My understanding is that HFS may have acted as brokers who sourced loans and arranged these through a network of providers of funds. This appears to have been confirmed in 2004 When GE Capital made a bid for the business:- http://www.businesswire.com/news/home/20041103005318/en/Capital-Acquire-HFS-Group-Leading-Home-Equity If that is so, it is...
18:38 Wed 03rd May 2017