Countrywide Home Loans Inc., Calabasas, Calif., and Brookfield Homes, a homebuilder headquartered in New York and Toronto, have announced the formation of BHI Mortgage under the aegis of Countrywide Mortgage Ventures LLC.The joint venture, based in San Diego, will offer homebuyers in California's Riverside and San Diego counties a variety of loan programs, including zero-downpayment loans and streamlined Fast & Easy loans. Qualified homebuyers who purchase a home built by Brookfield Homes will benefit from the services of a BHI Mortgage consultant who works with a Brookfield Homes sales representative to develop a customized financial package, the companies said. Countrywide can be found online at http://www.countrywide.com, and Brookfield Properties Corp., the parent company of Brookfield Homes, can be found at http://www.brookfieldproperties.com.
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A tour of the technology that banking has run on, dating back to Franklin's anti-counterfeit measures and the bank-note bulletin that preceded American Banker.
July 3 -
Issuances of new HECM-backed securities dropped off in June on both a monthly and yearly basis, according to a new report from New View Advisors.
July 2 -
The vote to approve the $12 per share deal, which rejected a hostile bid from UWM Holdings, came following several postponements of a special meeting.
July 2 -
A mortgage customer claims his data was compromised in a hack last year at a tax and accounting firm reportedly used by the wholesale giant.
July 2 -
The government-sponsored enterprise clamped down on project review requirements and certain factory-built home appraisals while loosening other guidelines.
July 2 -
The June jobs report is creating an overhang on economist forecasts for interest rates going forward, especially when combined with recent inflation data.
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