The group's principal activity is to originate real estate loans secured by income producing properties. The services provided by the group include accepting of deposits that are used primarily to fund the investment in variable rate commercial and residential real estate loans. The group originates real estate loans through branch offices located in San Francisco, Glendale, Costa Mesa and Del Mar. The group also acquires pools of single family mortgages in the secondary market for investment purposes and accepts deposits insured by FDIC.
