| Business Summary | | Aames
Financial
Corporation
is
a
consumer
finance
company
primarily
engaged,
through
its
subsidiaries,
in
the
business
of
originating,
purchasing,
selling
and
servicing
home
equity
mortgage
loans
secured
by
single
family
residences.
The
Company's
principal
market
is
borrowers
whose
financing
needs
are
not
being
met
by
traditional
mortgage
lenders
for
a
variety
of
reasons,
including
the
need
for
specialized
loan
products
or
credit
histories
that
may
limit
such
borrowers'
access
to
credit.
The
Company
originates
loans
nationally
through
its
core
retail
and
broker
production
channels. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | AAM
is
a
consumer
finance
company
primarily
engaged
in
the
business
of
originating,
purchasing,
selling
and
servicing
home
equity
mortgages
secured
by
single
family
residences.
For
the
nine
months
ended
3/31/01,
revenues
rose
89%
to
$135.6
million.
Net
loss
applicable
to
Common
fell
64%
to
$41.2
million.
Revenues
reflect
a
decrease
of
a
write-down
of
residual
interests
and
mortgage
servicing
rights.
Lower
loss
reflects
decresed
production
and
administrative
costs. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Mani Sadeghi, 37 Chairman | -- | A. Jay Meyerson, 53 CEO | $241K | Ronald Nicolas, Jr. CFO,
Exec. VP | -- | William Cook, 47 Exec.
VP, Retail Lending | 504K | C. John Kohler, 40 Exec.
VP, Capital Markets and Secondary Marketing | 227K | Dollar
amounts are as of 30-June-2000 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc.. |
| More
from
Market Guide on Officers & Directors: Expanded
List, Bios,
Compensation,
Options
|
|