MortgageIT files for IPO - 2004-03-23
MortgageIT Holdings Inc., a lower Manhattan-based residential mortgage lender, filed on Tuesday for an initial public offering, approximately $250 million.
The company didn't specify share prices or a date for the offering, but said it would use proceeds to fund loans and purchase mortgage-backed securities and for working capital and potential acquisitions.
Read the full story at Crain's New York Business