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AmNet exec sees plenty of positives in firm's sale; key investor says price falls short of S.D.-based mortgage company's value.(Finance)(AmNet Mortgage Inc. and Wachovia Corp. )(San Diego)
San Diego Business Journal; Sep 26, 2005; ; 700+ Words ...and chief executive of San Diego-based AmNet Mortgage Inc., touts the pending sale...expected to close in the fourth quarter. AmNet, a wholesale mortgage lender that works...rising home loan market. This year, AmNet is expected to fund between $12 billion...
AmNet Mortgage, Inc. Reports Third Quarter Results.
Business Wire; Nov 15, 2005; 700+ Words SAN DIEGO -- AmNet Mortgage, Inc. (NASDAQ:AMNT), the parent company of American Mortgage Network (AmNet), a wholesale nationwide mortgage bank...basis; --Mortgage loans funded through AmNet were $4.5 billion in the third quarter...
Wachovia to Acquire AmNet Mortgage in $83 Million All-Cash Merger at $10.30 Per Share.
PR Newswire; Sep 13, 2005; 700+ Words ...PRNewswire-FirstCall/ -- Wachovia Corp. and AmNet Mortgage, Inc. today jointly announced...agreement under which Wachovia will acquire AmNet Mortgage, the parent company of American Mortgage Network (AmNet), a nationwide residential mortgage banker...
Wachovia to Acquire AmNet in $83 Million Deal.
Mortgage Line; Oct 24, 2005; 700+ Words ...agreed to by the San Diego, Calif.-based AmNet Mortgage Inc. in an all-cash deal valued...originator of conforming mortgage loans. AmNet later added nonconforming products to its product mix. ARIT was not profitable. AmNet generally has been profitable. However...
Wachovia to Buy AmNet.
National Mortgage News; Sep 19, 2005; ; 700+ Words ...Charlotte, N.C., has agreed to purchase AmNet Mortgage Inc. here in an all-cash deal...originator of conforming mortgage loans. AmNet later added nonconforming products to its product mix. ARIT was not profitable. AmNet generally has been profitable. However...
Wachovia Completes Acquisition of AmNet Mortgage.
PR Newswire; Dec 12, 2005; 700+ Words ...Corporation today announced that it has completed its acquisition of AmNet Mortgage, Inc., the parent company of American Mortgage Network (AmNet), a wholesale mortgage banker. AmNet will retain its name and San Diego headquarters and will operate...
AmNet Buys Shares in Private Deal.
Origination News; Aug 2, 2004; ; 700+ Words AmNet Mortgage, the parent of American Mortgage...announced stock repurchase plan. On May 13, AmNet announced a stock buyback program, authorizing...John Robbins, chief executive officer of AmNet, said the negotiated transaction represented...
AmNet Mortgage, Inc. Stockholders Approve Wachovia Merger Proposal.
Business Wire; Dec 8, 2005; 700+ Words ...meeting held today, the stockholders of AmNet Mortgage, Inc.(NASDAQ:AMNT) approved...proposed merger transaction pursuant to which AmNet Mortgage would become a wholly owned subsidiary...be completed by the end of 2005. About AmNet Mortgage, Inc. Headquartered in San Diego...
AmNet Mortgage Inc. Reports Fourth Quarter and 2004 Results.
Business Wire; Mar 9, 2005; 700+ Words SAN DIEGO -- AmNet Mortgage Inc. (NASDAQ:AMNT), the parent company of American Mortgage Network (AmNet), a nationwide wholesale mortgage bank...2003; --Mortgage loans funded through AmNet were $2.5 billion in the fourth quarter...
AmNet Takes the Net Loss It Expected in Quarter ...(AmNet Mortgage Inc.)
Origination News; Jun 1, 2004; 700+ Words AmNet Mortgage Inc. here posted a first-quarter...million, or $0.33 per share. Previously AmNet management said the company would take a...quarter of 2003, the predecessor company to AmNet earned $12.16 million, or $1.53 per...
AmNet Repurchases More of Its Shares.
