The financial statements and discussion and analysis of our financial condition, results of operations, and financial statements contained here within should be read in con found here. This discussion and analysis may contain forward-looking statements reflecting our current expectations that involve risks and uncertainties. Actual results and the timing of events may differ materially from those contained in these forward-looking statements due to a number of factors.
CWS Assets Inc. (the newest “Providers,” “I,” “Our”) was an excellent Virginia centered agency designed thereon acquires and you may manages real estate backed loans, and also other real estate associated possessions, to include solitary family unit members house and you can reduced, multi-members of the family residential properties. The business, instructions performing and you will low-carrying out promissory cards, https://cashadvanceamerica.net/payday-loans-nv/ credit lines, and you will homes installment deals secure from the houses (“Notes”) from the You with loan so you can really worth properties less than 100%. Definition, the firm aims toward to shop for Notes which can be totally covered with a lot more equity exposure. As Business generally invests in first mortgage loans, the company will get opportunistically spend money on next mortgage loans when they satisfy the aforementioned characteristics. The business ily property and you may quicker multiple-loved ones homes.
The fresh new associated balance sheets, comments out-of functions, shareholders’ deficit and cash streams at the time of and tend to be unaudited and you may haven’t been assessed from the an outward auditor
The following Consequence of Functions derive from the latest unaudited monetary statements into the 6 months ended “), this new unaudited economic comments into the 6 months ended “), together with audited economic comments since . Read more
