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CARSON, CA-American City Mortgage here has been selected by First Nationwide Mortgage Corp., Frederick, Md., to promote the California Public Employees' Retirement System (CalPERS) Member Home Loan Program.
FNMC is the investment manager of the CalPERS program. All loans that American City originates for the program will be serviced by FNMC.
Through this program, borrowers can finance up to 95% of the purchase price of a...