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  September 5, 2001
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Home > Company Index > Financial Services > Mortgage Banking & Related Services > First Mortgage Corporation

First Mortgage Corporation
OTC: FMOR
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 PROFILE
First Mortgage originates and purchases mortgage loans, collecting them for sale to institutional investors on the secondary market. The company originates these loans, primarily one- to four-family residential mortgages, through referrals from real estate brokers and builders, as well as through direct marketing and telephone sales to consumers seeking to refinance debts. The company makes almost 90% of its loans to homebuyers in California, but it is also active in Nevada, Washington, Texas, Oregon, Colorado, and other states. First Mortgage services most of the mortgage loans it originates or purchases. Chairman and CEO Clement Ziroli owns more than 90% of the company.

 COMPETITION
Bank of America Corporation (BAC)
Countrywide Credit Industries, Inc. (CCR)
Guild Mortgage Company (dossier)

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 FINANCIAL OVERVIEW
Fiscal Year-End: March
2000 Sales (mil.): 17.90
1-Yr. Sales Growth: (47.0)%
Employees: 131
Revenue per employee: $136,641.22

 KEY PEOPLE
• Clement Ziroli
    CEO
• Pac W. Dong
    CFO

 CONTACT INFO
3230 Fallow Field Dr.
Diamond Bar, CA 91765
US
Phone: 909-595-1996
Fax: 909-595-7430
Online: Web Site

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