Long Beach Financial

Long Beach Financial Corp is a specialty finance company that purchases and sells sub-prime residential mortgage loans.

Long Beach Financial Corp is a specialty finance company engaged in the business of originating, purchasing and selling sub-prime residential mortgage loans secured by one-to-four family residences. The Company's primary operating strategy is to generate positive cash flow by selling for cash, at a premium, substantially all originated and purchased loans to institutional purchasers several times a quarter.