding sources from the private, local lending markets to institutional sources.

By Donna M. Mitchell

June 13
Originations

Why home equity is high but the typical house's value fell

The average owner experienced a four-figure decline in the first quarter compared to the same period last year even though the negative equity share is low.

By Bonnie Sinnock

June 13
REALTORS & HOMEBUILDERS

Tech-driven homebuyer platform Realpha hits Texas

The company also made several new executive appointments in 2025 as it aims to turn itself into a national one-stop shop with end-to-end home buying services.

By Spencer Lee

June 13
Housing markets

Nada fund buys 132 home equity agreements from affiliate

The transaction is the first in what is planned to be a continued series of purchases by the new fund as it continues to raise capital from investors.

By Brad Finkelstein

June 13
Home equity loans

Home equity investment products set to soar, experts say

Secondary market interest in home equity contracts is drawing new participants, with 2025 securitization activity ahead of last year, industry leaders said.

By Spencer Lee

June 13
Law and legal issues

Trigger leads bill passes in Senate

The House and Senate will need to resolve a slight difference between their versions of the bill before sending it to President Donald Trump for his signature.

By Maria Volkova

June 13