Items Tagged with 'The Mortgage Store'

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  • TMSF Terminates Agreement to Purchase Central Pacific's Wholesale Division

    Adding to the drama of a saga that has confused both industry insiders and trade press alike, TMSF Holdings, Inc. said Tuesday that it has terminated its agreement to purchase the wholesale operations of Fulsom, Calif.-based Central Pacific Mortgage, which shut down earlier this week due to an inability to make payroll for its more than 260 employees. “We determined that proceeding with the asset acquisition agreement was not, as originally perceived, in the best interest of TMSF Holdings shareholders,� commented Raymond Eshaghian,CEO of TMSF Holdings, Inc. “TMSF will pursue other opportunities in the marketplace that will better serve our shareholders.�
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