In Brief: CFI Subprime Volume At an All-Time High

CFI Mortgage Inc. said that subprime fundings from its mortgage banking subsidiaries totaled $15.9 million in August, the highest level since the company CFI was founded, in 1989.

The fast-growing mortgage banker originates, buys, and sells conventional as well as government-guaranteed, nonconforming, and B and C subprime mortgage loans. It is the parent of Bankers Direct Mortgage Corp. and Direct Mortgage Partners.

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