Opteum Mortgage was recently acquired by Prospect Mortgage Company, Inc., an affiliate of the $2.2 billion private equity fund group Sterling Partners. Despite the significant challenges of the current business environment, Sterling Partners has committed more than $125 million in capital to the business, enabling Opteum to pursue increased market share through key strategic initiatives. These initiatives include recruiting more loan officers, launching several new marketing programs and investing in company-wide technology upgrades.

For more information on Prospect Mortgage, please visit their website at www.prospectmtg.com