SPOKANE, Wash.--(BUSINESS WIRE)--Complete Financial Solutions Inc. (OTC trading symbol “CFSU”) announced that the assimilation and integration by ACMC of its new Indiana-based underwriting and loan approval office has been successfully completed. The new office now has 17 employees and in its first full month as part of the consolidated operations of Complete Financial Solutions Inc. will fund a minimum of 30 loans.
“We are very pleased with the smooth transition of our new Indiana office," stated Allen Ringer, CEO. "This new addition is expected to provide meaningful revenue growth beginning 2nd quarter and should continue to increase our bottom line for quite some time."
Complete Financial Solutions Inc. is an emerging financial services company. Through its subsidiary companies, CFSI offers mortgage origination and processing services in 26 states. Acceptance Capital Mortgage Corporation (“ACMC”) is a HUD-approved lender allowing ACMC to both bank and broker FHA loans. ACMC offers a spectrum of mortgage products through a variety of correspondent and broker relationships. Insurance Solutions Inc. offers protection products to mortgage customers of ACMC and to the general public. For more information, visit our website at www.cfsi.biz.
This press release may contain forward-looking statements that involve risks and uncertainties concerning our expected performance and comments within the safe harbor provisions established under The Private Securities Litigation Reform Act of 1995. Actual results may differ materially from the results predicted and reported results should not be considered as an indication of our future performance. We believe that these potential risks and uncertainties include, without limitation: uncertainty regarding our future revenue growth, operating results and profitability; our business being dependent on the health of the mortgage industry; and the effect of industry restructuring, higher interest rates or adverse economic conditions. Statements in this release should be evaluated in light of these factors. These risk factors and other important factors that could affect our business and financial results are discussed in our periodic reports and postings with the OTC Disclosure and News Service, which are available at www.otcmarkets.com. CFSI undertakes no duty to update or revise any forward-looking statements.