Deutsche Bank, Pinnacle Form Mortgage JV

Deutsche Bank Securities Inc., New York, has announced a joint venture with Pinnacle Financial Corp., an Orlando, Fla.-based mortgage lender, to form Pinnacle Commercial Mortgage LLC.The terms of the agreement were not disclosed. Pinnacle Commercial will be an originator of alternative-A, small-balance multifamily, commercial, and mixed-use mortgage loans. "Through this joint venture, Deutsche Bank and its Residential Mortgage-Backed Securities business will continue its expansion in U.S. mortgages and enhance the bank's securitization capabilities," said Phil Weingord, managing director and head of Global Markets Americas at Deutsche Bank Securities. Pinnacle Financial can be found online at http://www.pinnaclefinancial.com, and Pinnacle Commercial can be found at http://www.pcmnationwide.com. Deutsche Bank Securities is the investment banking and securities arm of Deutsche Bank AG, which can be found online at http://www.db.com.