Popular Mortgage closed 10,000 new mortgages and refinancing loans in Puerto Rico last year, representing about $1.5 billion for the bank that as a result locked down a market share of about 30 percent for 2012, financial institution officials said Thursday.
Moneyhouse, Puerto Rico’s largest private equity lender and frontrunner in reverse mortgage closings, is marking its sixth anniversary with the recent opening of a new branch in Guaynabo, pushing the number of offices to eight in Puerto Rico.
Scotiabank has taken “Global Bank of the Year” honors from The Banker magazine, along with recognition in seven other categories including “Bank of the Year for the American Continent.” It is the first time a Canadian bank receives recognition in these categories.
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