SCOTTSDALE, AZ, Nov 12, 2010 /PRNewswire via COMTEX/ -- Dynamic Ventures Corp.
(OTC:BB: DYNV) Dynamic Ventures announces they have reached an agreement in principle with NOVA Home Loans. The parties will continue to work toward a definitive agreement.
The agreement in principle outlines how NOVA Home Loans will work with DYNV's newly formed division that will focus on the Real Estate Owned (REO) segment.
NOVA Home Loans has been providing financing solutions to homeowners and homebuyers since 1980 and is able to originate loans in 15 states.
"We feel confident that our current and ongoing expansion will establish us as an industry leader in the REO segment," said Dave Brown, Vice President of Business Development for DYNV. He further added, "Our current and expanding relationship with an industry leader such as NOVA will allow us a ready and rapid access to mortgage financing as our REO division begins reintroducing properties to prospective buyers. We are looking forward to this new relationship and the possibilities of the REO potential." NOVA Home loans Production Manager Derrick Polder added, "With our in-house underwriting, approval and documentation process, NOVA Home Loans can provide quick and effective financing solutions to prospective buyers. We understand how to document and present value improvements to underwriters, how to work through FHA's "90 day seasoning" all of which helps to provide a quick turnaround on these foreclosed properties." About The Company: Dynamic Ventures Corporation, soon to be renamed Bundled Builder Solutions, Inc., develops and markets efficient construction solutions for residential and commercial buildings. Its EZ-Build subsidiary offers a turnkey solution enabling the firm to custom design, manufacture and install complete LEED certified structures. The overall energy efficient, affordable, green, easy and quick construction approach offered by the EZ-Build system is unique in the industry.
This press release contains forward-looking statements that involve risks and uncertainties, including the Company's beliefs about its business prospects and future results of operations. Some factors that could cause actual results to differ materially include economic and operational risks, changes in anticipated earnings, continuation of current contracts, and other factors detailed in the Company's filings with the Securities and Exchange Commission, including its most recent Forms 10-KSB and 10-QSB. The Company forecasts provided above are dynamic and therefore refer only to this release date. The Company does not undertake to update any forecasts that it may make available to the investing public.
SOURCE Dynamic Ventures Corp.
www.prnewswire.com Copyright (C) 2010 PR Newswire. All rights reserved -0- KEYWORD: Arizona INDUSTRY KEYWORD: BIO