| 123 Loan |
1st Mariner Mortgage |
| 1st National Bank of Arizona/FNBA |
21st Mortgage Corp |
| Aames |
Accredited |
| Acoustic Mortgage / Acoustic Home
loan |
Aegis Funding / Sub-prime |
| Aegis WholeSale |
Alliance Bancorp |
| Allstate Funding |
ALT Funding |
| AME Wholesale - American Mortgage Exp |
Ameribanq Mortgage Group - Only in PA |
| American Brokers Conduit |
American General Mortgage Corporation |
| American Guardian Home loans |
American Home Equity Corporation |
| American Lending Corporation |
American
Mortgage Network |
| American Sterling Bank |
Americorp Credit Corp |
| AmPro |
Amtrust Wholesale Funding |
| Anchor |
Apreva Funding |
| Argent |
Arlington Capital |
| Aurora Loan Services a Lehman Brother |
Aurora loan services Correspondent |
| Avaris Capital -IS NOW HOME LOAN
FU |
Axiom |
| Axis Mortgage & Investments |
Bank of America |
| Bankers West Funding Corp. |
Bankers Wholesale Mortgage |
| BankersWest Funding Corp. |
BankUnited |
| Bay Capital Corp. |
BC Bancorp IS NOW ALLIANCE BANCO |
| Bear Stearns Correspondent |
Bismark Mortgage |
| BNC Mortgage Inc. formerly Finance
Am |
Brooks America Mortgage Corporation |
| Bryco Funding, Inc. |
BSM Financial, Broker Source |
| Builders Capital Mortgage |
C J Mortgage |
| California Financial Services |
Cardinal Financial Company |
| Centex Home Equity /now Nationstar
Cor |
Chapel Funding Corp. |
| Chase |
Chase A-Paper |
| Chase Correspondent |
Chase Home Equity |
| CHE Funding |
Cherry Creek Mortgage |
| Chevy Chase Bank |
Choice Capital Funding |
| CIT Consumer Finance |
Citi Home Equity |
| CitiFinancial Mortgage Company/
citi Mort |
CitiMortgage / Citi Financial are
now one |
| Citimortgage Correspondent |
CMG Mortgage Inc |
| Commonwealth United Mortgage /
is NO |
ComUnity Lending/JMAC Lending |
| Concorde Acceptance Corp. |
Consolidated Lenders Corporation |
| Continental Mortgage Services |
Country-wide -PRIME |
| Countrywide-subprime |
Crestline Funding |
| Crevecor Mortgage |
DCS Mortgage Wholesale |
| Decision One |
Decision One Mortgage |
| Deep Green Bank |
Delta
Funding Group MLS
|
| Deutsche Bank Correspondent |
Direct Mortgage Wholesale |
| Downey Savings |
Eagle Funding |
| Eastern Saving Bank |
EMC Mortgage Corporation correspondent |
| Empire Bancorp |
Empire Financial |
| Empire Mortgage Corp |
Encore Credit Corp. |
| Entrust Mortgage |
Equifirst |
| Equity 1 Lenders Group |
Equity Funding Group |
| ESI |
Everbank |
| Expanded Mortgage Credit |
Express Capital Lending |
| EZ Funding Corporation |
Fidelity Bancorp Funding/Apartment
Lend |
| Fieldstone |
Financial Freedom |
| First American Mortgage trust |
First Bank Home Mortgage |
| First Bank Mortgage |
First Boston - CSFB |
| First Capital Mortgage |
First Collateral Corespondent |
| First Consolidated Mortgage Company |
First Federal Bank of California |
| First Franklin |
First Gauranty Mtg Corp |
| First Guaranty Financial Corp. |
First Indiana Bank |
| First Magnus |
First Mutual Bank Only in WA, OR,
In the simplest meaning, asset-based lending is any kind of lending secured by an asset. This means, if the loan is not repayed, the asset California Real Estate
is taken. In this sense, a mortgage is an example of an asset-backed loan. More commonly however, the phrase is used to describe lending to business and large corporations using assets not normally used in other loans. These can include exotic things like lending against the value of a trademark or whole assets of intellectual property. For example, Midway Games took out a line of credit secured by Home Values
its Mortal Kombat franchise; if it fails to repay, the bank then owns the Mortal Kombat franchise and can sell the rights to it.
This type of lending is usually done Norco California Real Estate
when the normal routes of raising funds, such as the capital markets (selling bonds to investors) or normal unsecured or mortgage secured bank lending is not possible. This is usually because the company is in dire financial status. Thus, asset based lending can be compared to sub-prime lending. It is usually accompanied by high interest rates, and can be very lucrative for the parent Morgage
company. For example, the bank Wells Fargo made more money from asset-based lending business then it did the rest of its corporate business (both lending and fee based services).
In fact, many financial services CEOs argue that normal lending to corporations can no longer be profitable in and of itself, becauseRiverside California Real Estate
the interest rates involved are too low. This is because for most of the second half of the twentieth century, it has been possible for corporations to not borrow from banks but instead borrow from individual investors in the form of bonds. Thus, competition has made rates so low that many feel they do Mortgage Net Branch
not adequately reflect the risk (see: risk-based pricing). Most financial services companies now only lend as part of a package of services, or do asset based lending or other more lucrative businesses.
