North American Mortgage Corp. has struck a deal with Home Savings of America that will allow it to market the thrift's popular adjustable-rate mortgages nationwide.

North American, one of the largest mortgage banks, will take applications and pass them on to Home Savings, the nation's largest thrift. Home Savings, the main unit of H.F. Ahmanson & Co., will likely hold the loans in its massive portfolio.

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.