Accredited Home Lenders Inc. operates as a mortgage banking company. The company engages in originating, servicing, and selling residential mortgage loans. The company was founded in 1990 and is ...
The Company is a nationwide mortgage lender incorporated under California law on May 14, 1990. The Company has three wholly-owned subsidiaries, Accredited Home Capital, Inc., a Delaware corporation, Accredited Financial Services, Inc., a Delaware corporation, and Accredited Home Acceptance, Inc., a Delaware corporation.
Accredited Home Lenders, Inc. Overview. Accredited Home Lenders, Inc. filed as a Foreign Business Corporation in the State of New York on Tuesday, July 8, 1997 and is approximately twenty-one years old, according to public records filed with New York Department of State.
Introduction. Accredited Home Lenders (“AHL”), the San Diego-based mortgage lender, filed for bankruptcy in the United States Bankruptcy Court for the District of Delaware on May 1, 2009.
Company History In September 1990, former Security Pacific Financial Services CEO Jim Konrath and former venture capitalist Ray McKewon launched Accredited Home Lenders, with the goal of becoming the best managed non-prime lender in the United States.
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Over creditor objections, a judge has approved the controversial sale of the mortgage servicing platform of bankrupt Accredited Home Lenders Holding Co. to Vericrest Financial Inc.
The lender stopped originating loans in 2007, according to published reports. History: Accredited Home Lenders, Inc. quickly grew into a national subprime lender. In 2003, it had its initial public offering, a year after being named one of Inc. ’s 500 fastest-growing privately held companies.
SAN DIEGO--(BUSINESS WIRE)--Accredited Home Lenders Holding Co. (NASDAQ:LEND) announced the completion, effective on October 1, 2006, of the company’s merger with Aames Investment Corporation ...