Marigold Credit Principals

Steven Ray Vaught, Partner

2004 to Present: Chief Operating Officer/President/Partner in Alpha Lending, LLC, which loans, invests, and manages three private money mortgage funds investing exclusively in real estate. Alpha Lending has loaned and managed in excess of $250,000,000 in mortgage-backed securities.

1998 to 2004: Private Money Mortgage Broker at Hopkins Financial Services, Inc., working exclusively with private money investors to evaluate real estate loans, including, but not limited to: residential loans, commercial projects, subdivision development, agricultural farms/ranches, joint business enterprise projects, and project management of equity developments.

1996 to 1998: Loan Officer with The Money Store, Inc., the nation's largest sub-prime real estate lender.

1993 to 1996: Credit Analyst for Norwest Financial Services, Inc.

Mr. Vaught attended the University of Idaho from 1989 through 1991, and received his Bachelor of Administration in Finance with a Minor in Mathematics from Boise State University in 1993.

Terence Maurice Woods, Partner

2004 to Present: Marketing Manager/Vice President/Partner in Alpha Lending, LLC, which loans, invests, and manages three private money mortgage funds investing exclusively in real estate. Alpha Lending has loaned and managed in excess of $250,000,000 in mortgage-backed securities.

1999 to 2004: Private Money Mortgage Broker at Hopkins Financial Services, Inc., working exclusively with private money investors to evaluate real estate loans, including, but not limited to: residential loans, commercial projects, subdivision development, agricultural farms/ranches, joint business enterprise projects, and project management of equity developments.

1993 to 1998: Manager for Norwest Financial, Inc.

Mr. Woods received his Bachelor of Arts degree in Art from Albertson College of Idaho on a baseball scholarship. Prior to that, he attended Cosumnes River College, in Sacramento, California, where he studied Industrial Architecture and played baseball.