Saxon Capital Inc., a real estate investment trust based in Glen Allen, Va., has announced that it is now conducting the retail business of Saxon Mortgage Inc., a wholly owned indirect subsidiary, under the trade name Saxon Home Mortgage.The move, representing a consolidation of all the residential mortgage REIT's production channels into Saxon Mortgage, was accomplished by merging another wholly owned indirect subsidiary, America's MoneyLine Inc., into Saxon Mortgage. "This name change is an important step in the company's continuing effort to restructure its direct-to-consumer lending platform," said James V. Smith, executive vice president of production at Saxon Capital. The company can be found online at http://www.saxoncapitalinc.com.
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