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SECURITY: AAM (Common)   EXCHANGE: New York Stock Exchange   CURRENCY: US Dollar

Aames Financial Corporation, founded in 1954, is a leader in the field of subprime home equity lending. Aames serves borrowers whose financing needs are not being met by traditional mortgage lenders for a variety of reasons, including the need for specialized products or credit histories that may limit such borrowers' access to credit. Aames believes these borrowers continue to represent an underserved niche in the home equity loan market. Aames makes it possible for homeowners with less-than-perfect credit histories or nonconforming financial situations to access the financing they need
Aames originates loans nationally through its retail and broker office networks and through the Internet and telemarketing. During the years ended June 30, 2003, 2002 and 2001, the Company originated $4.4 billion, $3.2 billion and $2.4 billion, respectively, of mortgage loans. At June 30, 2003, Aames had 91retail branch locations, four regional broker offices and two National Loan Centers across the United States.

Copyright  2007