Consumer Direct of America, a Las Vegas-based mortgage banker/broker, has announced an agreement to expand its mortgage banking warehouse lines of credit by $15 million.The new credit facility provides for an unrestricted $10 million credit line, primarily for home equity lines of credit and special-circumstance loans, and a $5 million credit line for "haircut" fees the company needs to pay for loans submitted on its other warehouse lines, CDA said. The new facility is provided by Vista Capital. CDA can be found on the Web at http://www.cdofamerica.com.
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