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May 5, 1995 | Debora Vrana, Times staff writer
Largest Mortgage Broker: Integrity Mortgage of Costa Mesa and RPM Mortgage of Laguna Niguel have merged to become the largest mortgage broker in Orange County. Integrity is the third-largest brokerage in the county and RPM is the sixth-largest. The merged entity, called RPM Mortgage, will have more than 50 loan officers. The companies had combined loan closings totaling $230 million last year. The companies specialize in residential home loans and construction loans.
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BUSINESS
May 5, 1995 | Debora Vrana, Times staff writer
Largest Mortgage Broker: Integrity Mortgage of Costa Mesa and RPM Mortgage of Laguna Niguel have merged to become the largest mortgage broker in Orange County. Integrity is the third-largest brokerage in the county and RPM is the sixth-largest. The merged entity, called RPM Mortgage, will have more than 50 loan officers. The companies had combined loan closings totaling $230 million last year. The companies specialize in residential home loans and construction loans.
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BUSINESS
April 11, 1995 | Hope Hamashige, Times correspondent
Mortgage Affiliations: When most people imagine a cooperative, a group of farmers comes to mind. But in Orange County, a group of mortgage brokers are giving the concept a broader meaning. Indeed, the concept for National Mortgage Affiliates, started by a pair of Orange County mortgage brokers two months ago, is based on farming cooperatives. "When farmers went through tough times, they banded together," said Jerry Kaufman, principal of RPM Mortgage in Laguna Niguel and co-founder of the co-op.
BUSINESS
July 20, 1994 | James S. Granelli, Times staff writer
Home Financing: Mortgage bankers, hurting from the near halt in refinancings caused by higher interest rates, are now betting that home values have nowhere to go but up. So they're offering 100% financing for customers buying homes. The new package of loans, combinations of first and second trust deeds, is risky because property values must increase for lenders to get their money back in cases of defaults and foreclosures.
BUSINESS
September 18, 1994
Angela M. Wixted has been appointed treasurer/controller of Pacific Gulf Properties Inc., a Newport Beach real estate investment trust. She was formerly controller of O'Donnell Property Services Inc. in Irvine. Before that, Wixted was vice president and chief financial officer of SDC Investments Inc. in Newport Beach, and a senior accountant with Kenneth Leventhal & Co.'s Newport Beach office.
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