AMC Financial, Inc. - ACFL- Profile

AMC Financial Holdings, Inc. Formerly known as Amc Financial, Inc.. The Group's principal activities are to sell and service mortgage loans secured primarily by one-to-four family residences. The Group's activities are carried out through its wholly-owned subsidiary, Cityscape Corp. In October 1998, the Group filed for chapter 11 proceedings and emerged from such proceedings in June 1999. Interest income accounted for 42% of 1999 revenues; gain on sale of loans, 42% & other income, 16%. A consumer finance Company that sells and services mortgage loans secured primarily by one-to-four family residences