Fasthold to Buy Distressed Mortgage Assets

Fasthold Capital Inc., Orange, Calif., has announced the raising of more than $300 million in committed capital to acquire distressed mortgage assets as a principal investor. Fasthold Capital offers mortgage loan acquisition services that provide capital to companies with distressed assets; advisory services for the liquidation of the assets; and asset servicing systems to help homeowners get through the current real estate crisis. "In a time where some people are using the current real estate crisis to take advantage of customers, we have been successful in building a business based on our commitment to dealing fairly and honestly with our customers and successfully completing transactions," said John Duden, managing partner at Fasthold Capital. The company can be found online at http://www.fastholdcapital.com.