Special Semiannual Financial Report not as much as Controls An application step 1 SA
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 Investment Inc. (the brand new "Providers," "We," "Our") are an excellent Virginia built enterprise designed thereon acquires and you may takes care of real estate supported finance, as well as other a house associated possessions, to incorporate single household members home and you can reduced, multi-loved ones characteristics. The firm, sales carrying out and you may low-doing promissory notes, personal lines of credit, and you may home payment agreements secured by the real estate ("Notes") on Us that have mortgage to help you worth features less than 100%. Meaning, the company seeks into the to purchase Notes which can be totally secure which have even more equity coverage. Due to the fact Providers mostly spends inside the first mortgage loans, the firm will get opportunistically invest in second mortgages when they see the above mentioned features. The firm ily land and you may faster multi-members of the family attributes.
The fresh new associated equilibrium sheet sets, comments off businesses, shareholders' deficit and cash moves by and therefore are unaudited and you can have not been reviewed because of the an external auditor
Another Outcome of Procedures are based on the fresh unaudited monetary statements on half a year finished "), the newest unaudited economic statements to the six months ended "), and audited financial statements since .Read more
