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Company Description (as filed with the SEC)
We were incorporated in 1953 as a Maryland corporation. For periods between April 30, 1997 and February 1, 2005, we were a wholly owned subsidiary of Cendant Corporation (now known as Avis Budget Group, Inc.) and its predecessors and provided mortgage banking services, facilitated employee relocations and provided vehicle fleet management and fuel card services. On February 1, 2005, we began operating as an independent, publicly traded company pursuant to our spin-off from Cendant. On July 1, 2014, we sold all of the issued and outstanding equity interests of our Fleet Management Services business and related fleet entities (the "Fleet business") and began operating as a stand-alone mortgage business. We are a leading non-bank mortgage originator and servicer of U.S. residential mortgage loans. ... More ...
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|Annual EPS Est:||$-2.74|
|Quarterly EPS Est:||-0.03|