Woodbridge Announces Record First Quarter Above Expectations

Woodbridge Investments, LLC continues to see a steady increase in quarterly production as larger numbers of individuals seek available resources to manage debt and unforeseen financial needs. A slowing economy and housing foreclosure crisis boosts settlement and annuity purchasing companies.

Studio City, CA (PRWEB) April 10, 2008 --Woodbridge Investments LLC reported a substantial first quarter production increase within it's structured settlement and lottery acquisition division. Originations have increased 30% from the first quarter of 2007.

Director of sales, Scott Schwartz stated, "Conditions in the financial markets, coupled with increasingly tightened policies for credit approval are responsible for the vast growth we have seen in our lottery and structured settlement divisions. Our customers have researched and found that selling their structured settlement payments is the best solution to meet their immediate needs in this current financial environment."

Scott Schwartz added, "With fewer homeowners being able to tap into their home equity and with consumer credit balances at their limit, we expect to see this growth continue into the fourth quarter as more and more individuals turn to the sale of their future payments to get the cash they need to get back on track."

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