ID |
| First NLC Financial Services |
First Source Funding Group, Inc. |
| First Street Financial, INC |
First Western Funding |
| Firstline Mortgage |
Flagstar |
| Franklin American |
Franklin Bank |
| Franklin Financial |
Franklin Financial Group / FMF Capital |
| Franklin Mort. Fund |
Freedom Mortgage |
| Fremont Bank Wholesale Division |
Fremont Investments & Loan |
| Funding America |
GB Home Equity |
| GFSwholesale |
GMAC Bank Wholesale Mortgage Lendin |
| GN Mortgage |
GreenPoint Mortgage |
| HCL Finance Inc |
Heritage Plaza Mortgage |
| HMC Funding |
HMIC Harbourton mortgage Invest |
| Home Loan Mortgage Corp |
Homecomings |
| Homefield Financial, INC. |
Homeland Capital |
| Homewide Lending |
Horizon National Lending |
| HSBC |
HTFC Corporation |
| IMC-Innovative Mortgage Capital formerl |
IMPAC / Novelle Financial Services Whol |
| Impac Funding - Correspondent |
IMPAC Lending Group / Impac Companie |
| Imperial Wholesale Lending |
Indy Mac Bank |
| ING Mortgage |
Inter Mountain Mortgage |
| InterBay Funding |
Interfirst Wholesale Mortgage Lending |
| Irwin Home Equity |
Jayco Capital |
| JLM Direct |
JMAC Lending/ComUnity Lending |
| Just Mortgage |
Kirkland Financial Corp. dba SoCal
Loan |
| Lenders Direct Capital Corporation |
Lenders Diversified |
| Lending 1st Mortgage |
Lendmark Financial Services |
| Liberty American Mortgage |
Lime Financial |
| Loan City |
Loan Link Financial Services |
| Long Beach Mortgage |
Luxmac |
| Macquarie Mortgage USA Inc. |
Madison
Equity Corporation |
| Mandalay Mortgage |
Marblestone Funding |
| Master Financial |
Merit Mortgage Services |
| Meritage Mortgage Corp. |
Mesa Loan Services |
| Metropolitan Capital - metcap |
MFC Mortgage, INC. |
| MILA |
Millennium Funding Group |
| Molton, Allen & Williams Mortgage |
Mortgage Investors Group |
| Mortgage Lenders Network USA - mlnusa |
MortgageIT recently MIT Lending |
| Mountain Mortgage |
Mountain View Mortgage Company |
| Mountain West Financial |
Mylor Financial Group |
| National Bank of Arkansas NBA |
National City Home Equity |
| National City Mortgage/Accubanc |
National Wholesale Funding |
| Nations Home Lending Center |
NBANK |
| NetBank formerly RBMG |
New Century Mortgage correspondent |
| New Line Mortgage |
NFS Loans, Inc. |
| No Red Tape.com / Zero Down Mortgage |
Nomura Correspondent |
| Oak Street Mortgage |
Olympus Mortgage/Argent Mortgage |
| Opteum Financial Services |
Option One Mortgage |
| OwnIt Mortgage Solutions formerly
Oakm |
Pacific Community Mortgage |
| Pacific Mercantile Mortgage |
Pacific Residential Financing |
| Pacifica South Bancorp |
Pacificbanc Mortgage |
| Partner Loan Services IS NOW WINSTAR |
Paul Financial, LLC |
| PCM Financial Services |
PCM,
inc. |
| People's Choice Home Loan, Inc. |
Phoenix Funding |
| Platinum Capital Group |
Plaza Home Mortgage |
| Popular Financial Services, LLC. |
PRMG |
| PRMI Funding |
Professional Mortgage Corp. - PMC
Banc |
| Provident Bank Mortgage |
Provident Funding wholesale |
| Quality Home Loans |
Rainland Mortgage |
| RBC Mortgage/New Century PRIME Len |
Red Hot Funding trade name
for New Fre |
| Republic State Mortgage Co. |
Residential Capital |
| ResMae |
Resource Funding Corp |
| Resource Mortgage Wholesale |
Reunion Mortgage Inc |
| Right Away Mortgage |
Saxon Mortgage |
| SBMC |
SCME Mortgage Bankers |
| Sea Breeze Financial Services, Inc. |
Sebring Capital |
| Secured Funding |
Security National Mortgage Company |
| Shearson Wholesale |
SIB Mortgage Corp. |
| Sierra Pacific Mortgage |
Silver Hill Financial LLC. |
| South Shore Financial Services, Inc. |
Southstar Funding |
| SRI Mortgage |
St. Cloud Mortgage |
| Stearns Lending formerly First Pacific Mor |
Sterling National Mortgage Company, INC |
| Steward Financial |
Sub-500 Mortgage, Inc. |
| Summit Mortgage Corp./Winstar Mortgage |
Sun American Mortgage Company |
| Sun Trust Mortgage Company |
Sun West Mortgage Company Inc. |
| Sun West Mortgage Corp. |
Synfi |
| Taylor, Bean & Whitaker |
The Loan Center of California |
| The Mortgage Store |
The Mortgage Warehouse |
| TLP Funding |
Tri-Star
Lending Group |
| True Lending Company TLC |
Trust One Mortgage |
| Union Federal Bank |
United Commercial Bank |
| United Financial Mortgage Corp. |
United Residential lending, LLC |
| United Security Financial |
Universal Bancorp |
| US Bank Mortgage |
USB Home Mortgage |
| Valley Vista Motgage- vvmc |
Vanderbilt Mortgage and Finance,
Inc |
| Virtual Bank Mortgage |
Wachovia Mortgage Corporation Corresp |
| Washington Federal Savings |
Washington Mutual - WAMU |
| Washington mutual Commercial |
Washington Savings Bank-only
in MD, W |
| Wausau Mortgage Corporation |
Wells Fargo |
| Wells Fargo Correspondent |
Wells Fargo Home Mortg. |
| Wells Fargo Sub-prime |
West Works Mortage |
| Weststar Mortgage |
Wholesale Lending Online |
| Wilmington Finance |
Wilmington Finance Correspondent |
| WJ Capital Corp. |
WMC Direct |
| World Savings |
Zino Direct |
|
|
