Skip to main content

Alabama industry appointments update - 07/06/2006

Jul 09, 2006

Accredited absorbs Aames wholesale platformMortgagePress.comWholesale mortgage lending Accredited Home Lenders Holding Company has taken over Aames Investment Corporation's wholesale division as part of an agreement between the two companies reached on June 23. The acquisition was designed to reduce employee attrition and maximize the expected synergies from the combination of both companies' wholesale operations that otherwise would have occurred during the general merger of Accredited and Aames, which is expected to be completed during the third quarter. San Diego-based Accredited Home Lenders Holding Company is a mortgage company that originates, finances, securitizes, services and sells non-prime mortgage loans secured by residential real estate. For more information, call (866) 858-5363 or visit Los Angeles-based Aames Investment Corporation is a mortgage real estate investment trust, which originates mortgage loans through its subsidiary, Aames Financial Corporation. For more information, call (800) 914-9047 or visit
About the author
Jul 09, 2006
STRATMOR, Teraverde Deal A 'Merger Of Equals'

The recent merger of mortgage advisory firms came without the need to lay people off or make any major staffing changes.

May 23, 2024
NEXA Pays Loan Officers 100% Of Commission Splits

LOs won't pay per-file fees or other hidden fees with NEXA100, says NEXA Founder and CEO Mike Kortas.

May 22, 2024
The Right Prescription

‘Doctor Loans’ making healthy strides in Florida

May 21, 2024
123 Newrez Employees Laid Off In Florida and Colorado

WARN Notices were filed the day after Computershare Mortgage Services, SLS acquisition closed.

May 07, 2024
Ishbia Predicts A Rate Cut By Election Day

CEO of United Wholesale Mortgage shares 'personal perspective' in new YouTube video

May 03, 2024
Yield Curve, Schmield Curve?

The yield curve is a harbinger, not the be-all, end-all for lenders.

May 02, 2024