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ARM HOLDINGS CORP., PARENT OF AMERICAN RESIDENTIAL MORTGAGE CORP., FILES REGISTRATION STATEMENT FOR INITIAL PUBLIC OFFERING

 ARM HOLDINGS CORP., PARENT OF AMERICAN RESIDENTIAL MORTGAGE CORP.,
 FILES REGISTRATION STATEMENT FOR INITIAL PUBLIC OFFERING
 LA JOLLA, Calif., Feb. 6 /PRNewswire/ -- ARM Holdings Corp. today filed a registration statement with the Securities and Exchange Commission for its initial public offering of 3 million shares of common stock. ARM Holdings is a holding company which, through its wholly owned subsidiary, American Residential Mortgage Corp., is a national mortgage banker.
 The lead managers of the proposed public offering are Morgan Stanley & Co. Inc. and Salomon Brothers Inc.
 American Residential, with 36 branches in 14 states, is a national mortgage banking company engaged primarily in the origination of residential home loans. It currently maintains a servicing and subservicing portfolio of more than $8.8 billion.
 A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold nor may offers to buy be accepted prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of these securities in any state in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state.
 -0- 2/6/92
 /CONTACT: Judith A. Field, 619-535-4425, or Mark A. Conger, 619-535-4429, both of American Residential Mortgage Corp./ CO: American Residential Mortgage Corp. ST: California IN: FIN SU: OFR


CH-EH -- SD006 -- 7858 02/06/92 15:54 EST
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Publication:PR Newswire
Date:Feb 6, 1992
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