mexico financing: Mexico Mortgage Lender Upbeat For 2010
- 03/17/10 10:45 AM
Mexico's biggest home lender, the federal government housing fund, Infonavit, has seen robust demand for its massive mortgage bond placement this month. They were upbeat about the outlook for the 2010 Mexico mortgage program and said it bodes well for the securitization program. In the record placing of bonds to raise money to lend as Mexico mortgage loans, investors demanded almost double the $391 million value of the bonds sold on the local capital markets. Jersy Skoryna, spokesperson for Infonavit's Mexico mortgage bond program, said, "Demand was very large because last year we [only] saw demand of around 1.2 times … (0 comments)
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