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Faraday Future history
Faraday Future company history timeline
In 1994, the company was purchased by DLJ Merchant Banking Partners, a unit of Donaldson, Lufkin & Jenrette.
In 1999 First Franklin was purchased by National City Corp. from a subsidiary of Bank of America for $266 million.
By 2003, the company helped National City become the sixth largest mortgage lender in the country.
OwnIt filed Chapter 11 bankruptcy in December 2006.)
During the fourth quarter of 2006, First Franklin ranked as the fifth largest subprime lender in the country.
On March 5, 2008, the company halted loan originations.
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Faraday Future competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Fieldstone Mortgage Company | 1995 | $77.8M | 92 | - |
| Argent Mortgage Co | - | $3.4M | 49 | - |
| Accredited Home Lenders Holding | 1990 | - | 7,500 | - |
| GreenPoint Mortgage Funding, Inc. | 1992 | $820,000 | 2,700 | - |
| First Horizon Bank | 1864 | $50.0M | 5,577 | 873 |
| Resmae Mortgage Corporation | - | $110,000 | 50 | - |
| BNC Mortgage | - | - | 200 | - |
| United Wholesale Mortgage | 1986 | $47.8M | 75 | 60 |
| IOU Financial | 2011 | $15.6M | 42 | 1 |
| Full Spectrum Lending Inc | 1996 | $400,000 | 2 | - |
Faraday Future history FAQs
Zippia gives an in-depth look into the details of Faraday Future, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Faraday Future. The employee data is based on information from people who have self-reported their past or current employments at Faraday Future. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Faraday Future. The data presented on this page does not represent the view of Faraday Future and its employees or that of Zippia.
Faraday Future may also be known as or be related to Faraday Future, First Franklin Financial and First Franklin Financial Corp.