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An entrepreneurial company, Prospect Mortgage is growing at a time when other lenders are shrinking and closing. Our business model was formed during a challenging market, so we know what it takes to survive and meet customer needs during these tough times. Prospect Mortgage is backed by Sterling Partners, a private equity firm with approximately $5 billion in assets and a distinct point of view on how to build great companies. Founded in 1983, Sterling has invested billions of dollars, guided by the company’s stated purpose: INSPIRED GROWTH®, which describes Sterling’s approach to buying differentiated businesses and growing them in inspired ways. Sterling focuses on investing growth capital in small and mid-market companies in industries with positive, long-term trends – education, healthcare, and business services. Sterling provides valuable support to the management teams of the companies in which the firm invests through a deep and dedicated team of operations and functional experts based in the firm’s offices in Chicago, Baltimore, and Miami.
Angel Oak Companies is a collective of independent and diversified financial services firms, offering unique and specialized fixed-income expertise. Working with institutions and individual investors, we deliver asset management, lending and consulting services, focused on finding new opportunities and better solutions.
Corporation First Horizon National Corporation operates as a holding company for First Tennessee Bank National Association, which provides various financial services in the United States.
At Generation Mortgage Company, we offer a complete range of competitive FHA-insured and proprietary home equity conversion mortgage products. We also service more than 34,000 loans with a total portfolio of over $5.7 billion. We are the creator and owner of nu62, patent-pending software that allows prospective borrowers to plan their strategic use of home equity in their overall retirement plan. nu62.com was recently launched for prospective borrowers and industry professionals to interact with nu62 and gain a better understanding of the strategic home equity utilization options available to them.
The company has ceased it's loan origination services and stalled the opeartions now.