AmeriFirst reports $4.61 million net loss for December

By Sarah Lizee

Olympia, Wash., Jan. 25 – AmeriFirst Financial, Inc. reported a $4.61 million net loss for December on $194,670 gross income/sales, according to its monthly operating report filed Friday with the U.S. Bankruptcy Court for the District of Delaware.

In comparison, the company reported a $1.38 million net loss for November on $525,777 gross income/sales.

The cash balance at the end of December was $10.1 million, down from $12.99 million at the end of November.

AmeriFirst Financial is a mortgage lender based in Mesa, Ariz. The company filed bankruptcy on Aug. 24 under Chapter 11 case number 23-11240.

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