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Royal Bank America offers residential mortgage product

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Royal Bank America offers residential mortgage product

Royal BankAmerica has added residential and refinanced mortgages to itsconsumer line of products.

Under the new arrangement, the company serves as a mortgagebroker and is collaborating with GMH Mortgage Services LLC to offer the mortgage productsin Pennsylvania, New Jersey, Delaware and Maryland.

Royal Bank America will initially offer 15-year and 30-yearfixed-rate purchase-money and refinanced residential mortgages.