FINANCIAL SERVICES
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Federal Home Loan Boom: The housing market may seem slow, but don’t tell that to Western Bank Mortgage Co. in Costa Mesa.
The company, a division of Western Bank in Westwood, has become the second-largest provider of FHA and VA loans in the second quarter by lending $79.5 million in the government-backed programs.
“Our average loan amount is one of the lowest because of the volume of money we loan to low- and moderate-income families for lower-cost housing,” said Larry Koppelman, the company’s managing director.
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