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New American Funding ’s partnership with Matic Insurance and OneSource Solution will provide insurance and home setup services for existing and new customers while NAF is processing the loan. NAF has a servicing portfolio of more than 250,000 loans representing about $66.1 billion in value, according to the lender.
With the new mortgage program, customers receive loan estimates and closing disclosures in Spanish as well as a real-time digital version they can save. Mortgage Insurers points out that Hispanics are the youngest of any ethnic or racial demographic in the United States to purchase a home. billion in loans.
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