The Money House Inc., a full service mortgage lender, announced Monday it has received approval to be a Ginnie Mae issuer for the GNMA I and II single-family mortgage-backed securities program and Home Equity Conversion Mortgage-Backed Security.
Popular Inc. announced Monday that Popular Community Bank, its U.S. banking subsidiary, completed the previously announced sale of its California regional operations to Banc of California, National Association a wholly owned subsidiary of Banc of California Inc.
Puerto Rico’s economic situation raises serious questions about the capacity of policymakers to get it under control.