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Halo Companies, Inc.
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Halo Companies, Inc. was a privately-owned, multi-faceted financial services company founded in 2004 and headquartered in Troy, Michigan. The company's primary business model involved raising capital from investors to purchase and manage portfolios of distressed assets, particularly non-performing residential mortgage notes. Its integrated services included mortgage servicing, asset management, and real estate services. In 2015, the company's operations ceased after the U.S. Securities and Exchange Commission (SEC) charged Halo and its CEO with defrauding investors, leading to the company being placed into receivership.
United States
Industry
Financial