Cityscape Financial Corp. announced that its City Mortgage Corp. subsidiary has acquired Heritable Finance Group for about $66 million.

Heritable, a mortgage finance company in Britain, is a unit of Heritable and General Investment Bank Ltd., which is 50.1% owned by a unit of CoreStates Financial Corp., Philadelphia.

Based in Reading, England, Heritable Finance originates primarily single-family mortgages through a network of some 300 brokers.

Its loan portfolio was about $199 million as of March 31.

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