The group's principal activity is to provide specialty financial services. The group provides mortgage products in the one-to-four family residential mortgage market. The mortgage products are offered to borrowers who generally do not satisfy the credit, documentation or other underwriting standards prescribed by conventional mortgage lenders or loan buyers. The group originates loans through wholesale and retail division. The wholesale division originates loans through a network of independent mortgage brokers and the retail division originates loans directly to the consumer through loan officers located at retail branch offices.
