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Mortgage approvals fall during January (Financial Times)  The number of mortgage approvals fell in January compared with the previous month but have rebounded from the low point touched a year earlier, according to data released yesterday.read more...


Capital One and the mortgage domino effect (CNN Money)  Capital One's shuttered GreenPoint Mortgage is the latest mortgage banking explosion to bump Wall Street's panic meter up a notch, and industry insiders say it is just another indicator that


Greenspan says housing prices still falling  "The probability of a recession would be higher than 50 percent if it hadn't been for such a remarkable degree of flexibility" Former Federal Reserve Chairman Alan Greenspan said


Patriot Bank acquires home mortgage firm (bizjournals.com via Yahoo! Finance)   Patriot Bank has acquired Principal Mortgage Group Inc. in order to expand the bank's services to include home loans.read more...


Having trouble finding a mortgage? (The State)  Are you having trouble finding a mortgage? We want to hear from you. Contact Ben Werner business reporter at The State at (803) 771- 8509 or by e-mail at


Tips to Solve Problem With New Drain Cover  read more...

April 18th, 2006

GMAC Commercial Mortgage Provides $140 Million in Refinancing for Senior Housing Properties

Horsham, Pa.—GMAC Commercial Mortgage Corp. has provided $140 million in floating-rate refinancing for a portfolio of 11 senior housing properties located throughout New England.

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