|
|
Article: American Business Financial Services, Inc. Completes $120.0 Million Securitization
- Article from:
- PR Newswire
- Article date:
- June 22, 1998
CopyrightCOPYRIGHT 1998 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
BALA CYNWYD, Pa., June 22 /PRNewswire/ -- American Business Financial Services, Inc. ("ABFS") (Nasdaq: ABFI) announced today that it has completed the funding for its $120.0 million securitization, which was originally priced on June 3, 1998. The company has closed one securitization per quarter since the second quarter of fiscal 1998. ABFS sells loans through securitizations with servicing retained in order to fund growing loan and lease originations and to provide additional sources of revenue through retained mortgage servicing rights.
"The completion of this securitization brings us closer to achieving the goals we have set for ourselves here at ABFS," ...
Related newspaper, magazine, and journal articles:
|
|
Article: First Business Financial Services Elects Jan ...
PR Newswire;
December 3, 2003 ;
700+ words
... ... PRNewswire/ -- First Business Financial Services, Inc. announced today ... have Jan join the First Business Financial Services board," stated Jerry ... invitation to join the First Business Financial Services board first and foremost ...
|
|