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Franklin Credit Holding Corporation
Jersey CityNJ United States
  (Pink Sheets: FCMC)

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Company Description

Franklin Credit Holding is the holding company of mortgage servicer Franklin Credit Management. In 2009 the company entered into a restructuring agreement with The Huntington National Bank in which a large number (about 83%) of Franklin's subprime mortgages were transferred to the bank's real estate investment trust (REIT); in exchange, Franklin received a capital infusion of more than $13 million and services the mortgages transferred to the bank's books in order to generate fee income. Chairman and president Thomas Axon owns some 45% of Franklin Credit Holdings. Director Frank Evans more than 10%.

101 Hudson St.Phone: 201-604-1800http://www.franklincredit.com
Jersey CityNJ 07302Fax: 201-604-4400Map Map This Company
United StatesToll Free: 800-255-5897

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Franklin Credit Holding Corporation Rankings

Executives

10 executives listed for Franklin Credit Holding Corporation's Jersey City, NJ location.
Chairman and PresidentThomas AxonE-mail
EVP and CFOPaul ColasonoE-mail
DirectorAllan LyonsE-mail

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Financials

Company TypePublic - Pink Sheets: FCMC Headquarters
Fiscal Year-EndDecember
2011 Employees105
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