Littlebanc Advisors and Affiliate LB Merchant Lead $3.2 Million Investment in PSM Holdings, Inc., a Full-Correspondent Mortgage Lender
Marketwire - Thu Apr 03, 1:02PM CDT
Littlebanc Advisors, LLC and affiliate LB Merchant, LLC are pleased to announce the completion of a $3.2 million investment in PSM Holdings, Inc. (OTCQB: PSMH) in the form of Series C and Series D Convertible Preferred Stock. Littlebanc acted as the sole placement agent for both the Series C and Series D shares. In the offering Littlebanc married firms and individuals, leading the investment with $1.8 million of their own investor's capital via LB Merchant's second investment in the company, and bringing together two other institutional investors to fill the remaining $1.4 million of the offering.
PSM Holdings, Inc. (PSMH) Closes $3.2MM Capital Raise
PR Newswire - Thu Apr 03, 10:25AM CDT
PSM Holdings, Inc., (OTCQB: PSMH) is pleased to announce it has issued 1,800 units of Series C Convertible Preferred Stock and 1,400 units of Series D Convertible Preferred Stock for gross proceeds of $3,200,000. LB Merchant invested $1,800,000 in the Series C Convertible Preferred Stock. Two institutional investors and one individual investor invested an additional $1,400,000 in the Series D Convertible Preferred Stock.
PSM Holdings, Inc. (PSMH) Rolls Out Fully Delegated Platform at Annual Conference
PR Newswire - Fri Jan 31, 1:30PM CST
PSM Holdings, Inc. (OTCBB: PSMH), announces the roll out of several key initiatives at the PrimeSource Mortgage, Inc. annual conference.
PSM Holdings, Inc. (PSMH) Announces Additions to its Approved States List
PR Newswire - Thu Jan 30, 8:00AM CST
PSM Holdings, Inc. (OTCBB: PSMH), announces the expansion of PrimeSource Mortgage, Inc. into the states of Arizona and Virginia.
PSM Holdings, Inc. (PSMH) Announces the Addition of Wisconsin to its Approved States List
PR Newswire - Tue Jan 07, 7:41AM CST
PSM Holdings, Inc. (OTCBB: PSMH), announces the expansion of PrimeSource Mortgage, Inc. into the state of Wisconsin. Our team in Des Moines, IA, will lead the company's growth and production in Wisconsin.
OTC Signal Daily Stock Watch - PSM Holdings, Inc., (OTCQB: PSMH)
WorldStockWire - Fri Sep 13, 7:00PM CDT
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PSM Holdings, Inc. (PSMH) Announces Changes in Corporate Officers
PR Newswire - Fri Aug 30, 10:39AM CDT
PSM Holdings, Inc. (OTCBB
PSM Holdings, Inc. (PSMH) Announces Hiring of Kent Carter
PR Newswire - Thu Aug 15, 8:52AM CDT
PSM Holdings, Inc. (OTCBB: PSMH), announces the hiring of Kent Carter as a Regional Vice President. Mr. Carter has over twenty years experience originating multi-family and residential mortgages within the retail, wholesale and correspondent channels and is the current President of the Oklahoma Mortgage Bankers Association.
PSM Holdings, Inc. (PSMH) Announces New State Licensing and Adoption of Corporate Policy
PR Newswire - Thu Jul 25, 1:42PM CDT
PSM Holdings, Inc. (OTCQB: PSMH), through our wholly owned subsidiary, PrimeSource Mortgage Inc., (PSMI), is pleased to announce licensing approval by the California State Department of Corporations as a residential mortgage licensee.
PSM Holdings, Inc. (PSMH) Announces New Office in Montrose, Colorado
Marketwire - Fri Jun 28, 6:00AM CDT
PSM Holdings, Inc. (OTCQB: PSMH), through our wholly owned subsidiary, PrimeSource Mortgage Inc. (PSMI), is pleased to announce the opening of a new office in Montrose, Colorado.
PSM Holdings, Inc. (PSMH) Announces New Office in Moab, Utah
Marketwire - Mon Jun 17, 6:01AM CDT
PSM Holdings, Inc. (OTCQB: PSMH), through our wholly owned subsidiary, PrimeSource Mortgage Inc., (PSMI), is pleased to announce the opening of a new office in Moab, Utah.
PSM Holdings, Inc. (PSMH) Announces Third Quarter Results
PR Newswire - Thu May 16, 6:00AM CDT
PSM Holdings, Inc. (OTCQB
PSMH: Back-to-Back Profitable Quarters - Analyst Blog
Zacks Equity Research - Zacks Investment Research - Mon Mar 04, 5:27PM CST
PSM Holdings, Inc. (OTC BB
PSM Holdings, Inc. (PSMH) Announces Second Quarter Results
PR Newswire - Wed Feb 13, 6:00AM CST
PSM Holdings, Inc. (OTCQB
PSM Holdings, Inc. Closes $5.7MM Private Placement
PR Newswire - Thu Feb 07, 7:00AM CST
PSM Holdings, Inc., (OTCQB: PSMH) is pleased to announce it has issued 3,700 units of Series A Convertible Preferred Stock and 2,000 units of Series B Convertible Preferred Stock for gross proceeds of $5,700,000. LB Merchant invested $3,700,000 in the Series A Convertible Preferred Stock. A single institutional investor invested an additional $2,000,000 in the Series B Convertible Preferred Stock. Both the Series A and Series B have a face value of $1,000 per share and are convertible into the Company's common stock at a fixed conversion price of $0.40 per common share, subject to certain anti-dilution provisions. Both the Series A and Series B earn a 6% cash dividend, paid quarterly. In addition, both the Series A and Series B have certain liquidation preferences and customary protective provisions. The current board will be reduced from seven to five, with LB Merchant appointing two of the five board seats.
PSM Holdings, Inc. Announces November Loan Production
PR Newswire - Thu Dec 20, 7:00AM CST
PSM Holdings, Inc., (OTCBB: PSMH), through its wholly owned subsidiary, PrimeSource Mortgage, Inc., (PSMI), is pleased to announce the loan production numbers for November, 2012. The company reports 313 closings for a total loan volume of $55,954,870.