American Residential Funding Inc., a nationwide mortgage banking and brokerage firm based in Costa Mesa, Calif., has begun trading over the counter on the Pink Sheets under the symbol ARFG.Vincent Rinehart, president and chief executive officer of AmRes, said the company's mortgage banking division will expand banking services to its own branch network, and that AmRes will roll out a wholesale loan program to other mortgage brokers in January. The company, which said it is licensed to originate loans in over 30 states, will remain a majority-owned subsidiary of Anza Capital Inc.
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