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Brazil Lending Jumps in March on Lula's Mortgage Plan (Update2) (Bloomberg.com)  April 25 (Bloomberg) -- Brazilian bank lending rose in March at the fastest pace in three months as declining interest rates and government steps to spur home ownership and housing


Home sales rose, prices fell in February  "It's now time for equally aggressive action to help families avoid foreclosure and keep communities across this country from spiraling into recession." After falling for six straight months, sales


$224M Funds Work, Pays Loans at...  Downtown Dadeland MIAMI-The joint venture partners developing Downtown Dadeland has received $224.25 million in financing from Dallas-based Goldman Sachs Commercial Mortgage Capital LP.read more...


UK Mortgage Broker, Chelsea Mortgage Management, Merges With Cobalt Capital (PR Web)  UK mortgage broker, Chelsea Mortgage Management, merging with Cobalt Capital to become Londons biggest independently owned mortgage broker, with projected annual mortgage lending in excess of £1 billion. [PRWEB Sep


Bank of America to buy MBNA for $35B  MBNA Corp., the credit card giant that has dazzled the state's coastal economy for a decade, said Thursday it will be sold to Bank of America Corp.via


Biggest bond investors bet on rate cut  Welcome to the dawn of a new credit cycle, with tighter bank lending, rising costs for riskier borrowers and a slowing economy.Commentread more...

August 19th, 2007

This year, mortgage expo is no party (Los Angeles Times)

The mood at the troubled industry’s toned-down event in Long Beach is upbeat but stunned. Pep talks were not on the agenda this weekend as beleaguered mortgage industry professionals attended an exposition in Long Beach.

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