Home lenders consolidate to offset cool down.(Accredited Home Lenders Holding Co. to acquire Aames Home Loans and enhance its services)
With the mortgage business cooling down, and profit margins on loans getting tighter, consolidation talk among the multitude of home lenders is picking up. Last month, San Diego-based Accredited Home Lenders Holding Co. decided to improve its numbers over the long-term by buying a competitor, Aames

Publication: San Diego Business Journal

Accredited Home Lenders Holding Co. to Acquire Aames Investment Corp.; Combination Will Triple Accredited's National Retail Mortgage Origination Presence, Provide Business Synergy, Expand Wholesale Reach and Improve Stockholder Value.
SAN DIEGO & LOS ANGELES -- Accredited Home Lenders Holding Co. (Nasdaq:LEND), a nationwide mortgage company specializing in non-prime residential mortgage loans, and Aames Investment Corporation (NYSE:AIC) today announced a definitive agreement pursuant to which Accredited will acquire Aames.

Publication: Business Wire

Accredited to buy Aames.(Accredited Home Lenders Holding Co. acquires Aames Financial Corp.)(Brief article)
Accredited To Buy Aames: Accredited Home Lenders Holding Co., a San Diego-based mortgage bank specializing in nonprime mortgages, signed a definitive agreement to acquire Los Angeles-based Aames Investment Corp. in a stock and cash deal valued at $340 million. Aames originated $6.75 billion in home

Publication: San Diego Business Journal

Aames Financial Joins the LendingTree Network; Aames Home Loan To Offer Consumers Mortgages and Equity Loans Through LendingTree's Online Loan Marketplace.
LOS ANGELESBUSINESS WIRENov. 2, 1999-- Aames Financial Corporation (NYSE:AAM) today announced that the company will provide mortgages and home equity loan offers online via the LendingTree Network at www.lendingtree.com. LendingTree is the online loan marketplace that connects consumers seeking

Publication: Business Wire

Accredited shares hit low.(Accredited Home Lenders Corp.)(Aames Investment Co.)(Brief article)
Accredited Shares Hit Low: Local mortgage bank Accredited Home Lenders Corp. was the No. 1 initial public offering for 2003, the year it went public, and more than tripled from the issue price of $8 to $30.60. Last week, the high flying stock that reached a high earlier this year of just above $60

Publication: San Diego Business Journal

Money Lenders To The Masses Subprime home-equity lenders have downscale clients and a checkered history. So why are they in play? - April 27, 1998
(FORTUNE Magazine) - The stock of a company that makes home-equity loans to people with lousy credit may not sound like a must-have investment. That's especially true when you consider that almost the entire subprime home-equity industry last fall admitted booking earnings that never materialized.

Publication: Fortune