National Mortgage News; Jul 12, 2004; ; 700+ Words AmNet Mortgage, the parent of American Mortgage...announced stock repurchase plan. On May 13, AmNet announced a stock buyback program, authorizing...John Robbins, chief executive officer of AmNet, said the negotiated transaction represented...
AmNet Mortgage, Inc. is Moving to the Nasdaq National Market System under Symbol 'AMNT'.
Business Wire; Sep 27, 2004; 700+ Words SAN DIEGO -- AmNet Mortgage, Inc. (AMEX:INV), the parent company of American Mortgage Network (AmNet), a wholesale mortgage bank serving mortgage...Mortgage Network, the primary subsidiary of AmNet Mortgage, Inc., is a young, dynamic...
Amnet Telecommunications Selects Cedar Point's SAFARI C(Cubed) for Voice Deployments in El Salvador, Honduras.
PR Newswire; Feb 13, 2006; 700+ Words ...technologies for the cable industry, and Amnet Telecommunications today announced an agreement...C(Cubed) Multimedia Switching System in Amnet's networks serving El Salvador and Honduras. Amnet's systems will utilize the integrated SAFARI...
American Residential Announces Company Name Change to AmNet Mortgage, Inc. and Planned Move to NASDAQ.
Business Wire; May 6, 2004; 700+ Words ...that it has officially changed its name to AmNet Mortgage, Inc. The name change links...closely with American Mortgage Network (AmNet), the Company's wholesale mortgage...Mortgage Network, the primary subsidiary of AmNet Mortgage Inc., is a young, dynamic organization...
AmNet Mortgage, Inc. Schedules Third Quarter 2004 Press Release and Conference Call.
Business Wire; Nov 2, 2004; 602 Words SAN DIEGO -- AmNet Mortgage, Inc. (NASDAQ:AMNT), the parent company of American Mortgage Network (AmNet), a nationwide wholesale mortgage bank...at www.amnetmortgageinc.com. About AmNet Mortgage, Inc. AmNet Mortgage Inc...
AmNet Mortgage, Inc. Announces Stock Repurchase Plan.
Business Wire; May 13, 2004; 700+ Words ...BUSINESS WIRE)--May 13, 2004 AmNet Mortgage, Inc. (formerly American Residential...company of American Mortgage Network (AmNet), a wholesale mortgage bank serving mortgage...a pending sale of those assets. About AmNet Mortgage, Inc. AmNet Mortgage Inc...
AmNet Mortgage, Inc. Repurchases 500,000 Shares of Its Stock at $8.80 Per Share.
Business Wire; Jun 29, 2004; 700+ Words SAN DIEGO -- AmNet Mortgage, Inc. (Amex:INV), the parent company of American Mortgage Network (AmNet), a wholesale mortgage bank serving mortgage...substantial discount to book value." About AmNet Mortgage, Inc. AmNet Mortgage, Inc...
AmNet Mortgage Inc. Reports First Quarter Results.
Business Wire; May 17, 2005; 700+ Words SAN DIEGO -- AmNet Mortgage, Inc. (NASDAQ:AMNT), the parent company of American Mortgage Network (AmNet), a nationwide wholesale mortgage bank...2004; --Mortgage loans funded through AmNet were $2.7 billion in the first quarter...
AmNet Leaves B&C Business.(American Mortgage Network Inc.)
Origination News; Feb 1, 2006; 700+ Words ...C., which is the direct corporate parent of AmNet Mortgage Inc. Wachovia acquired AmNet Mortgage in December 2005. The decision to stop originating these kinds of loans came from AmNet, she said. Subprime made up less than 5% of...
AmNet Mortgage, Inc. Completes Sale of REIT Mortgage Portfolio Assets.
Business Wire; Jun 9, 2004; 700+ Words ...BUSINESS WIRE)--June 9, 2004 AmNet Mortgage, Inc. (formerly American Residential...company of American Mortgage Network (AmNet), a wholesale mortgage bank serving mortgage...conditions and corporate requirements. About AmNet Mortgage, Inc. AmNet Mortgage Inc...
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