News just came out:
ELMSFORD, NY--(BUSINESS WIRE)--October 22, 1997--Cityscape Financial Corp. (NASDAQ:CTYS) today sought to clarify some information concerning the retirement of Mr. Martin Brand. It was announced on September 5, 1997 by Cityscape's UK subsidiary, City Mortgage Corporation (CMC), that Mr. Brand, 61, would be retiring as Lending Director of CMC. It also was announced by CMC that Mr. David Owen, 40, was appointed Lending Director, effective October 6. Mr. Owen, 40, previously was Credit Director of Mortgage Trust, the direct lending subsidiary of First National Building Society (FNBS), Ireland's largest building society, where he was responsible for the formulation and implementation of its UK group credit policy. Prior to that, he was a founder of Mortgage Trust in 1986, where he was responsible for its credit policy, underwriting, legal services and customer care. |