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FOVI |
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Accounts receivable are generated by GEO when selling homes through the low-income housing programs established by FOVI and INFONAVIT, the two main Mexican housing agencies. During this time, the company focused on FOVI (Bank of Mexico's housing fund) sales, in the category of 100 minimum wages, or approximately 120,000 pesos. On April 21 the Company won an additional 2,557 FOVI mortgages. |
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