Oak Street Financial Services Inc., Carmel, Ind., has announced a filing with the Securities and Exchange Commission for an initial public offering of common stock.Oak Street Financial, the parent company of Oak Street Mortgage LLC, said it intends to qualify as a real estate investment trust for federal income tax purposes. The managing underwriter for the planned IPO is Friedman, Billings, Ramsey & Co. Oak Street Mortgage originates nonconforming, jumbo, and, conforming mortgage loans secured primarily by first liens on single-family residences.
Oak Street Plans IPO
May 14, 2004, 2:00 p.m. EDT 1 Min Read
