Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Home Savings Mortgage history
Home Savings Mortgage company history timeline
Howard Fieldstead Ahmanson, the company's founder, was born in 1906.
In 1947, Ahmanson purchased Home Savings of America, a savings and loan association with assets of less than $1 million, for $162,000.
Ahmanson had foreseen these difficulties and had been making loans on apartment buildings since 1965 as a cushion against the failing mortgage market.
In 1968, while traveling in Belgium with his wife and son, Howard Ahmanson suffered a heart attack and died.
A $100 million stock offering in 1972 was a record for the time, yet it only represented 6.4% of the firm's $4.4 billion in assets.
In September of 1979, Home Savings Bank changed from being a finance company to an industrial loan corporation (thrift and loan), and began taking savings deposits from the public.
A New York merger was completed in 1984.
In 1991, approximately 95% of the company's entire loan portfolio was secured by residential real estate properties.
In 1992, earnings fell to $156 million, partially due to falling property values in the state which led to a substantial increase in nonperforming assets.
In 1993, the company purchased 24 branch offices from HomeFed Bank.
Rate how well Home Savings Mortgage lives up to its initial vision.
Home Savings Mortgage jobs
Do you work at Home Savings Mortgage?
Is Home Savings Mortgage's vision a big part of strategic planning?
Home Savings Mortgage competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Broadstone Net Lease | 2006 | $407.5M | 50 | 4 |
| Third Federal | 1938 | $420.0M | 1,005 | 43 |
| First Horizon Bank | 1864 | $50.0M | 5,577 | 889 |
| American Home Mortgage Servicing | - | $51.0M | 3,000 | - |
| First Federal Savings & Loan | - | $26.7M | 50 | 1 |
| Homeward Residential Inc | 2007 | $510.0M | 1,710 | - |
| Standard Bank | 1913 | $18.3M | 82 | 9 |
| Norwest Venture Capital Management Inc | - | $18.0M | 43 | - |
| Ridgewood Savings Bank | 1921 | $210.0M | 686 | 9 |
| Union Federal Mortgage Corp | - | $11.6M | 35 | - |
Zippia gives an in-depth look into the details of Home Savings Mortgage, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Home Savings Mortgage. The employee data is based on information from people who have self-reported their past or current employments at Home Savings Mortgage. 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 Home Savings Mortgage. The data presented on this page does not represent the view of Home Savings Mortgage and its employees or that of Zippia.
Home Savings Mortgage may also be known as or be related to Home Savings Mortgage.