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Mexico City based embedded mortgage lender raised $7.5m in funding led by Better Tomorrow Ventures and Metaprop.
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“In Mexico, five banks and the government originate 99% of the loans. It’s very difficult to have new competitors, because there’s no liquid secondary market like Fannie Mae or Freddie Mac in the U.S.”
https://mail.google.com/mail/u/0/?tab=mm#search/axios+pro/FMfcgzGqRZXPmbFZcjrkvtMcqtcKMZMT
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