Safe And Green Development Corporation Inks Partnership To Provide Mortgage Services Via The Xene Platform
Portfolio Pulse from Benzinga Newsdesk
Safe and Green Development Corporation (NASDAQ:SGD), also known as SG Devco, has announced a partnership with Affiliated Services Group (ASG) to offer mortgage banking services across 49 states in the U.S. through its Xene platform. This collaboration aims to leverage ASG's expertise in mortgage banking to provide sustainable financial solutions to homeowners nationwide, with the goal of revolutionizing the industry with safe, sustainable, and customer-centric solutions.

May 09, 2024 | 1:23 pm
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POSITIVE IMPACT
Safe and Green Development Corporation's partnership with ASG to offer mortgage services across 49 states could significantly enhance its market presence and customer base, leveraging ASG's mortgage banking expertise.
The partnership with ASG positions SGD to expand its services and potentially increase its market share in the mortgage industry. By leveraging ASG's expertise, SGD is likely to enhance its product offerings and customer experience, which could positively impact its stock price in the short term. The focus on sustainable and customer-centric solutions aligns with growing consumer demand for responsible and innovative financial services, further supporting the potential positive impact.
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