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Harbourton Capital Group Inc. (HBTC) [hlAlert]

Harbourton Financial Corporation, formerly Allstate Financial Corporation, is a diversified financial institution principally providing financing to the residential building and development community for residential single-family houses, townhouses and condominiums. Harbourton Mortgage Investment Corporation is the Company's only wholly owned subsidiary and is engaged
in mortgage banking. HMIC's primary business consists of originating and purchasing both conforming and non-conforming mortgage loans and the subsequent sale of these loans to Freddie Mac and the Government National Mortgage Association or other investors in the secondary market. Although it is no longer active in these business lines, the Company has a portfolio of commercial finance loans to small businesses secured by accounts receivable, inventory, machinery and equipment. On Septermber 5, 2006, the Company completed the acquisition of Molton, Allen & Williams Mortgage Company, LLC (MAW).
( Total: Current Stock Recommendations )
Harbourton Capital Group Inc.   ()
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