One Stop Mortgage Inc

Leading home-equity lender Aames Financial Corp. said Monday it will acquire One Stop Mortgage Inc., a rapidly growing Costa Mesa firm specializing in riskier mortgages, in a deal worth about $129 million. One Stop will become a subsidiary of Los Angeles-based Aames as part of the transaction, another sign of continuing consolidation in the "nonbank" lending industry.

One Stop Mortgage Inc., a rapidly growing firm that specializes in riskier mortgages, has been acquired by Los Angeles-based Aames Financial Corp., a leading home-equity lender. Privately held One Stop, which was founded last year, becomes a subsidiary of Aames as part of the $129-million stock transaction. One Stop will remain in Orange County, Aames has said.