SilverLeaf Financial Acquires 321 Single-Family Mortgages from Loans Originated by...

SilverLeaf Financial Acquires 321 Single-Family Mortgages from Loans
Originated by GMAC
SilverLeaf Financial's CEO, Shane Baldwin, speaks about the firm's most recent
loan pool acquisitions

SALTLAKECITY, July 13 /PRNewswire/ -- SilverLeaf Financial has just acquired
28 Million dollars worth of face value notes for the discounted price of 4.9
Million dollars.

The assets in the most current loan pool consist of 321 single-family 30-year
mortgages, which include a mixed bag of non-performing and performing loans
that originated from GMAC, the financing arm of struggling automaker General
Motors. SilverLeaf will work with the individual borrowers to create a win/win
situation to restructure their debt owed in the coming months.

SilverLeaf has also acquired a 5 Million dollar note which is secured by a
newly constructed 58,000 sq ft climate-controlled self storage facility in
Fort Meyers, Florida. The asset is 50% occupied; the borrower is ASAP Storage.
SilverLeaf is excited to be working with ASAP Storage to come to an
arrangement which will be mutually beneficial to both SilverLeaf and the
borrower.

SilverLeaf Financial has also announced new in-house counsel that has joined
the company's roster. Heston Nielson, Esq. is a graduate from California
Western School of Law, a private school in San Diego. He has been practicing
law for four years, specializing in securities law, real estate law and estate
planning. SilverLeaf is excited to welcome Heston as the newest member of the
SilverLeaf family. "Heston will play an important role within our company. He
will facilitate the legal side of the financial firm's transaction activities,
as well as handle our real estate and mortgage company's legal matters. We are
excited to have him onboard," says SilverLeaf's CEO, Shane Baldwin.

SilverLeaf Financial intends to acquire more and more failed bank assets, both
sub-performing and non-performing loans. SilverLeaf is actively engaged with
several other private equity funds that are seeking to set up an exclusive
relationship with SilverLeaf Financial. Nevertheless, SilverLeaf is still
interested in talking with other parties that may want to partner with them as
they continue to buy 1st position trust deed notes from the FDIC and other
financial institutions.

About SilverLeaf Financial

Headquartered in Salt Lake City, Utah, SilverLeaf Financial
(http://www.silverleaf-financial.com) is a private equity firm organized to
capitalize on the window of opportunity that has arisen from the current
recession within the economic arena. They do this by selectively offering
participation opportunities to accredited investors, who then join SilverLeaf
in purchasing 1st position deeds of trust from the FDIC and other financial
institutions.
Contact:

Campbell Dosch
V.P. Public Relations
SilverLeaf Financial
801.413.4702
Campbell@silverleafcompanies.com

This release was issued through eReleases(TM). For more information, visit
http://www.ereleases.com.

SOURCE SilverLeaf Financial

Campbell Dosch, V.P. Public Relations of SilverLeaf Financial,
+1-801-413-4702, Campbell@silverleafcompanies.com