INFONAVITInstituto del Fondo Nacional para la Vivienda de los Trabajadores (México)
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Infonavit's IDRs and Rating Outlook are at the same level as the Mexican sovereign ratings and reflect the high ability and propensity of support Infonavit from the country's federal government if needed.
So great is the shortage that Infonavit has set aside 5 billion pesos to offer 3,300 maquiladora workers housing loans to ease the pressure.
For those 7,800 who were interested, Condak-Pulte helped them fill out the paperwork to apply for low-cost mortgages through Infonavit's Binomio Ahorro Hogar program.
Until recently, INFONAVIT loans represented more than double the market share of FOVI.
Javer is the leading homebuilding company in Mexico based on the number of units sold through the Infonavit system.