First NLC Financial Services

News & Analysis

first nlc financial services - All News and Analysis

• An Affiliate of Sun Capital Partners, Inc. to Recaptialize and Acquire First NLC Financial Services, a National Nonprime Residential Mortgage Lender

  - 2007-07-26

  BOCA RATON, Fla. -- Sun Capital Partners, Inc. ("Sun Capital"), a leading private investment firm specializing in leveraged buyouts and investments in market-leading companies, today announced that one of its affiliates has entered into an agreement to recapitalize and acquire a majority equity interest in First NLC Financial Services ("First...

  Tags: First NLC Financial Services

• First NLC Financial Services Deploys FirstQual(TM) -- a Zementis Decision Engine Platform

  - 2007-05-07

  First NLC Financial Services, LLC, a leading national non-prime mortgage originator, and Zementis, a software company specializing in statistical and analytical e-solutions, announced the successful deployment of the ADAPA® Mortgage Decision platform -- branded as FirstQual. Following a comprehensive market review, First NLC selected Zementis ADAPA, a highly scalable...

  Tags: First NLC Financial Services

• First NLC Financial Services Announces the Restructuring of Its Operations

  - 2007-03-30

  First NLC Financial Services, LLC, a leading nonprime mortgage originator, has announced the closing of a number of its wholesale operations centers and the consolidation of this function into its facilities at Deerfield Beach, Florida and Anaheim, California. These restructuring actions, which include employee layoffs, are being taken in response...

  Tags: First NLC Financial Services

• First NLC Financial Services Relocates to New Office Space

  - 2006-11-30

  First NLC Financial Services, LLC, a leading nonprime mortgage originator, has announced that it will be relocating its corporate headquarters into a new 120,000 square foot location -- the Boca Corporate Center and Campus (formerly known as the T-Rex Corporate Center) located at 4680 Conference Way East in Boca Raton,...

  Tags: First NLC Financial Services

• Kevin Raney has been promoted to senior vice president in the direct-to-consumer, residential mortgage lending channel of First NLC Financial Services LLC in Deerfield Beach, Florida

  - 2006-07-01

  Kevin Raney has been promoted to senior vice president in the direct-to-consumer, residential mortgage lending channel of First NLC Financial Services LLC in Deerfield Beach, Florida. David C. Haithcock has been appointed senior vice president-Western regional operations in the southern California office of the Washington, D.C.-based Independent Community Bankers of...

  Tags: First NLC Financial Services

• First NLC Financial Services Announces the Promotion of James "Kevin" Raney to Senior Vice President for The Lending Center

  - 2006-05-16

  First NLC Financial Services, LLC, a leading nonprime mortgage originator, has announced the promotion of Kevin Raney to Senior Vice President within its direct-to-consumer, residential mortgage lending channel, operating in 37 states as The Lending Center. The Lending Center specializes in providing first and second mortgages for consumers with less-than-perfect...

  Tags: First NLC Financial Services

• First NLC Financial Services Promotes Karen Loney to Executive Vice President, Assistant to the President, National Operations Manager

  - 2006-04-18

  First NLC Financial Services, LLC today announced the promotion of Karen Loney to the position of Executive Vice President, Assistant to the President & National Operations Manager, reporting directly to Jeffrey M. Henschel, President & Chief Operating Officer. In her new capacity, Ms. Loney will continue to have direct...

  Tags: First NLC Financial Services

• First NLC Financial Services Announces Tim Walsh as Executive Vice President for The Lending Center

  - 2006-03-30

  First NLC Financial Services, LLC, a leading nonprime mortgage originator, has announced the promotion of Tim Walsh to Executive Vice President within its direct-to-consumer, residential mortgage lending channel, operating in 37 states as The Lending Center. The Lending Center specializes in providing first and second mortgages for consumers with less-than-perfect...

  Tags: First NLC Financial Services

• First NLC Financial Services Names Stephen Corsi Senior Vice President, Chief Marketing Officer

  - 2006-01-31

  First NLC Financial Services, LLC, a leading nonprime mortgage originator operating in 41 states, announced the appointment of Stephen Corsi to the position of Senior Vice President, Chief Marketing Officer. In his new role, Mr. Corsi will be responsible for all strategic marketing initiatives across First NLC's business channels. ...

  Tags: First NLC Financial Services

• First NLC Financial Services Announces Key Retail Channel Management Hire and Promotions for The Lending Center

  - 2006-01-09

  First NLC Financial Services, LLC, a leading nonprime mortgage originator operating in 41 states, has announced several key management changes within its direct-to-consumer, residential mortgage lending channel, The Lending Center. These changes reflect the rapid growth of The Lending Center, which specializes in providing first and second mortgages for consumers...

  Tags: First NLC Financial Services