Mortgage lender reports record 2007 results
Nanek's duties to be shared by management team
Company says system will help lenders pinpoint safe prospects
Value of the holding is $5.2 million
Nanek has extensive background in financial management in the banking industry
Assets surpass $3 billion
Coffey stepping down in September
The firm’s assets grew almost 36% from a year earlier
Net proceeds will bolster Equitable Trust’s Tier 1 regulatory capital and provide a foundation for growth
Mortgage lender augments regulatory capital to support growth