SOURCE: Oxford Funding Corporation

June 18, 2008 07:00 ET

Oxford Creates New Investment Opportunity for Accredited Investors

HOUSTON, TX--(Marketwire - June 18, 2008) - Oxford Funding Corp. (PINKSHEETS: OXFD) is now offering individual performing mortgage loans for sale to accredited investors. In addition to selling to bulk buyers, the company is making mortgage investments available at discounts to face value and at significant yields to individuals who qualify. Specific performing loans for sale are listed on the company's website at www.oxfordfunding.com.

"In an era of low yielding monetary investments, investors now will have the opportunity to own a performing mortgage loan at an attractive yield, backed by real estate collateral that has been valued at today's local market prices," said Ron Redd, Oxford's CEO. Available loans range in size from $26,000 on the low end to almost $400,000. "With this mechanism we are now able to offer individual investors the same yields that our institutional investors get when they buy discounted loans from us," said Redd. "We think it creates a win-win situation for our company and our new individual clients."

Complete due diligence packages are available with each file when a purchaser agrees to buy a loan, and each package contains an up-to-date property valuation by virtue of an independent third party report. "Investors will have an opportunity to do their own reviews before settlement," said Redd. "This further increases the margin of safety because of updated values, complete loan histories, and the client's ability to do a complete review before purchase."

Available loans are accessible by clicking on the "Portfolio" tab on the company's website and completing the brief information required to register as an accredited investor.

Safe Harbor Statement under the Private Securities Litigation Reform Act of 1995: This news release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, including statements that include the words "believes," "expects," "anticipate" or similar expressions. Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance or achievements of the company to differ materially from those expressed or implied by such forward-looking statements. In addition, description of anyone's past success, either financial or strategic, is no guarantee of future success. This news release speaks as of the date first set forth above and the company assumes no responsibility to update the information included herein for events occurring after the date hereof.

Contact Information

  • Contact:
    Ronald C. Redd
    1240 Blalock Road, Ste. 210
    Houston, Texas 77055
    Office: 713-975-9602
    Fax: 713-978-6292
    Email Contact