April 19, 2014 2:21 AM ET

Thrifts and Mortgage Finance

Company Overview of Home Loan Center, Inc.

Company Overview

Home Loan Center, Inc. operates as an online consumer direct mortgage lending company. It offers mortgage refinance, home purchase loans, and home equity loans for homeowners in the United States. The company was founded in 2002 and is based in Irvine, California with additional offices in Irvine, California; and Charlotte, North Carolina. As of June 6, 2012, Home Loan Center, Inc. operates as a subsidiary of Discover Bank.

163 Technology Drive

Irvine, CA 92618

United States

Founded in 2002





Key Executives for Home Loan Center, Inc.

Age: 43
Chief Financial Officer and Executive Vice President
Executive Vice President of Capital Markets
Senior Vice President of Tree Com Inc and General Counsel of Tree Com Inc
Age: 52
Operations Manager
Compensation as of Fiscal Year 2013.

Home Loan Center, Inc. Key Developments

Home Loan Center, Inc. Amends its Existing Warehouse Line of Credit with JPMorgan Chase Bank, N.A

On April 25, 2012, Tree.com, Inc., through its subsidiary Home Loan Center, Inc. entered into an amendment to its existing warehouse line of credit with JPMorgan Chase Bank, N.A. The amendment extends the termination date for the facility to the earlier of October 25, 2012 and the first business day that is 45 days after the closing of the sale of substantially all the assets of the company in accordance with the Asset Purchase Agreement dated May 12, 2011, as amended, subject to certain provisions for earlier termination.

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