ABFS Names EVP of Upland

American Business Financial Services Inc., Philadelphia, has announced the appointment of Peter J. Levasseur as executive vice president of Upland Mortgage Brokerage Services, a division of ABFS's wholly owned subsidiary Home American Credit Inc.ABFS said Mr. Levasseur will help guide Upland's expansion in California in support of the parent company's goal of gaining a foothold there and in other western states. Mr. Levasseur was previously president and chief executive officer of Amresco Residential Mortgage Corp. and senior vice president of Home Savings of America. He has more than 30 years' experience in the mortgage lending industry, ABFS said. The company can be found online at http://www.abfsonline.com.