BNC Mortgage Inc. reported Thursday that it has secured a $50 million warehouse credit and security agreement with Bank United, Houston.

The committed facility supplies warehousing for conventional, subprime, and second mortgage loans. It expires Feb. 1, 2000.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.