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Del Mar parent buying mortgage operation

Tuesday, June 20, 2000 | 12:01 p.m.

Sunderland Corp., parent of the big Las Vegas real estate lender Del Mar Mortgage, said it's buying Mortgage Source.

Terms weren't disclosed. Las Vegas-based Mortgage Source is licensed in 13 states with plans to expand nationwide. It completed $65 million in residential home loans in 1999 and has 31 employees, Sunderland said.

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