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Grey Horse Applies to Expand into Residential Mortgage Business
Industry veteran Nick Kyprianou to lead new business line
Toronto, Ontario, January 27, 2010
- Grey Horse Corporation (TSX: GHC) ("Grey Horse" or "the Corporation"), a Canadian financial services firm, announced today that its subsidiary, Equity Transfer & Trust Company (ETT), is taking steps to enable it to become a deposit-taking institution (DTI). As a DTI, ETT intends to begin taking deposits and enter the growing field of residential mortgage lending - a $950 billion market.
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