Conficasa Holdings has formed an alliance with the Houston-based Allied Home Mortgage Capital Corp. through which Conficasa plans to market its Mexican home loans in the United States."With this new alliance, Conficasa loan programs will be available to anyone in the United States through Allied's 700+ offices and its more than 4,500 employees nationwide," Conficasa reported. "These loan programs will give anyone the possibility to apply and qualify for the loan to buy their own dream home anywhere in Mexico." Conficasa can be found online at http://www.conficasa.com.
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Ohio-based Liberty Home Mortgage joins several companies who started using a more modernized FICO credit score for nonconforming mortgage originations recently.
7h ago -
The CFPB has dissolved the Office of Supervision, Enforcement and Fair Lending and eliminated the job of associate director in a move that impacts how it designates nonbanks for supervision.
8h ago -
The plan that the Federal Housing Finance Agency floated calls for Freddie Mac to actively invest in some new closed-end seconds as cash-out refinancing subsides.
11h ago -
The push comes amid what one expert highlighted as lax funding efforts for two Department of Housing and Urban Development grant programs.
April 17 -
Conventional lending drove volumes higher, particularly in the purchase market, the Mortgage Bankers Association said.
April 17 -
Net charge-offs at the Charlotte, North Carolina-based bank increased by more than 80% in the first quarter compared with a year earlier. BofA executives say that the rising losses were in line with the bank's risk appetite.
April 16