As of April 30, 2008, Option One Mortgage Corporation was acquired by American Home Mortgage Servicing, Inc.. Option One Mortgage Corporation originates and acquires nonprime residential mortgage products through a national network of brokers and lenders. The company also originates, services, and sells residential mortgage loans. It provides information on historical performance, including delinquency, loss, and prepayments. Option One Mortgage Corporation reaches homebuyers through its wholesale, national accounts, correspondents, and offices. The company was founded in 1992 and is headquartered in Irvine, California. It also has offices in Jacksonville, Florida and Irvine, California.
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