Franklin Credit Stock Price, News & Analysis

Franklin Credit Management Corporation (FCRM) is a specialty consumer finance company that focuses on servicing and resolving residential mortgage loans. According to company information, Franklin Credit operates as a New Jersey-based specialty mortgage and loan servicer and trades on the OTC Markets, specifically the Pink Limited Market, under the ticker symbol FCRM. The company is based in Jersey City, New Jersey and was established in 1988.

Within the mortgage finance and broader financial services sector, Franklin Credit Management Corporation concentrates on activities related to residential mortgage credit. The company states that its services include loan recovery, collection servicing, and analyzing and acquiring mortgage portfolios. These activities position Franklin Credit as a participant in the specialty finance segment, with an emphasis on consumer mortgage obligations and related servicing functions.

Business Focus and Services

Franklin Credit describes itself as a specialty consumer finance company with a focus on residential mortgage loans. Its stated services cover several key areas connected to mortgage finance:

• Loan recovery related to residential mortgage obligations
• Collection servicing for mortgage and loan accounts
• Analyzing and acquiring mortgage portfolios as part of its specialty finance activities

By concentrating on servicing and resolving residential mortgage loans, Franklin Credit operates in a niche of the financial services industry that deals with existing mortgage assets and their performance, rather than originating new loans as described in the available information.

Corporate Background

Franklin Credit Management Corporation reports that it was established in 1988 and is based in Jersey City, New Jersey. The company identifies itself as a New Jersey-based specialty mortgage and loan servicer. Its shares trade on the OTC Markets on the Pink Limited Market under the symbol FCRM, placing it in the over-the-counter segment of U.S. equity markets rather than on a national securities exchange.

Role in the Mortgage Finance Sector

Within the mortgage finance industry, Franklin Credit’s focus on servicing and resolving residential mortgage loans and on loan recovery and collection servicing aligns it with specialty finance firms that handle existing mortgage portfolios. The company also notes that it analyzes and acquires mortgage portfolios, indicating involvement with pools of mortgage assets as part of its business activities.

Investor Considerations

Franklin Credit’s own communications emphasize its role as a specialty consumer finance company and mortgage and loan servicer, and note that it operates in the specialty finance sector. The company also highlights its presence on the OTC Markets Pink Limited Market under ticker FCRM. Company materials specify that their press communications are for informational purposes only and do not constitute an offer to sell or a solicitation of an offer to buy any securities, and they encourage investors to conduct their own due diligence before making investment decisions.

Company Identity

In summary, Franklin Credit Management Corporation is described by the company as:

• A specialty consumer finance company
• Focused on servicing and resolving residential mortgage loans
• Providing loan recovery and collection servicing
• Engaged in analyzing and acquiring mortgage portfolios
• Established in 1988 and based in Jersey City, New Jersey
• Traded on the OTC Markets Pink Limited Market under the ticker FCRM

This combination of characteristics places Franklin Credit within the mortgage finance segment of the financial services sector, with an emphasis on specialty mortgage and loan servicing activities as described in its own public statements.