Mortgage Vet Buys 50% Stake in South Bay

CorpHQ Inc., Redondo Beach, Calif., has announced the acquisition by mortgage industry veteran Jeff Hoagland of a 50% ownership interest in CorpHQ's portfolio company, South Bay Financial Solutions.Mr. Hoagland, who has experience in both retail and wholesale lending, will also serve on the South Bay board of directors. CorpHQ said South Bay provides pre-foreclosure programs as well as traditional mortgages to homeowners in Southern California. CorpHQ can be found on the Web at http://www.corphq.com.