| Business Summary | | First
Chesapeake
Financial
Corporation
is
a
financial
services
company
providing
a
broad
array
of
residential
mortgage
products
and
related
products
and
services
to
its
customers
through
its
wholly
owned
mortgage
banking
subsidiaries.
The
Company
offers
a
full
menu
of
residential
mortgage
products
to
customers
ranging
from
prime
credit
borrowers
seeking
conventional
or
FHA/VA
loans,
to
less
credit-worthy
customers
who
qualify
for
non-conventional,
alternate
documentation
and/or
subprime
loans
through
both
its
retail
and
wholesale
operations. | More
from
Market Guide: Expanded
Business Description |
| Financial Summary | | First
Chesapeake
Financial's
goal
is
to
develop
a
vertically
integrated
financial
services
company
that
can
provide
mortgage
origination,
homeowner's
insurance,
title
insurance,
home
warranties,
and
other
financial
services.
For
the
six
months
ended
6/30/01,
total
revenues
rose
35%
to
$2.7
million.
Net
loss
fell
39%
to
$299
thousand.
Revenues
reflect
growth
at
the
Collateral
One
operations.
Loss
also
benefited
from
lower
professional
fees
and
amortization
expense. | More
from
Market Guide: Significant
Developments |
| | | | FY2000 Pay | |
| Mark Mendelson, 44 Chairman
of Directors, CEO | $132K | Mark Glatz, 38 CFO,
Director | 132K | James Greenfield, 48 Sec.,
Director | -- | Dollar amounts are as of 31-Dec-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
|
|