Established in 2004, ECC Capital Corporation is a real estate investment trust that manages a range of nonconforming loans. Through its wholly owned subsidiary, Performance Credit Corporation, the company offers several originator and financial services for borrowers. It is licensed to operate throughout California, Georgia, Illinois, Minnesota, Mississippi and New Hampshire. ECC Capital Corporation maintains a network of brokers throughout the United States. It finances several loans through the issuance of asset-backed securities in securitization transactions accounted for as financing or sales. The company also offers accounting services throughout its independent accounting firm, Grant Thornton.