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FFCC considers expansion to mainland
Levis looking at New York, Florida and California; PaineWebber to sell $48M in CMO securities
First Financial Caribbean Corp. (FFCC) is considering an expansion into the U.S. mainland market. Salomon Levis, the company's president and board chairman, told CARIBBEAN BUSINESS last week that he is studying areas such as New York, Florida and California.
"We're targeting regions that lack the type of mortgage services we can provide," Levis said. "And there are a lot of these areas in the States." FFCC owns Doral Mortgage Corp. and H.F. Mortgage Bankers Inc., the largest and fifth-largest mortgage banking companies …