Given the crisis that Puerto Rico is experiencing due to the coronavirus (COVID-19) preventive lockdown, several major banks and financial institutions are taking special measures to attend to customers, mostly remotely. The Puerto Rico Bankers Association said among other measures, local banks have implemented recurring periods of hand washing for employees, a control of the […]
Several appointments came down the pipeline over the past week, with executives at the Luis Muñoz Marín Airport and MoneyHouse taking on new responsibilities at their respective employers.
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.
In keeping with their philosophies of pitching in to move Puerto Rico’s economic development forward, mortgage bank Moneyhouse and local furniture chain Mueblerías Berríos announced Monday a partnership to help homebuyers through their transactions.
Moneyhouse, a Puerto Rico-based private equity lender and frontrunner in reverse mortgage closings, is awaiting approval for licenses to operate in California and Illinois to continue its stateside expansion, company officials said.
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.
Local private equity lender Moneyhouse is celebrating its fifth anniversary this month and is marking the milestone by outlining its accomplishments thus far, namely closing on more than $675 million in loans, of which 40 percent — or $275 million — are reverse mortgage cases.
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