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Plaza Savings Loan Association

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BUSINESS
October 21, 1992 | JAMES S. GRANELLI, TIMES STAFF WRITER
The surge in refinancing home loans boosted third-quarter earnings for the holding company of Plaza Savings & Loan to a record $4.3 million, or 40 cents a share, the company said Tuesday. Plaza Home Mortgage Corp.'s net income was a nearly fivefold increase over $912,000, or 8 cents a share, earned in the third quarter last year. Quarterly revenue surged 73% to $18.2 million this year from $10.5 million last year.
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BUSINESS
February 13, 1993 | James S. Granelli, Times staff writer
New division: Plaza Savings & Loan has also created a correspondent division. The goal of the unit is to develop business relationships with small mortgage banking companies, banks and S&Ls--mainly outside California--to help bolster market share nationally. Plaza is the eighth-largest mortgage loan originator in the state and the 20th largest in the nation.
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BUSINESS
February 13, 1993 | James S. Granelli, Times staff writer
New division: Plaza Savings & Loan has also created a correspondent division. The goal of the unit is to develop business relationships with small mortgage banking companies, banks and S&Ls--mainly outside California--to help bolster market share nationally. Plaza is the eighth-largest mortgage loan originator in the state and the 20th largest in the nation.
BUSINESS
February 13, 1993 | James S. Granelli, Times staff writer
One of the state's top providers of home mortgages continues to plant new loan offices across the nation, and its operators are encouraged by the new business sprouting up in these depressed times. Plaza Savings & Loan in Santa Ana plans to open two more out-of-state loan offices by the end of March, which will give it eight offices in seven states outside California.
BUSINESS
February 13, 1993 | James S. Granelli, Times staff writer
One of the state's top providers of home mortgages continues to plant new loan offices across the nation, and its operators are encouraged by the new business sprouting up in these depressed times. Plaza Savings & Loan in Santa Ana plans to open two more out-of-state loan offices by the end of March, which will give it eight offices in seven states outside California.
BUSINESS
September 7, 1990 | John O'Dell and Michael Flagg,Times staff writers
Home builders have been complaining bitterly that the federal government's crackdown on the savings and loan industry is drying up financing for their projects. But the feds also are requiring S&Ls--many of which got into rather unorthodox investments in the 1980s--to start showing a social conscience by participating in redevelopment projects. One that seems to have taken the message to heart is tiny Plaza Savings in Santa Ana.
BUSINESS
March 27, 1991 | James S. Granelli,Times staff writer
Plaza Savings & Loan may be small, but the Santa Ana thrift plays in the big leagues. An aggressive mortgage-banking operation has landed the thrift among the state's 30 largest providers of residential loans, according to information provided to a state industry trade group by Dataquick Information Systems in San Diego. Last year, Plaza loaned more than $601 million to home buyers, ranking it 21st on the list and ahead of such industry giants as First Nationwide Bank in San Francisco.
BUSINESS
October 21, 1992 | JAMES S. GRANELLI, TIMES STAFF WRITER
The surge in refinancing home loans boosted third-quarter earnings for the holding company of Plaza Savings & Loan to a record $4.3 million, or 40 cents a share, the company said Tuesday. Plaza Home Mortgage Corp.'s net income was a nearly fivefold increase over $912,000, or 8 cents a share, earned in the third quarter last year. Quarterly revenue surged 73% to $18.2 million this year from $10.5 million last year.
BUSINESS
March 27, 1991 | James S. Granelli,Times staff writer
Plaza Savings & Loan may be small, but the Santa Ana thrift plays in the big leagues. An aggressive mortgage-banking operation has landed the thrift among the state's 30 largest providers of residential loans, according to information provided to a state industry trade group by Dataquick Information Systems in San Diego. Last year, Plaza loaned more than $601 million to home buyers, ranking it 21st on the list and ahead of such industry giants as First Nationwide Bank in San Francisco.
BUSINESS
September 7, 1990 | John O'Dell and Michael Flagg,Times staff writers
Home builders have been complaining bitterly that the federal government's crackdown on the savings and loan industry is drying up financing for their projects. But the feds also are requiring S&Ls--many of which got into rather unorthodox investments in the 1980s--to start showing a social conscience by participating in redevelopment projects. One that seems to have taken the message to heart is tiny Plaza Savings in Santa Ana.
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