In December 1992, Amresco Holdings Inc. reached a critical juncture.

"We had two choices," said Cat Hunkele, chief financial officer of the Dallas-based company, now called Amresco Inc. "To wind down and shut down or to get into a situation where we could compete in the marketplace."

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.