Aames Home Loans: Latest Job Openings, Reviews and Ratings & Profile wise Salary Distribution

Aames Home Loans Careers & Info

Aames Home Loans OverviewAames Home Loans was a mortgage company with headquarters in Los Angeles, California. The company was founded in 1954 and originally provided a variety of financial services, such as business loans, but eventually focused on mortgage lending in the 1980s. Aames Home Loans was owned by Aames Capital Corporation, which provided commercial mortgages in addition to residential ones.

One of the products offered by Aames Home Loans was sub prime mortgages. While the company did quite well in the 90s, problems began to arise as the housing bubble started to burst. The company has faced criticism for its role in the sub prime lending crisis that occurred in 2008, particularly for not providing clear information to borrowers and engaging in unauthorized collection practices such as using demeaning language towards home owners who fell behind on their mortgage payments. Aames eventually went bankrupt in 2008.

Aames Home Loans Job Information

Aames Home Loans no longer operates as a result of its 2008 bankruptcy. Before the company was shut down, it employed around 50 people in its Los Angeles headquarters and maintained several other offices around the country, for a total of approximately 1,500 employees nationwide. Those interested in a job related to mortgage finance can check out opportunities available at other lenders who have survived the recent economic downturn.

What jobs pay the most at Aames Home Loans?

Regional Manager is the highest paying job at Aames Home Loans at $138,000 annually.