FHipo signs IIC revolver

FHipo signs IIC revolver

Bonds Structured Finance Mexico Loans

FHipo has signed a MXN1.4bn ($77.6m) revolving loan with the IIC to increase mortgage loans in Mexico's housing market.The real estate investment trust will buy existing mortgages with the IIC funding so originators can provide more housing loans, "particularly in segments of the population currently neglected by commercial banks," the IIC said in a statement.The IIC's financing offers longer maturities than those available in the market, the multilateral lender said.FHipo is preparing a 30-year

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