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nd: • Ben Navarro is the Founder and CEO of Sherman Financial Group ("SFG"). • Prior to SFG, he was the Co-Head of Mortgage Sales and Trading for Citicorp, with responsibility for the firm's purchases, securitizations, and sales of residential mortgages to institutional clients • Top 10 salesperson
usively originates and services the portfolio, then sells it at par to a SPV under Sherrnan's ownership • The company employs low leverage, with a Debt/Equity of 2.1x, which is below 2.4x of comparable public companies Resurgent Capital Partners • Resurgent is a CFPB-regulated purchaser of distressed co
ound: • Ben Navarro is the Founder and CEO of Sherman Financial Group ("SFG"). • Prior to SFG, he was the Co-Head of Mortgage Sales and Trading for Citicorp, with responsibility for the firm's purchases, securitizations, and sales of residential mortgages to institutional clients • Top 10 salesperson
lusively originates and services the portfolio, then sells it at par to a SPV under Sherman's ownership • The company employs low leverage, with a Debt/Equity of 2.1x, which is below 2.4x of comparable public companies Resurgent Capital Partners • Resurgent is a CFPB-regulated purchaser of distressed con
ckground: Ben Navarro is the Founder and CEO of Sherman Financial Group ("SFG"). Prior to SFG, he was the Co-Head of Mortgage Sales and Trading for Citicorp, with responsibility for the firm's purchases, securitizations, and sales of residential mortgages to institutional clients Top 10 salesperson on
exclusively originates and services the portfolio, then sells it at par to a SPV under Sherman's ownership The company employs low leverage, with a Debt/Equity of 2.1x, which is below 2.4x of comparable public companies Resurgent Capital Partners Resurgent is a CFPB-regulated purchaser of distressed consu
Entities connected to both Citicorp and Debt/Equity

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ORGANIZATIONCredit One Bank
ORGANIZATIONRadian
ORGANIZATIONQuarter End
ORGANIZATIONthe Medical University of South Carolina
ORGANIZATIONResurgent Capital Services
ORGANIZATIONResurgent Capital Partners
ORGANIZATIONBen Navarro
PERSONJules Kroll
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ORGANIZATIONJessica Wilbur
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