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Thursday, December 17, 2009, 12:12AM ET - U.S. Markets open in 9 hours and 18 minutes. Dow Down 0.10% Nasdaq Up 0.27%
American Business Financial Services Inc. (ABFIQ.PK)On Dec 9: 0.002   0.00 (0.00%)  
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American Business Financial Services Inc.
100 Penn Square East
Philadelphia, PA 19107
United States - Map
Phone: 215-940-4000
Fax: 610-668-1468
Web Site: http://www.abfsonline.com

DETAILS 
Index Membership:N/A
Sector:N/A
Industry:N/A
Full Time Employees:931

BUSINESS SUMMARY 
American Business Financial Services, Inc. (ABFS), together with its subsidiaries, operates as a financial services organization mainly in the eastern and central portions of the United States, as well as in the state of California. It originates, sells, and services home mortgage loans through its principal direct and indirect subsidiaries. The company was incorporated in 1985 and is based in Philadelphia, Pennsylvania. ABFS and certain of its subsidiaries filed voluntary petitions for reorganization under Chapter 11 of the United States Bankruptcy Code in January 2005. The company intends to wind down its operations and dispose of its assets through the Chapter 11 plan of liquidation. The bankruptcy court approved the sale of the company's servicing operations to Ocwen Federal Bank FSB for approximately $20 million in April 2005.
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    CORPORATE GOVERNANCE 
    American Business Financial Services Inc.'s Corporate Governance Quotient (CGQ®) as of 1-Dec-09 is better than 54.7% of CGQ Universe companies and 41.3% of Banks companies.
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    KEY EXECUTIVES 
    No officers available for ABFIQ.PK


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