Halo Group, Inc.: News

04/22/10: Halo Benefits, Inc. Announces New Pharmacy Discount Card, HaloRx
04/08/10: Halo Portfolio Advisors, LLC Contracts With Local Mortgage Asset Management Fund
03/17/10: Shareholder Vision Releases Comprehensive Video Featuring Halo Companies, Inc.
02/26/10: Halo Companies, Inc. Announces Ticker Symbol Change to HALN
02/24/10: Residential Mortgage Meltdown Could See 11 Million Potential New Foreclosures in the Next 18 Months
02/09/10: Halo Debt Solutions, Inc. Approved for ISO 9001:2008 Certification
02/02/10: Halo Companies, Inc. Introduces HaloSafe ID, a New Level of Identity Theft Protection
12/16/09: Halo Group, Inc. Parent Company, GVC Venture Corp., Announces Change in Name
11/18/09: Halo Group, Inc. Makes Dallas 100 List as One of the Fastest Growing Companies in the Metroplex
11/12/09: Halo Group, Inc. Expands Again in Allen, TX
11/05/09: Halo Group, Inc. Honored With Celebration of Enterprise Award
10/27/09: Halo Group, Inc. Chief Financial Officer Named Dallas CFO of the Year
10/20/09: GVC Venture Corp. Completes Merger Transaction With Halo Group, Inc.
09/15/09: Halo Debt Solutions, Inc. Has Record Month in Debt Negotiations
09/09/09: Halo Credit Solutions, LLC Hits the Radio Waves to Educate Consumers on Credit Repair

Residential Mortgage Meltdown Could See 11 Million Potential New Foreclosures in the Next 18 Months

Posted on Feb 24, 2010 at 12:00am

ALLEN, TX--(Marketwire - February 24, 2010) - Halo Portfolio Advisors, LLC, a subsidiary of Halo Companies, Inc. (OTCBB: GPAX), announced today that it has entered into a joint marketing agreement with Employee Transfer Corporation, a nationally recognized provider of relocation, REO asset management, and short sale services, headquartered in Philadelphia, Pennsylvania. "It is a win for both organizations. Our creative contact management and loan resolution solutions will bring loss mitigation services to the agreement, while ETC, in conjunction with its ETCREO Management division, will provide REO and short sale services," states Scott McGuane, president of Halo Portfolio Advisors, LLC.

The new agreement has been reached to enable both Halo Portfolio Advisors and ETC to leverage the other's capabilities and to enhance and expand each entities product offering when marketing their services to banks, hedge funds, and other financial institutions. Within each new agreement for both existing and potential clients, Halo will have exclusive authority over, and responsibility to, the client for all loss mitigation services. These services will be provided primarily by Halo Companies, Inc. subsidiaries, Halo Loan Modification Services, LLC and Halo Credit Solutions, LLC. The same agreement provides ETC exclusive authority over and responsibilities for REO asset management and short sale services.

ETC has a nationwide real estate broker network and focuses on contracting with lenders to assist in the disposition of foreclosed properties nationwide. Due to the recent increase of non-performing loans in the marketplace, assistance is needed to deal with the volume. Halo Portfolio Advisors offers a complete suite of mitigation services that has the ability to serve a larger segment of the non-performing loan pools by leveraging all the tools offered by Halo. With the new agreement in place, ETC and Halo Portfolio Advisors can market a more complete package to mortgage portfolios stressed by non-performing loans. "We are confident the combination of services the two companies offer together fulfill an overwhelming need in the industry today," confirms Frances Martinez Myers, Senior Vice President of Employee Transfer Corporation.

About Halo Companies, Inc.

Halo Companies, Inc. is a publicly-traded nationwide holding company located in Allen, TX. Halo consists of nine subsidiaries that operate primarily in the consumer financial services industry including debt, mortgage, real estate, credit, loan modification, insurance, and portfolio management. Halo has been recently recognized by Inc. Magazine, the Comerica Bank Collin 60, the Capital One Bank Celebration of Enterprise, and the SMU Cox School of Business Dallas 100. For more information about Halo Companies, Inc., visit www.myhalogroup.com.

Cautionary Language Concerning Forward-Looking Statements:

Information set forth in this press release contains forward-looking statements that are subject to risks and uncertainties, and actual results might differ materially. A discussion of factors that may affect future results is contained in Halo Companies' filings with the Securities and Exchange Commission. Halo Companies, Inc. disclaims any obligation to update and revise statements contained in this news release based on new information or otherwise.