As new chief executive officer A. Jay Meyerson takes the helm, Aames Financial Corp. readies a fourth quarter subprime home-equity deal in the $400 million range, which will include a new twist on high loan-to-value product, according to director and former interim CEO Mani Sadeghi.

The new product and Meyerson's hire are examples of an aggressive effort on the company's part to get back into the game after financial troubles earlier this year. With Meyerson's experience in the asset-backed market, Aames hopes for growth, including larger deal volume and an ultimate return to profitability.

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