The company, which owns Pacific Thrift and Loan
Proceeds will be used to increase its thrift and loan
subsidiary's capital by $25 million, repay $12.
Western Thrift and Loan
was recently introduced to VueCentric's expanded loan origination system.
May 6 /PRNewswire/ -- California Federal Bank (NYSE: CAL) today announced that the sale of its consumer finance subsidiary, California Thrift and Loan
, was completed yesterday, May 5.
Chrisman, chairman of the board of Hawthorne Savings, FSB, and founder and CEO of Chrisman & Company, a retained executive search consultancy for financial and related industries, was elected vice chairman of the board of FHLBSF, whose members include commercial banks, savings institutions, credit unions, and thrift and loan
is a newly formed company that will use the proceeds of the offering to purchase all the outstanding stock of California Thrift and Loan
Chrisman has been elected by the Federal Home Loan Bank of San Francisco's California members, which include commercial banks, savings institutions, credit unions, and thrift and loan
companies, to serve as a director for a three-year term beginning January 1, 2003.
He has over 14 years of experience in wholesale mortgage banking operations, with lengthy stints with Topa Thrift and Loan
and with Citizens Thrift and Loan
prior to his joining Sierra Capital Acceptance in Irvine, Calif.
Letter of Intent to Acquire Thrift and Loan
NASDAQ:PAMM) reported today that it has developed a revised business strategy intended to improve future quality of earnings, operate on a cash flow positive basis beginning in the third quarter of 1998 and resolve regulatory issues affecting Pacific Thrift and Loan
Company, PAMM's primary operating subsidiary.
On June 25, 1998, the PacificAmerica Home Equity Loan Trusts Series 1998-2F and Series 1998-2V are expected to issue an aggregate of $200 million in securities backed by home equity loans originated by Pacific Thrift and Loan
Imperial Thrift and Loan
Association, a 23-year-old industrial