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
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.