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Lloyds Eyes 2nd Homes.(Brief article)

Mortgage Servicing News

| December 01, 2007 | COPYRIGHT 2007 SourceMedia, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Stamford, CT -- Lloyds TSB Offshore Ltd. is interested in potentially working with U.S.-based second-home loan brokers who can help it originate novel, floating-rate, currency-based cross-border loans it is offering to mid- to high-net-worth borrowers.

The United Kingdom companys Hong Kong-based international mortgage service has been offering loans to certain borrowers for purchases of second-home vacation or investment properties outside the U.S. and has recently extended the program to certain portions of the U.S. market, according to Chris Gardiner, associate director in the companys office here.

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