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Ameriquest was founded in 1979 by Roland Arnall, in Orange County, California, as a savings and loan association, or thrift, called Long Beach Savings & Loan.After moving to Long Beach, California and being converted to a pure mortgage lender in 1994, the company was renamed Long Beach Mortgage Co.
Some working capital loans don’t require collateral, reducing the risk you face as a borrower. With secured loans, the lender can seize assets used to back the loan if you fail to make payments.
On July 1, 2008, the company announced the sale of its home lending division to Lone Star Funds for $1.5 billion in cash and the assumption of $4.4 billion in debt and the sale of its manufactured housing loan portfolio, with a face value of $470 million in loans, to Vanderbilt Mortgage and Finance for approximately $300 million. [17] [18]
At its height, LendingClub was the world's largest peer-to-peer lending platform. [7] The company reported that $15.98 billion in loans had been originated through its platform up to December 31, 2015. [8] LendingClub enabled borrowers to create unsecured personal loans between $1,000 and $40,000. The standard loan period was three years.
Mi amor sin tiempo (English title: Boundless Love) [1] is a Mexican telenovela produced by Carlos Moreno for TelevisaUnivision. Developed by Martha Carrillo and Cristina García, it is based on their own 1999 telenovela Tres mujeres. [2] The series stars Leticia Calderón, Karla Esquivel and Juana Arias.
The Garn–St. Germain Act also hugely expanded thrift lending powers, allowing them to engage in commercial real estate and line-of-credit lending, which many thrifts eagerly exploited. [14] Between 1980 and 1986, thrifts' residential mortgage holdings as a proportion of assets fell from over 80 percent to less than 60.