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Aames Financial's name may begin with a "double a," but its customers generally rank a little lower on the creditworthiness scale. The company provides home mortgage equity loans to homeowners with subpar credit who have trouble getting financing from traditional lenders. Through its retail loan channel, the lender operates more than 70 Aames Home Loan retail loan offices across the US. As part of its IPO, Aames Investment (formerly a subsidiary) acquired Aames Financial in late 2004. Aames Financial sells the loans it originates to its parent, retaining the servicing rights. Accredited Home Lenders is buying Aames Financial and Aames Investment.
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| | | Contact Information | |
Address: |
350 S. Grand Ave., 43rd Fl.
Los Angeles, CA 90071
| | Phone: | 323-210-5000 | | Fax: | 323-210-5551 |
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| Financial
Highlights | | Fiscal Year End: | December | | Revenue (2004): | 339.10 M | | Revenue Growth (1 yr): | 28.60% | | Employees (2004): | 2,063 | | Employee Growth (1 yr): | 20.90% |
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Key People
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Chairman and CEO:
A. Jay Meyerson
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EVP and CFO:
Jon D. Van Deuren
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EVP and CIO:
Barry M. Levine
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