FirstMortgage strengthens housing market position
March 3, 2016
While Puerto Rico’s mortgage market has seen a serious decline of about 50 percent since 2007, FirstMortgage has sought to maintain its position by implementing a few strategies, including zeroing-in on towns outside the San Juan metropolitan area.
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FHLBNY awards $27.1M for affordable housing projects
December 4, 2015
The Federal Home Loan Bank of New York announced Thursday it has awarded $27.1 million in subsidies to fund 35 affordable housing initiatives throughout New Jersey, New York, Connecticut, Maryland and Pennsylvania.
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Housing sector, gov’t to pursue $400M in federal credits
November 25, 2014
Puerto Rico’s contractors, developers and representatives from the Housing Finance Authority will pursue some $400 million in federal credits available to build rental properties on the island.
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