PFF Forms Builder Services Sub

PFF Bancorp, Pomona, Calif., the holding company for PFF Bank & Trust and Glencrest Investment Advisors Inc., has announced the formation of a subsidiary that will arrange construction and equity financing and originate bridge and mezzanine loans for builders.The subsidiary, Diversified Builder Services Inc., will be headed by Kevin Brooks. Mr. Brooks, who has more than 15 years of experience in construction lending with PFF Bank, was most recently vice president/manager of major loans with the bank.

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