Script section containing code for Liveperson Chat Solution

Hoover's - A D&B Company - We Make It Easier
I'm Ready to Subscribe
Special Offers
DNBi. Leverage D&B's credit assessment tools.

ECC Capital Corporation · Irvine, CA United States (Pink Sheets: ECRO)

1733 Alton Pkwy.Phone: 949-955-8700
IrvineCAFax: 866-405-6836
92606
United StatesMap Map This Company
  • Company Profiles
  • Competitive Landscapes
  • Industry Reports

Buy Reports

For a Hoover's Free Trial, Call
(866) 444-8642
or
Chat Now

ECC Capital Corporation Rankings

More Companies in Irvine, California
trybuyarrowsMore Companies in These Related Industries: Banking, Lending & Credit Services

Company Description

ECC Capital refused to conform -- to credit scoring criteria. The real estate investment trust (REIT) was formed to invest in non-conforming residential real estate loans. In the height of the subprime mortgage crisis, the REIT's revenues plummeted and ECC Capital was forced to close offices, reduce its workforce, and sell assets. In 2007 it sold wholesale mortgage banking arm Encore Credit to Bear Stearns; it also sold its portfolio of direct-to-consumer loans to ResCap. The REIT is seeking a buyer for the rest of its securitized assets. Subsidiary Performance Credit was formerly engaged in the origination of wholesale loans but now provides financing to ECC Capital's clients.

To read the full description: Subscribe Now
left-headECC Capital Corporation Reports
right-head

No subscription, no problem.

Download presentation-ready reports. From company profiles to the competitive landscape, Hoover's offers immediate access to individual reports.

Shop Reports
Shop Reports

Financials

Company TypePublic - Pink Sheets: ECRO Headquarters
Fiscal Year-EndDecember
Employees800

Executives

6 executives listed for ECC Capital Corporation's Irvine, CA location.

Chairman and CEOSteven HolderE-mail
President and CFORoque SantiE-mail
EVP and Chief Administrative OfficerLarry MorettiE-mail

More ECC Capital Corporation Executives

Sponsored Links