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Rsm Funding Corp

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October 28, 1994 | DAVID W. MYERS, TIMES STAFF WRITER
NationsBank Corp., the country's third-largest banking company, announced its first foray into California on Thursday with the purchase of three small Pasadena-based mortgage banks. NationsBank said its home loan unit, NationsBanc Mortgage Corp., bought Cypress Financial Corp., Rancho Santa Margarita Mortgage Corp. and RSM Funding Corp. Terms were not disclosed. The three mortgage banks have combined loan portfolios of $1.3 billion and 22 offices scattered across Southern California and Arizona.
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BUSINESS
October 28, 1994 | DAVID W. MYERS, TIMES STAFF WRITER
NationsBank Corp., the country's third-largest banking company, announced its first foray into California on Thursday with the purchase of three small Pasadena-based mortgage banks. NationsBank said its home loan unit, NationsBanc Mortgage Corp., bought Cypress Financial Corp., Rancho Santa Margarita Mortgage Corp. and RSM Funding Corp. Terms were not disclosed. The three mortgage banks have combined loan portfolios of $1.3 billion and 22 offices scattered across Southern California and Arizona.
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