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Hershman signs exclusive agreement with HouseValues

Jun 20, 2006

Accredited Home Lenders to acquire Aames InvestmentMortgagePress.comNon-prime lenders, Accredited Home Lenders, Aames Investment Corporation Accredited Home Lenders Holding Company and Aames Investment Corporation have reached a definitive agreement, by which Accredited Home Lenders will purchase Aames for approximately $340 million. The acquisition, once complete, will make Accredited Home Lenders the sixth largest retail originator and 12th largest overall originator in the non-prime mortgage industry and give the company the ninth largest non-prime mortgage portfolio and 19th largest servicing portfolio. Accredited Home Lenders Holding Company is a San Diego-based firm 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 www.accredhome.com. Los Angeles-based Aames Investment Corporation is a mortgage originator specializing in non-prime residential mortgage loans. For more information, call (800) 914-9047 or visit www.aames.com.
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Jun 20, 2006
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